Administration of the Wave Energy Converter Prize

The summary for the Administration of the Wave Energy Converter Prize grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Golden Field Office, which is the U.S. government agency offering this grant.

Administration of the Wave Energy Converter Prize: The Water Power Program is seeking a Prize Administrator with expertise in prize competitions to collaborate with DOE, technical experts, and a wave tank testing facility in developing and implementing the Wave Energy Converter (WEC) Prize. The WEC Prize competition aims to attract innovative ideas from developers new to the industry and next generation ideas from existing developers by offering a monetary prize purse and providing an opportunity for tank testing and evaluation of scaled WEC prototypes. The Program envisions that this competition will achieve game-changing performance enhancements to WEC devices, establishing a pathway to sweeping cost reductions at a commercial scale. Administration of the WEC Prize will include: prize development, implementation of the WEC Prize competition stages (e.g. design, build, and test and evaluation), and post-competition publicity and evaluation of impact of the WEC Prize. The full Funding Opportunity Announcement (FOA) is posted on the EERE eXCHANGE website at https://eere-exchange.energy.gov. Concept papers and applications must be submitted through the EERE eXCHANGE website to be considered for award. The applicant must first register and create an account on the EERE eXCHANGE website. A User Guide for EERE eXCHANGE can be found on the website https://eere-exchange.energy.gov/Manuals.aspx after logging into the system. Information on where to submit questions regarding the content of the announcement and where to submit questions regarding submission of applications is found in the full FOA posted on the EERE eXCHANGE website.