$45 Million Funding Opportunity to Advance Tidal and Current Energy Planning and Development
Funding

The U.S. Department of Energy’s Water Power Technologies Office (WPTO) today released a $45 million funding opportunity to advance a comprehensive approach to tidal and current energy development in the United States. This opportunity will make the first large-scale investment in a tidal and/or current energy research, development, and demonstration site in the United States. It will also support a community-led tidal and/or current energy planning and development project.  

This funding opportunity—Bipartisan Infrastructure Law, Section 41006(a)(2): U.S. Tidal Energy Advancement—will support projects in two topic areas focused on advancing the tidal and current energy industry toward commercialization for utility- and community-scale applications:   

• Topic area 1 will provide up to $35 million to support the development of a pilot tidal and/or current energy technology demonstration site in state waters.   
• Topic area 2 will provide up to $10 million to support a community-led tidal and/or current energy planning and development project.  
  
  Applicants must submit a concept paper to be eligible to submit a full application. The deadlines for concept papers are: 

• Topic area 1:  5 p.m. ET on June 5, 2023  
• Topic area 2:  5 p.m. ET on July 13, 2023 

Webinar  

WPTO will host an informational webinar at 3 p.m. ET on May 30, 2023, to discuss the funding opportunity and areas of focus. Register for the webinar.