Blue Ocean Energy Innovation Act of 2024

[AI summary unavailable — showing source text] Blue Ocean Energy Innovation Act of 2024 This bill provides for the research and development of blue energy technologies , which are technologies that (1) derive or generate energy from renewable energy resources or capture, remove, and sequester greenhouse gases; and (2) are located in aquatic environments. Specifically, the Department of Energy (DOE) must establish and implement the Integrated Blue Economy and Blue Energy Technologies Program to provide funding for research and development of such technologies for purposes such as increasing blue energy technology generation capacity while reducing the cost to produce such energy; improving performance of blue energy technologies; capturing, removing, and sequestering greenhouse gases; developing new blue energy technology market opportunities; promoting job creation in the blue energy technology sectors; remediating and improving coastal and aquatic ecosystems; and addressing technical and development challenges that are unique to operating in marine and freshwater environments.  DOE must establish a Blue Economy Center of Excellence to support the program. The center must be located at an existing DOE N…