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›US Wave Energy Prize advances 20 teams to next stage
Authorities & Government

August 17, 2015 · about 11 years ago

US Wave Energy Prize advances 20 teams to next stage

US Department of Energy (DoE) has selected 20 teams as official qualified teams for the Wave Energy Prize. The 20 qualified teams, selected out of 92 official registered teams, have passed the first technology gate and will continue their quest to double the energy captured from ocean waves and win

2 minutes read
  • LinkedIn
  • X
  • Email

US Department of Energy (DoE) has selected 20 teams as official qualified teams for the Wave Energy Prize.

The 20 qualified teams, selected out of 92 official registered teams , have passed the first technology gate and will continue their quest to double the energy captured from ocean waves and win a prize purse totaling more than $2 million, Wave Energy Prize’s press release reads.

The design-build-test competition is encouraging the development of game-changing wave energy conversion (WEC) devices.

The aim is the development of a device that will achieve the DOE’s goal of doubling energy captured, which will in turn reduce the cost of wave energy, making it more competitive with traditional energy solutions.

A panel of expert judges identified the qualified teams based upon the quality of their technical submissions, which described their concepts in detail. Among other requirements, qualified teams will now build a 1:50 scale model and will participate in small-scale tank testing as a means of validating their concepts, according to Wave Energy Prize.

Official qualified teams are:

Phil Michael , Technical Expert at Ricardo, said: “We’re excited to see how these 20 devices perform during the small-scale testing, and we’re hopeful many will demonstrate a capability to achieve the DOE’s goal of doubling the cost effectiveness of energy capture from ocean waves.”

Finalist teams, which are scheduled to be announced in March 2016, will be selected based upon the requirements of Prize’s second technology gate.

These teams will have the opportunity to receive funds to build their 1:20 scale WEC prototypes, which are scheduled to undergo tank testing at the Naval Surface Warfare Center’s Maneuvering and Seakeeping (MASK) Basin at Carderock, Maryland, beginning in the summer of 2016.

[mappress mapid=”603″]

Image: Wave Energy Prize

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 & DevelopmentTechnology

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

Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies offloading Mexican shallow water block to Grupo Carso

20 days ago

Home of Energy Transition

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

Subscribe free

Related news

Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies offloading Mexican shallow water block to Grupo Carso

20 days ago