This Cooperative Agreement, awarded by the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy (EERE) under the Renewable Energy Research and Development program (CFDA 81.087), will provide $800,000 to Florida Atlantic University (FAU) to conduct a preliminary feasibility study for a U.S. grid-connected ocean current test facility (OCTF). The project aims to evaluate current energy converters (CECs) in the open ocean offshore Palm Beach County, Florida, in order to advance reliable, low-cost, renewable energy alternatives to fossil fuel. The study will produce seven key deliverables, including technical specifications, regulatory and permitting plans, cost estimates, risk assessments, and economic development plans, to help the facility's developer, investors, future users, and other stakeholders understand the scope, costs, and risks of constructing and operating the proposed OCTF. The City of Lake Worth will serve as a sub-grantee, supporting the project's local coordination and engagement efforts.
Generated 3/4/25, 5:50 AM