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Biden-Harris Administration Invests Nearly $16 Million to Advance Marine Energy in the U.S. |
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In support of the President’s Investing in America agenda, the Department of Energy (DOE) today announced two innovative marine energy projects will receive a combined $6 million to develop a tidal energy research, development, and demonstration pilot site in the United States. In addition, a community-led river current energy research and development project was selected to receive $9.5 million.
Tides and currents are incredibly predictable, meaning these resources could help balance other sources of renewable energy and be important contributors to a 100% clean energy grid. This funding, supported by the Bipartisan Infrastructure Law, encourages U.S. leadership in tidal and current energy development, supporting the Biden-Harris Administration’s goals to help communities meet their energy priorities and develop the marine energy sector’s supply chain and workforce.
“With marine energy we can sustainably harnesses the power of the ocean and rivers, providing rural and remote communities with clean reliable power,” said U.S. Secretary of Energy Jennifer M. Granholm. “The projects announced today are part of the largest investment by the federal government to advance the technology to capture energy from ocean tides and river currents, while helping decarbonize hard-to-reach coastal communities across the country and increasing their energy independence and resilience by increasing use of locally generated energy.”
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