CorPower Gets Funding for Wave Energy Scale-Up
Council (EIC) Accelerator program and has been awarded €2.5 million in grant and a pre-commitment of €15 million in equity investment, totaling €17.5 million, to accelerate the commercialization of its wave energy tech. This funding is part of the 2024 EIC Challenge “Renewable energy resources and their whole value chain.” The EIC Accelerator supports high-impact innovations and scaleups across Europe. In its most competitive call to date, CorPower Ocean emerged as one of 71 companies selected from a pool of 1,211 applicants, underscoring the transformative potential
'Blue Economy' Target of Government Funding
, Braid Theory, University of South Florida, Ocean Exchange, World Ocean Council: $13.9 million.Recommended awards will support the development of technologies and services that address all of the following topics:Ocean Renewable Energy to support the siting, construction, and operation of ocean renewable energy resources.Coastal and ocean carbon sequestration monitoring and accounting to track the effectiveness and environmental impact of removing carbon dioxide in the atmosphere and storing it in the deep ocean.Hazard mitigation and coastal resilience to improve wind and water level predictions that help
Nexans to Link Orkney Islands with UK Mainland via 220MW Interconnector
at multiple locations, including in the UK and adds to Nexans’ expanding portfolio of interconnectors including the Celtic Interconnector and the Crete-Attica Interconnector.“We are looking forward to working on the Orkney Link as it represents a major milestone in connecting remote renewable energy resources to the UK mainland. Subsea interconnectors are critical for reliably delivering electricity across the oceans from the places with the greatest supply to those with the greatest demand, thereby increasing network resilience and allowing access to reliable energy for consumers,” said
DOE Launches $1.7 Million Marine Energy Prize
?Environmental/ecological impact: How does the solution minimize the negative effects of interactions with local flora and fauna?Harsh operational conditions: How does the solution address operations in challenging conditions and unwanted growth of marine organisms?Hybridization with other renewable energy resources: How does the solution utilize marine energy to address power gaps caused by intermittency of other non-marine renewable energy resources?Suitability of power: How does the solution maximize efficiency?The first phase, CONCEPT, will center on developing teams and sound concepts, awarding
Baker to Head BOEM's Office of Renewable Energy Programs
; Bureau of Ocean Energy Management (BOEM) on Tuesday announced Karen J. Baker will lead its Office of Renewable Energy Programs (OREP).BOEM, an agency within the Department of the Interior, manages U.S. offshore energy resources.As Chief of BOEM's OREP, Baker will oversee the development of renewable energy resources on the Outer Continental Shelf through planning, stakeholder engagement, environmental analysis and technical review.“We’re very excited to add Ms. Baker to our team at such a pivotal time in offshore wind development,” said BOEM Director Amanda Lefton. “I know she
California Task Force Will Examine Offshore Renewables
between BOEM and state, local, and tribal governments and federal agencies concerning potential renewable energy leasing for research activities and commercial development on federal submerged lands on the Outer Continental Shelf (OCS), offshore California. “While offshore renewable energy resources have not yet played a significant role in California’s energy system, they present important potential future opportunities,” said California Governor Jerry Brown in his May 12 letter to Secretary Jewell. “There are significant offshore resources along most of California&rsquo
BOEM Seeks Comment on Proposed Energy Research
entail the installation of meteorological facilities within the Virginia WEA. The Bureau of Ocean Energy Management promotes energy independence, environmental protection, and economic development through responsible, science-based management of offshore conventional and renewable energy resources.
U.S. Offshore Energy: NOIA Responds to State of the Union Address
more American families by including more offshore areas in the upcoming five year leasing plan. ” ABOUT NOIA NOIA is the only national trade association representing all segments of the offshore industry with an interest in the exploration and production of both traditional and renewable energy resources on the nation’s outer continental shelf. NOIA membership comprises about 300 companies engaged in business activities ranging from producing to drilling, engineering to marine and air transport, offshore construction to equipment manufacture and supply, telecommunications to finance
NOIA Commends Maryland Offshore Wind Auction
in government revenue, $24 billion per year to the economy, and 280,000 new jobs by 2035.” About NOIA NOIA says it is the only national trade association representing all segments of the offshore industry with an interest in the exploration and production of both traditional and renewable energy resources on the nation’s outer continental shelf. The NOIA membership comprises about 300 companies engaged in business activities ranging from producing to drilling, engineering to marine and air transport, offshore construction to equipment manufacture and supply, telecommunications
February 2025
