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The ocean is a source of infinite energy which can be harvested to address a significant portion of the global energy shortage challenge. Few nations such as the UK, Norway, Sweden, and Israel have progressed considerably in leveraging ocean energy.
The ocean has huge potential to produce renewable energy – and there’s now a way to overcome some of the problems traditionally associated with wave power.
Two entrepreneurs have developed a simple technology that can generate renewable energy from ocean waves at a price that is competitive with solar power – attracting interest from cities all over the world.
With NSW and Australian families facing record electricity bills, NSW State Labor MP Walt Secord visited the pilot site for an Israeli power company using ocean wave technology to create electricity in southern Europe.
Everyone knows that fossil fuels are an unsustainable source of energy, dirtied by pollution and politics. But global attempts to find alternatives on a mass scale have had limited success.
Wave power works when other renewables don't, but energy companies have failed to harness this constant source of energy. Now all that is about to change.