80_FR_13414 80 FR 13365 - Wave Energy Prize

80 FR 13365 - Wave Energy Prize

DEPARTMENT OF ENERGY
Office of Energy Efficiency and Renewable Energy

Federal Register Volume 80, Issue 49 (March 13, 2015)

Page Range13365-13365
FR Document2015-05770

The U.S. Department of Energy (DOE) gives notice of the availability of the draft Wave Energy Prize competition Rules and Terms and Conditions and requests public comment on the Rules and Terms and Conditions. The prize is designed to achieve game-changing performance enhancements to wave energy conversion (WEC) devices, establishing a pathway to sweeping cost reductions on a commercial scale. The prize consists of three phases--design, build, and test and evaluation. Prize purses to the winner(s): Grand Prize ($1,500,000), 2nd Place Finisher ($500,000), and 3rd Place Finisher ($250,000).

Federal Register, Volume 80 Issue 49 (Friday, March 13, 2015)
[Federal Register Volume 80, Number 49 (Friday, March 13, 2015)]
[Notices]
[Page 13365]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-05770]



[[Page 13365]]

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DEPARTMENT OF ENERGY

Office of Energy Efficiency and Renewable Energy


 Wave Energy Prize

AGENCY: Wind and Water Power Technologies Office, Office of Energy 
Efficiency and Renewable Energy, Department of Energy.

ACTION: Notice of release of draft competition rules for public 
comment.

-----------------------------------------------------------------------

SUMMARY: The U.S. Department of Energy (DOE) gives notice of the 
availability of the draft Wave Energy Prize competition Rules and Terms 
and Conditions and requests public comment on the Rules and Terms and 
Conditions. The prize is designed to achieve game-changing performance 
enhancements to wave energy conversion (WEC) devices, establishing a 
pathway to sweeping cost reductions on a commercial scale. The prize 
consists of three phases--design, build, and test and evaluation. Prize 
purses to the winner(s): Grand Prize ($1,500,000), 2nd Place Finisher 
($500,000), and 3rd Place Finisher ($250,000).

DATES: DOE intends to launch the Wave Energy Prize in April 2015. DOE 
is currently accepting public comments on the draft Prize Rules and 
Terms and Conditions through March 20, 2015.

ADDRESSES: Interested persons can find the draft Prize Rules and Terms 
and Conditions at waveenergyprize.org under the ``About'' tab. To 
provide feedback, please submit questions and comments to: 
waveenergyprize.org">info@waveenergyprize.org.

SUPPLEMENTARY INFORMATION: The America COMPETES Reauthorization Act of 
2010 (America COMPETES), Public Law 111-358, enacted January 4, 2011, 
authorizes Federal agencies to issue competitions to stimulate 
innovations in technology, education, and science. The Wave Energy 
Prize leverages the America COMPETES Act to provide incentives to 
design, build, and test innovative WEC devices using novel WEC 
concepts.
    DOE intends to launch the Wave Energy Prize, a public prize 
challenge sponsored by DOE's Water Power Program, in April 2015 and is 
currently accepting public comments on the draft Rules and Terms and 
Conditions. The prize is designed to increase the diversity of 
organizations involved in WEC technology development, while motivating 
and inspiring existing stakeholders. DOE envisions this competition 
will achieve game-changing performance enhancements to WEC devices, 
establishing a pathway to sweeping cost reductions on a commercial 
scale.
    The wave energy industry is young and is experiencing many new 
innovations as evidenced by a sustained growth in patent activity. 
While the private industry is developing these early-concept WEC 
devices through design and benchtop prototype testing, funding is hard 
to secure for performance testing and evaluation of WEC devices in wave 
tanks at a meaningful scale. This is a problem for the industry since 
scaled WEC prototype tank testing, validation, and evaluation are key 
steps in the advancement of WEC technologies through the technical 
readiness levels to reach commercialization.
    Goal of the Wave Energy Prize: The Wave Energy Prize will encourage 
the development of more efficient WEC devices that double the energy 
captured from ocean waves, which in turn will reduce the cost of wave 
energy, making it more competitive with traditional energy solutions.
    Economic impact of the Wave Energy Prize: A successful Wave Energy 
Prize could jump-start private sector innovation critical to the 
country's long-term economic growth, energy security, and international 
competitiveness in the wave energy conversion sector.
    Why participate in the Wave Energy Prize? The Wave Energy Prize 
seeks 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 device prototypes at the U.S. Navy's 
Maneuvering and Seakeeping Basin (MASK) facility in Carderock, MD.
    Eligibility: U.S. entities are able to participate in the Wave 
Energy Prize. This includes U.S. persons and companies as well as 
foreign companies that are incorporated in and maintain a primary place 
of business in the United States. Full eligibility requirements for the 
Wave Energy Prize are set in accordance with those established by 
America COMPETES, and are fully outlined in the draft Wave Energy Prize 
Rules document available at: waveenergyprize.org. DOE is accepting 
public comments on these draft Rules and the draft Terms and Conditions 
through March 20, 2015. See waveenergyprize.org for more information.

    Issued in Washington, DC, on March 10, 2015.
Jose Zayas,
Wind and Water Power Technologies Office Director, Office of Energy 
Efficiency and Renewable Energy.
[FR Doc. 2015-05770 Filed 3-12-15; 8:45 am]
BILLING CODE 6450-01-P



                                                                                  Federal Register / Vol. 80, No. 49 / Friday, March 13, 2015 / Notices                                                 13365

                                                  DEPARTMENT OF ENERGY                     sweeping cost reductions on a                                          Issued in Washington, DC, on March 10,
                                                                                           commercial scale.                                                    2015.
                                                  Office of Energy Efficiency and                                                                               Jose Zayas,
                                                                                              The wave energy industry is young
                                                  Renewable Energy                                                                                              Wind and Water Power Technologies Office
                                                                                           and is experiencing many new
                                                                                                                                                                Director, Office of Energy Efficiency and
                                                  Wave Energy Prize                        innovations as evidenced by a sustained                              Renewable Energy.
                                                                                           growth in patent activity. While the                                 [FR Doc. 2015–05770 Filed 3–12–15; 8:45 am]
                                                  AGENCY: Wind and Water Power             private industry is developing these
                                                                                                                                                                BILLING CODE 6450–01–P
                                                  Technologies Office, Office of Energy    early-concept WEC devices through
                                                  Efficiency and Renewable Energy,         design and benchtop prototype testing,
                                                  Department of Energy.                    funding is hard to secure for                                        DEPARTMENT OF ENERGY
                                                  ACTION: Notice of release of draft       performance testing and evaluation of
                                                  competition rules for public comment.    WEC devices in wave tanks at a                                       Federal Energy Regulatory
                                                                                           meaningful scale. This is a problem for                              Commission
                                                  SUMMARY: The U.S. Department of
                                                                                           the industry since scaled WEC
                                                  Energy (DOE) gives notice of the         prototype tank testing, validation, and                              [Docket Nos. CP15–90–000]
                                                  availability of the draft Wave Energy
                                                                                           evaluation are key steps in the
                                                  Prize competition Rules and Terms and                                                                         Texas Eastern Transmission, LP;
                                                                                           advancement of WEC technologies
                                                  Conditions and requests public                                                                                Notice of Application
                                                  comment on the Rules and Terms and       through the technical readiness levels to
                                                  Conditions. The prize is designed to     reach commercialization.                                             March 4, 2015.
                                                  achieve game-changing performance           Goal of the Wave Energy Prize: The                                   Take notice that on February 19, 2015,
                                                  enhancements to wave energy              Wave Energy Prize will encourage the                                 Texas Eastern Transmission, LP (Texas
                                                  conversion (WEC) devices, establishing   development of more efficient WEC                                    Eastern), 5400 Westheimer Court,
                                                  a pathway to sweeping cost reductions    devices that double the energy captured                              Houston, Texas 77056, filed in the
                                                  on a commercial scale. The prize         from ocean waves, which in turn will                                 above referenced docket an application
                                                  consists of three phases—design, build,  reduce the cost of wave energy, making                               pursuant to section 7(c) of the Natural
                                                  and test and evaluation. Prize purses to it more competitive with traditional                                 Gas Act (NGA), and Part 157 of the
                                                  the winner(s): Grand Prize ($1,500,000), energy solutions.                                                    Commission’s regulations requesting
                                                  2nd Place Finisher ($500,000), and 3rd                                                                        authorization to construct and operate
                                                                                              Economic impact of the Wave Energy                                the Gulf Markets Expansion Project
                                                  Place Finisher ($250,000).
                                                                                           Prize: A successful Wave Energy Prize                                (Project). Specifically, the Project will
                                                  DATES: DOE intends to launch the Wave    could jump-start private sector                                      enable Texas Eastern to provide 650
                                                  Energy Prize in April 2015. DOE is       innovation critical to the country’s long-                           MMcf/d of firm transportation service to
                                                  currently accepting public comments on term economic growth, energy security,
                                                                                                                                                                the Gulf Coast region of Louisiana and
                                                  the draft Prize Rules and Terms and
                                                                                           and international competitiveness in the                             Texas, as well as to provide mainline
                                                  Conditions through March 20, 2015.
                                                                                           wave energy conversion sector.                                       markets with the opportunity to access
                                                  ADDRESSES: Interested persons can find                                                                        growing supply basins in the Northeast,
                                                  the draft Prize Rules and Terms and         Why participate in the Wave Energy
                                                                                           Prize?  The Wave Energy Prize seeks to                               all as more fully set forth in the
                                                  Conditions at waveenergyprize.org                                                                             application which is on file with the
                                                  under the ‘‘About’’ tab. To provide      attract innovative ideas from developers
                                                                                           new to the industry and next-generation                              Commission and open to public
                                                  feedback, please submit questions and                                                                         inspection. The filing is available for
                                                  comments to: info@waveenergyprize.org. ideas from existing developers by                                      review at the Commission in the Public
                                                                                           offering a monetary prize purse and
                                                  SUPPLEMENTARY INFORMATION: The                                                                                Reference Room or may be viewed on
                                                  America COMPETES Reauthorization         providing an opportunity for tank
                                                                                                                                                                the Commission’s Web site web at
                                                  Act of 2010 (America COMPETES),          testing and evaluation of scaled WEC                                 http://www.ferc.gov using the
                                                  Public Law 111–358, enacted January 4, device prototypes at the U.S. Navy’s                                   ‘‘eLibrary’’ link. Enter the docket
                                                  2011, authorizes Federal agencies to     Maneuvering and Seakeeping Basin                                     number excluding the last three digits in
                                                  issue competitions to stimulate          (MASK) facility in Carderock, MD.                                    the docket number field to access the
                                                  innovations in technology, education,       Eligibility: U.S. entities are able to                            document. For assistance, contact FERC
                                                  and science. The Wave Energy Prize       participate in the Wave Energy Prize.                                at FERCOnlineSupport@ferc.gov or call
                                                  leverages the America COMPETES Act       This includes U.S. persons and                                       toll-free, (886) 208–3676 or TYY, (202)
                                                  to provide incentives to design, build,  companies as well as foreign companies                               502–8659.
                                                  and test innovative WEC devices using    that are incorporated in and maintain a                                 Any questions concerning this
                                                  novel WEC concepts.                      primary place of business in the United                              application may be directed to Bill
                                                     DOE intends to launch the Wave        States. Full eligibility requirements for                            Hammons, P.O. Box 1396, Houston,
                                                  Energy Prize, a public prize challenge   the Wave Energy Prize are set in                                     Texas 77251, by telephone at (713) 215–
                                                  sponsored by DOE’s Water Power           accordance with those established by                                 2130.
                                                  Program, in April 2015 and is currently  America COMPETES, and are fully                                         The Project consists of the
                                                  accepting public comments on the draft outlined in the draft Wave Energy Prize                                construction of one new compressor
                                                  Rules and Terms and Conditions. The      Rules document available at:                                         station at Provident City in Lavaca
mstockstill on DSK4VPTVN1PROD with NOTICES




                                                  prize is designed to increase the                                                                             County, Texas; the installation of a new
                                                                                           waveenergyprize.org. DOE is accepting
                                                  diversity of organizations involved in                                                                        compressor unit at an existing
                                                                                           public comments on these draft Rules
                                                  WEC technology development, while                                                                             compression station in Opelousas,
                                                  motivating and inspiring existing        and the draft Terms and Conditions                                   Louisiana; and other facilities
                                                  stakeholders. DOE envisions this         through March 20, 2015. See                                          modifications. Texas Eastern proposes
                                                  competition will achieve game-changing waveenergyprize.org for more                                           rolled-in rate treatment for the Project,
                                                  performance enhancements to WEC          information.                                                         and to charge its existing recourse rates
                                                  devices, establishing a pathway to                                                                            for service on the Project. The cost of


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Document Created: 2015-12-18 11:42:20
Document Modified: 2015-12-18 11:42:20
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice of release of draft competition rules for public comment.
DatesDOE intends to launch the Wave Energy Prize in April 2015. DOE is currently accepting public comments on the draft Prize Rules and Terms and Conditions through March 20, 2015.
FR Citation80 FR 13365 

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