U.S. Department of Energy Extends Commitment to Collaboration in Water Power Research and Development

Strategic Insights -

The U.S. Department of Energy has reaffirmed its commitment to collaboration in water power research and development with Norway's Royal Ministry of Energy, signing an extended Memorandum of Understanding (MOU). This agreement aims to further reduce energy costs, strengthen grid reliability and security, and unleash American energy innovation. The MOU extends the previously established partnership between the two countries, enabling them to plan and coordinate activities in the field of water power research and development.

Key Takeaways:

  • The U.S. Department of Energy (DOE) has extended its commitment to collaboration in water power research and development with Norway's Royal Ministry of Energy through a new Memorandum of Understanding (MOU).
  • The partnership, established in 2020, brings together DOE's Water Power Technologies Office and the Norwegian Research Centre for Hydropower Technology to collaborate on hydropower research and development.
  • The extended MOU expands the scope of collaboration to include marine energy, with the potential to provide locally sourced energy to millions of Americans in densely populated regions.
  • The partnership will share foundational information, tools, and technologies that reduce barriers to the development, testing, and advancement of both marine energy and new hydropower technologies.
  • The agreement aims to further reduce energy costs, strengthen grid reliability and security, and unleash American energy innovation.
  • Energy Secretary Chris Wright stated that "strong partnerships drive innovation, and innovation strengthens America's energy future."
  • Principal Deputy Assistant Secretary for Energy Efficiency and Renewable Energy Lou Hrkman emphasized the potential of hydropower and marine energy to reduce energy costs and improve the resilience of the electric grid.

Statistics:

  • The partnership aims to provide locally sourced energy to millions of Americans in densely populated regions.
  • The extended MOU expands the scope of collaboration to include marine energy.
  • The agreement aims to further reduce energy costs.
  • The partnership will share foundational information, tools, and technologies that reduce barriers to the development, testing, and advancement of both marine energy and new hydropower technologies.
  • The agreement aims to strengthen grid reliability and security.
  • The partnership brings together DOE's Water Power Technologies Office and the Norwegian Research Centre for Hydropower Technology.

Sources:

  • [U.S. Department of Energy, News Release (date not specified)]