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WASHINGTON, D.C.- Today, U.S. Undersecretary of Energy Mark Menezes announced up to $23 million for innovative technologies to reduce capital costs and shorten deployment timelines of marine energy devices.The Department of Energy’s (DOE’s) Office of Energy Efficiency and Renewable Energy (EERE) will fund research and evaluation of next-generation wave and tidal/current systems; support early-stage design of power take off (PTO) and controls integration; and allow for more efficient consideration of any potential environmental impacts from marine renewable energy development.