US DoE offers USD 10m to back community-led tidal project

The US Department of Energy (DoE) plans to provide USD 10 million (EUR 9.3m) to support at least one tidal or current energy planning and execution project in the US.

The project will be preferably led by a community-based organisation or local government entity.

The funding will be awarded under a new topic area that has been added to a proposed USD-35-million funding opportunity to advance tidal and current energy systems. The proposed funding opportunity thus increases to USD 45 million.

The additional USD 10 million of support was announced this week by DoE’s Water Power Technologies Office (WPTO). It is intended to build on the technical assistance provided through programmes such as the Energy Transitions Initiative Partnership Project (ETIPP), which is focused on remote and island communities.

The proposed funding opportunity, coming under the Bipartisan Infrastructure Law, was unveiled in October 2022. It seeks to make the first large-scale investment in the development of a tidal research, development and demonstration (RD&D) site.

(USD 1 = EUR 0.928)

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