DW
U.S. Department of Energy (DOE) Water Power Technologies Office, with the U.S. Bureau of Reclamation

Power At Sea Prize

Pays teams up to $1.5 million combined to build early-stage marine energy systems that supply reliable power at sea.

WPTO has called the CONCEPT Phase one of its most competitive challenges to date, and the prize's own team listings show a gap between the two phases: 20 teams are named as CONCEPT Phase winners, but only 11 of those went on to be named DEVELOP Phase winners, short of the up to 20 the phase could have paid. Across both phases the platform lists roughly 87 teams and about 1,100 individual innovator

The prize wants teams developing a new system, subsystem or component that generates reliable, cost-effective power at sea for blue-economy uses -- ocean resource monitoring, storm tracking, or marine aquaculture support. It's aimed at ideas that haven't yet had a chance to develop, taking them from original concept to a testable stage.

CycleiHow often this grant runs - e.g. annually, on a rolling basis, or a one-off call.No fixed schedule
Next deadlineiThe next date applications are due. Rolling means you can apply any time.-
Decision timeiTypical time from the deadline to the funder's decision.-
Project durationiHow long the funded work is expected to run.-
Award typeiThe form of funding - grant, equity, loan, tax credit, etc.Prize
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.-
Funding pooliThe total budget available across all awards in this round.$1.7M

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