US DOE launches $5m water power fund to help develop new technologieshe US Department of Energy’s Water Power Technologies Office (WPTO) has o...
Published on by Water Network Research, Official research team of The Water Network
he US Department of Energy’s Water Power Technologies Office (WPTO) has opened a $5m fund to help support the commercialisation and adoption of water power systems and solutions.
The WTPO said that water power technologies such as hydropower and marine energy are key to achieving a clean electricity sector by 2035.
Owing to the predictability of water flows such systems are well-suited to help balance an electricity grid, particularly when it includes renewable energy sources such as wind and solar, which are subject to fluctuation.
The office, which enables research into emerging marine energy and hydropower systems, will provide the funds to enable entrepreneurship and support business creation, it said in statement.
This, it argues, will help to create competition, which in turn will drive economic innovation.
Attached link
https://www.power-technology.com/news/the-us-water-power-technologies-office-has-opened-a-5m-fundTaxonomy
- Energy
- Hydropower
- Hydro Power