This bill extends and expands federal funding for research into water power technologies, including hydropower, marine energy, and pumped storage systems. The legislation increases annual funding from approximately $187 million to $300 million per year for fiscal years 2026–2030, with $200 million dedicated to marine energy research and $100 million for hydropower research. The bill directs the Department of Energy to pursue new research priorities such as developing composite manufacturing for marine components, improving hydropower licensing processes, testing marine energy systems for arctic conditions, and supporting workforce development programs through partnerships with colleges, universities, and Tribal institutions. Additionally, it requires the Secretary of Energy to brief Congress at least every two years on research findings and progress toward strategic goals. The legislation affects energy researchers, universities, marine and hydropower industries, and coastal communities by expanding opportunities for innovation in renewable energy while addressing environmental impacts and creating training pathways for future workers in the water power sector.
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