The Water Power Technologies Office (WPTO) published a notice of intent to issue a $14.5 million funding opportunity to support marine energy research at U.S. institutions of higher education, including minority-serving institutions. Foundational research is critical to advancing novel and new technologies like marine energy and floating offshore wind. WPTO expects to release this funding opportunity in fall 2023 in partnership with WETO—the two offices are collaborating on a topic over assessing and advancing potential synergies between floating offshore wind and/or marine energy and aquaculture development.

Editor's note 11/1/2023: WPTO expects to release the Marine Energy University Foundational R&D funding opportunity in early CY2024, not late CY2023 as WPTO anticipated in the original notice of intent.