DOE says the funding opportunity represents the "largest investment in tidal and river current energy technologies in the United States."While there is excitement about the potential of renewable technologies such as tidal power, there are significant challenges when it comes to scaling up.
While there is excitement about the potential of renewable technologies such as tidal power, there are challenges when it comes to scaling up.The U.S. Department of Energy said $35 million in funding would be made available "to advance tidal and river current energy systems" under plans it hopes will provide a shot in the arm to a sector whose current footprint is tiny.
In a statement Tuesday outlining the move, the DOE said the funding opportunity — which is slated for release in 2023 — represented the "largest investment in tidal and river current energy technologies in the United States."The DOE said it proposed "to develop a tidal or river current research, development, and demonstration site and to support in-water demonstration of at least one tidal energy system.
Alejandro Moreno, who is acting assistant secretary for Energy Efficiency and Renewable Energy, said oceans and rivers represented "a huge potential source of renewable energy." The DOE said the funding would come from the Bipartisan Infrastructure Law.
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