An 18-month design-build-test competition, the Wave Energy Prize focuses on catalyzing the development of game-changing wave energy converters that will ultimately reduce the cost of wave energy.
We are getting into the homestretch for the teams competing in the U.S. DOE Wave Energy Prize.
The Wave Energy Prize is a 20-month design-build-test competition that aims to double the energy captured from ocean waves.
Twenty teams have successfully navigated the first technology gate of the U.S. Department of Energy’s (DOE) Wave Energy Prize to become official qualified teams.
It is estimated that the technically recoverable wave energy resource in the U.S. is approximately 1,170 terawatt hours (TWh) per year,
The Wave Energy Prize will encourage the development of more efficient WEC devices that double the energy captured from ocean waves