The U.S. Department of Energy (DOE) announced today the nine teams chosen as finalists in the Wave Energy Prize, which hail from California, Maine, North Carolina, Oregon, Rhode Island, and Washington. The Prize is a 20-month design-build-test competition that aims to double the energy captured from ocean waves. Increasing the energy harnessed by wave energy converter devices will reduce costs and make this renewable energy source more competitive with traditional energy solutions.