Public comments open for Wave Energy Prize Rules Draft

U.S. Department of Energy (DoE) is sponsoring Wave Energy Prize competition in order to encourage the development of WEC devices that reduce the cost of wave energy production.

Through the Wave Energy Prize, the DoE is trying to identify new technologies that can help reduce the Levelized Cost of Energy (LCOE) over current leading WEC device designs.

Registration for the Wave Energy Prize is set for April 1, 2015, and the Prize Administration Team has published a draft version of the Wave Energy Prize Rules that is now open for public comments.

The public comment period ends on March 20, 2015.

The official version of the Wave Energy Prize Rules will be published once the registration for the competition opens.

The team that ranks the higher after testing the 1/20th scale WEC device model will be awarded USD 1.5 mln. The second team will win an award in the amount of USD 500.000, and the third-placed tam will be awarded USD 250.000.

Center map
My location

Google MapsGet Directions

Image: DoE

Share this article

Follow Tidal Energy Today


<< Jan 2018 >>
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Waterpower Week 2018

This 3-day jam packed event provides you the opportunity to network, learn about legislative and regulatory initiatives, and discuss…

read more >

World Future Energy Summit 2018

The conference offers a combination of in-depth breakfast briefings, panel discussions and expert talks, with senior-level members…

read more >

Marine Moorings Masterclass – STORM project

Funded by Innovate UK, the STORM (Specialised Thimbles for Offshore Renewable Marine energy) project is aiming to design a new multi-material…

read more >

RenewableUK Wave & Tidal 2018

The event will bring together leading developers, OEM’s, financial and innovation funding experts, technical and safety professionals…

read more >