DOE Launches the Powering the Blue Economy: Power at Sea Prize

(Washington, D.C.) – The U.S. Department of Energy (DOE) launched the Powering the Blue Economy: Power at Sea Prize, which will award up to $1.7 million to competitors to advance technologies that use marine energy to power ocean-based activities.

Next-generation maritime or “blue” technologies are moving farther offshore to capture data across the ocean. Applications may include ocean-observing devices, aquaculture installations, and much more, and all require access to consistent, locally available power. This prize challenges competitors to meet this need by identifying new, innovative, and feasible marine energy concepts that harness the power of the ocean.