Sitkana secures DOE grant to revolutionize tidal energy harvesting using defunct fishing vessels

This visionary project aims to utilize the untapped potential of idle fishing vessels during Alaskan winters to meet the region’s growing energy needs. By retrofitting these vessels with Sitkana’s state-of-the-art hydroelectric equipment, they can be converted into floating power generators. This not only provides much-needed power during periods of peak demand, but also offers a lucrative additional revenue stream for vessel owners.

“We are honored to receive this support from the Department of Energy,” said Lance McMullan, CEO of Sitkana. “This grant allows us to leverage existing marine resources to create a sustainable and economically beneficial energy solution. It’s a win-win for the environment and the local communities.”

Key information about the project:

• Energy and income generation: Using idle fishing vessels during the off-season to produce hydropower, meeting peak energy demands and providing additional income for vessel owners.
• Open Source Software Tool: The project will develop a free, open source software tool that will enable communities to assess marine energy potential using Sitkana technology.
• Impact on the local community: providing coastal communities with the tools and knowledge to efficiently use marine energy resources, supporting economic growth and energy independence.

This initiative underscores Sitkana’s commitment to innovative solutions that promote renewable energy and support local economies. The development of an open-source software tool will democratize access to marine energy assessments, ensuring communities can effectively explore and utilize their energy resources