Congress approves $50 million for water power research and development

Federal lawmakers are being praised for allocating $50 million to the development and deployment of marine and hydrokinetic energy technologies.

The allocation by Congress is $10 million higher than the previous year, according to the Ocean Renewable Energy Coalition (OREC).

“The increased funding from last year indicates a national interest to develop more efficient and cleaner energy options for generations to come,” said OREC President Sean O’Neill.

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