Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo

Your trusted source for global offshore energy news, part of the Navingo network.

Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Home›Marine Energy›U.S. FY 2016 budget allocates 40.8 mln to MHK technologies
Marine Energy

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

Marine EnergyAuthorities & GovernmentBusiness & FinanceResearch & Development

Daily Offshore Energy News in Your Mailbox

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

Trending Now

  1. 1Petrobras locks in 20-year US supply from Sempra’s LNG project in Lone Star State
  2. 2Hanwha Ocean’s design solution allowing LNG carrier’s switch to ammonia gets ABS’ thumbs-up
  3. 3Exmar’s FLNG conversion earns Bureau Veritas’ seal of approval
  4. 4Denmark opens EU’s first full-scale CO2 storage site

Daily Offshore Energy News in Your Mailbox

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

Subscribe free