The U.S. Department of Energy (DOE) recently announced more than $3.5 million for 18 hydropower and marine energy projects as part of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program. DOE's Water Power Technologies Office (WPTO) selected these small business-led projects that can help spur water power-focused innovation across the country.
These projects nine focused on hydropower and nine focused on marine energy will help achieve the Biden administration's goals of a carbon-free power sector by 2035 and net-zero-emissions economy by 2050. Hydropower and marine energy technologies capture energy from the movement and flow of water. This makes them predictable, reliable, and well-suited to help balance an electricity grid with higher levels of variable renewable energy like wind and solar.
Click here for details about the 18 projects.
For more information
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