Wedoany.com Report-Oct 10, The U.S. Department of Energy’s (DOE) Water Power Technologies Office (WPTO) has allocated more than $33 million in funding to advance marine energy and hydropower projects.

Out of the total funding, nearly $25 million is dedicated to 25 marine and hydropower research and development (R&D) projects at six national laboratories, while $8.6 million will support 13 technical assistance projects for hydropower through the HydroWIRES initiative.

Marine energy stands out in this funding round, reflecting its potential in the renewable energy sector. Technologies such as wave, tidal, and ocean current are expected to deliver contributions to remote and coastal communities, the blue economy, and U.S. energy grids.

“The total available marine energy resource in the United States is equivalent to approximately 57% of all U.S. power generation. Even if only a small portion of this technical resource potential is captured, marine energy technologies would make significant contributions to U.S. energy needs,” said WPTO.