Offshore Energy
  • news
  • test
JobsNewsletter
Offshore Energy logo
Topics
  • News
  • Contracts & Tenders
  • Authorities & Government
  • Automation
  • Business & Finance
Network
  • Dredging Today
  • NavalToday
  • Offshore Energy
  • Offshore Wind
  • Maritieme Vacaturebank
Company
  • Advertising
  • Newsletter
  • Jobs

© 2026 Navingo. All rights reserved.

Home›Authorities & Government›U.S. FY 2016 budget allocates 40.8 mln to MHK technologies
Authorities & Government

February 3, 2015 · about 11 years ago

U.S. FY 2016 budget allocates 40.8 mln to MHK technologies

The budget request for FY 2016 designated to MHK technologies subprogram is USD 40.8 mln, a decrease of USD 300.000 from 2015. The objective of MHK (Marine and Hydrokinetic technologies) subprogram, a part of the Water Power Program, is to compress technology development timelines of MHK devices wit

1 minutes read
  • LinkedIn
  • X
  • Email

The budget request for FY 2016 designated to MHK technologies subprogram is USD 40.8 mln, a decrease of USD 300.000 from 2015.

The objective of MHK (Marine and Hydrokinetic technologies) subprogram, a part of the Water Power Program, is to compress technology development timelines of MHK devices with the goal of reducing the levelized cost of electricity (LCOE) for these devices.

The funding would be spent to complete detailed front end engineering and design of a multi-berth, full-scale grid-connected open water wave test facility. The results of this completed engineering and design phase will be used to determine the future funding for the facility construction.

The Government would award two competitive MHK subprogram demonstrations with advanced component systems integration in collaboration with the U.S. Navy’s Wave Energy Test Site in Hawaii.

The funding would enable the continuation of structured innovation R&D to define the requirements for wave energy devices to become cost-competitive and continue a competition began in FY 2015 to develop and test next-generation wave devices with improved performance.

If approved, the budget for MHK technologies would also be used to validate two-fold improvement of absorbed power of wave energy capture devices in the laboratory with controls technology, validate open source advanced design tools for extreme conditions modeling, and coordinate with relevant Federal agencies to continue environmental research.

[mappress mapid=”169″]

Image: Columbia Power Technologies

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Authorities & GovernmentBusiness & FinanceResearch & Development

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1ADES jack-up rig pair lines up drilling jobs in Nigerian and UK waters
  2. 2Odfjell Drilling’s rig remaining with Norwegian oil & gas operator for another year
  3. 3Karoon boosts Brazilian field’s oil output with all wells now online
  4. 4TotalEnergies offloading Mexican shallow water block to Grupo Carso

Related articles

FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business & Finance

Karoon boosts Brazilian field’s oil output with all wells now online

18 days ago

Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies offloading Mexican shallow water block to Grupo Carso

18 days ago

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free

Related news

FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business & Finance

Karoon boosts Brazilian field’s oil output with all wells now online

18 days ago
Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies offloading Mexican shallow water block to Grupo Carso

18 days ago