Wave Energy Prize, 13365 [2015-05770]

Download as PDF Federal Register / Vol. 80, No. 49 / Friday, March 13, 2015 / Notices sweeping cost reductions on a commercial scale. Office of Energy Efficiency and The wave energy industry is young Renewable Energy and is experiencing many new innovations as evidenced by a sustained Wave Energy Prize growth in patent activity. While the AGENCY: Wind and Water Power private industry is developing these 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 ACTION: Notice of release of draft performance testing and evaluation of competition rules for public comment. WEC devices in wave tanks at a meaningful scale. This is a problem for SUMMARY: The U.S. Department of the industry since scaled WEC Energy (DOE) gives notice of the prototype tank testing, validation, and availability of the draft Wave Energy evaluation are key steps in the Prize competition Rules and Terms and advancement of WEC technologies Conditions and requests public through the technical readiness levels to comment on the Rules and Terms and reach commercialization. Conditions. The prize is designed to Goal of the Wave Energy Prize: The achieve game-changing performance Wave Energy Prize will encourage the enhancements to wave energy development of more efficient WEC conversion (WEC) devices, establishing a pathway to sweeping cost reductions devices that double the energy captured on a commercial scale. The prize from ocean waves, which in turn will consists of three phases—design, build, reduce the cost of wave energy, making and test and evaluation. Prize purses to it more competitive with traditional the winner(s): Grand Prize ($1,500,000), energy solutions. 2nd Place Finisher ($500,000), and 3rd Economic impact of the Wave Energy Place Finisher ($250,000). Prize: A successful Wave Energy Prize DATES: DOE intends to launch the Wave could jump-start private sector Energy Prize in April 2015. DOE is innovation critical to the country’s longcurrently accepting public comments on term economic growth, energy security, the draft Prize Rules and Terms and and international competitiveness in the Conditions through March 20, 2015. wave energy conversion sector. ADDRESSES: Interested persons can find Why participate in the Wave Energy the draft Prize Rules and Terms and Prize? The Wave Energy Prize seeks to Conditions at waveenergyprize.org attract innovative ideas from developers under the ‘‘About’’ tab. To provide new to the industry and next-generation feedback, please submit questions and comments to: info@waveenergyprize.org. ideas from existing developers by offering a monetary prize purse and SUPPLEMENTARY INFORMATION: The providing an opportunity for tank America COMPETES Reauthorization testing and evaluation of scaled WEC Act of 2010 (America COMPETES), Public Law 111–358, enacted January 4, device prototypes at the U.S. Navy’s Maneuvering and Seakeeping Basin 2011, authorizes Federal agencies to (MASK) facility in Carderock, MD. issue competitions to stimulate innovations in technology, education, Eligibility: U.S. entities are able to and science. The Wave Energy Prize participate in the Wave Energy Prize. leverages the America COMPETES Act This includes U.S. persons and to provide incentives to design, build, companies as well as foreign companies and test innovative WEC devices using that are incorporated in and maintain a novel WEC concepts. primary place of business in the United DOE intends to launch the Wave States. Full eligibility requirements for Energy Prize, a public prize challenge the Wave Energy Prize are set in sponsored by DOE’s Water Power accordance with those established by Program, in April 2015 and is currently America COMPETES, and are fully accepting public comments on the draft outlined in the draft Wave Energy Prize Rules and Terms and Conditions. The Rules document available at: prize is designed to increase the waveenergyprize.org. DOE is accepting diversity of organizations involved in public comments on these draft Rules WEC technology development, while and the draft Terms and Conditions motivating and inspiring existing through March 20, 2015. See stakeholders. DOE envisions this competition will achieve game-changing waveenergyprize.org for more information. performance enhancements to WEC devices, establishing a pathway to mstockstill on DSK4VPTVN1PROD with NOTICES DEPARTMENT OF ENERGY VerDate Sep<11>2014 19:27 Mar 12, 2015 Jkt 235001 PO 00000 Frm 00044 Fmt 4703 Sfmt 4703 13365 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 DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket Nos. CP15–90–000] Texas Eastern Transmission, LP; Notice of Application March 4, 2015. Take notice that on February 19, 2015, Texas Eastern Transmission, LP (Texas Eastern), 5400 Westheimer Court, Houston, Texas 77056, filed in the above referenced docket an application pursuant to section 7(c) of the Natural Gas Act (NGA), and Part 157 of the Commission’s regulations requesting authorization to construct and operate the Gulf Markets Expansion Project (Project). Specifically, the Project will enable Texas Eastern to provide 650 MMcf/d of firm transportation service to the Gulf Coast region of Louisiana and Texas, as well as to provide mainline markets with the opportunity to access growing supply basins in the Northeast, all as more fully set forth in the application which is on file with the Commission and open to public inspection. The filing is available for review at the Commission in the Public Reference Room or may be viewed on the Commission’s Web site web at https://www.ferc.gov using the ‘‘eLibrary’’ link. Enter the docket number excluding the last three digits in the docket number field to access the document. For assistance, contact FERC at FERCOnlineSupport@ferc.gov or call toll-free, (886) 208–3676 or TYY, (202) 502–8659. Any questions concerning this application may be directed to Bill Hammons, P.O. Box 1396, Houston, Texas 77251, by telephone at (713) 215– 2130. The Project consists of the construction of one new compressor station at Provident City in Lavaca County, Texas; the installation of a new compressor unit at an existing compression station in Opelousas, Louisiana; and other facilities modifications. Texas Eastern proposes rolled-in rate treatment for the Project, and to charge its existing recourse rates for service on the Project. The cost of E:\FR\FM\13MRN1.SGM 13MRN1

Agencies

[Federal Register Volume 80, Number 49 (Friday, March 13, 2015)]
[Notices]
[Page 13365]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[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
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