Navigating Sustainable Fishing Energy Initiatives in Rhode Island
GrantID: 10015
Grant Funding Amount Low: Open
Deadline: Ongoing
Grant Amount High: Open
Summary
Grant Overview
Sustainable Fishing Energy Solutions in Rhode Island
Navigating Energy Challenges in Rhode Island's Fishing Industry
In Rhode Island, the fishing industry is an integral part of the state’s economy, contributing approximately $200 million annually. However, fishermen and related businesses face escalating energy costs that threaten their operational viability. A recent statewide study revealed that energy expenditures in the fishing sector have risen by nearly 30% over the past five years, highlighting an urgent need for solutions that can alleviate these pressures while promoting sustainability within the industry.
Who Stands to Benefit from Funding?
Rhode Island’s fishing community, including small-scale operators, cooperatives, and processing facilities, will be the primary beneficiaries of this grant initiative. These stakeholders currently struggle with outdated energy systems that do not align with contemporary efficiency standards. Approximately 60% of fishermen in Rhode Island operate with vessels more than 15 years old, which contributes to higher fuel consumption and repair costs.
Eligible applicants for the funding will need to demonstrate a commitment to reducing their carbon footprint and improving energy efficiency. Priority will be given to projects that not only promise operational cost savings but also positively impact environmental stewardship practices within the sector.
Application Expectations and Processes
To apply for funding, entities must provide comprehensive proposals detailing their current energy usage, proposed improvements, and anticipated outcomes. Collaboration with energy experts and environmental consultants will be encouraged to enhance proposal quality. Rhode Island’s fishing businesses may face some challenges navigating this process, so support resources will be available to assist applicants in crafting effective grant submissions.
Aligning with State Sustainability Goals
By investing in sustainable energy solutions, Rhode Island can support its fishing industry while advancing broader environmental objectives. This funding initiative serves as a crucial link between local economic vitality and sustainable practices, promoting resilience in a sector central to Rhode Island’s identity.
The Sustainable Fishing Energy Solutions program will inherently drive the fishing sector towards energy independence, ensuring its capacity to thrive amidst evolving market and environmental challenges.
Eligible Regions
Interests
Eligible Requirements
