Wave Energy

Two researchers have determined cost-effective ways to purchase these strange, alien legs dropping down to the seafloor—also known as moorings—for a new wave energy test facility currently under construction off the coast of Oregon. Illustration by Josh Bauer, NREL.

Notice of Intent: Up To $112.5 Million Funding Opportunity to Support U.S. Wave Energy Development

On July 31, 2024, the U.S. Department of Energy’s Water Power Technologies Office announced an intent to provide up to $112.5 million in funding to advance the commercial readiness of wave energy technologies through open water testing and system validation. DOE anticipates opening this funding opportunity in or around September 2024. Wave … [continued]