The Office of Energy Efficiency and Renewable Energy (EERE) intends to issue, on behalf of the Water Power Technologies Office (WPTO), a Funding Opportunity Announcement (FOA) entitled Oceans of Opportunity: U.S. Wave Energy Open Water Testing. This FOA supports WPTOs efforts to advance the commercial readiness of wave energy technologies through open water testing and system validation at multiple scales, serving the broader goals of the Biden administration to achieve carbon pollution-free electricity by 2035 and to deliver an equitable, clean energy future, and put the United States on a path to achieve net-zero emissions, economy-wide, by no later than 2050 to the benefit of all Americans. Topic Area 1 leverages wave energy technologies that provide power to distributed blue economy applications. Topic Area 2 aims to develop functional wave energy technologies for coastal and island stakeholders (may or may not be grid-connected). Topic Area 3 allows for maturing grid connected technologies that demonstrate reliable power generation direct to a utility. This notice of intent (NOI) is issued so that interested parties are aware of EEREs intention to issue this FOA in the near term. All of the information contained in this Notice is subject to change. EERE will not respond to questions concerning this NOI. Once the FOA has been released, EERE will provide an avenue for potential applicants to submit questions. Complete information, including the full Notice of Intent, can be found on the EERE Exchange website: https://eere-exchange.energy.gov/