Wave energy is showing promising signs as a new form of renewable power

Harnessing the energy of ocean waves to generate renewable power has been on the agenda of scientists in the energy community for some years already. But while a few teams of researchers have developed devices that could do the job, progress to bring such technology to a commercial scale has been rather slow.

That may soon change thanks to a couple of companies that are once more trying to make the new source of clean energy a commercial reality. As reported by Futurism, one company, called Ocean Wave Technology, has been successfully operating a massive wave-powered generator since early 2019, showing great promise for the fledgling industry.

Innovators have already tried to make wave energy a reality in the past, but their projects either fell apart or ran out of money in the end. But as the industry is slowly coming to the realization that there is a really good market opportunity around this renewable form of energy, more companies are starting to test their technologies.

Finish company AW-Energy, for example, is prepping to trial its wave energy device, called WaveRoller, as soon as next year. Other companies are also planning to follow suit, including Sweden’s CorPower Ocean, which hopes to have wave energy technology up and running by 2024 — an encouraging sign for the future of renewable energy.

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Wave energy is showing promising signs as a new form of renewable power

Harnessing the energy of ocean waves to generate renewable power has been on the agenda of scientists in the energy community for some years already. But while a few teams of researchers have developed devices that could do the job, progress to bring such technology to a commercial scale has been rather slow.

That may soon change thanks to a couple of companies that are once more trying to make the new source of clean energy a commercial reality. As reported by Futurism, one company, called Ocean Wave Technology, has been successfully operating a massive wave-powered generator since early 2019, showing great promise for the fledgling industry.

Innovators have already tried to make wave energy a reality in the past, but their projects either fell apart or ran out of money in the end. But as the industry is slowly coming to the realization that there is a really good market opportunity around this renewable form of energy, more companies are starting to test their technologies.

Finish company AW-Energy, for example, is prepping to trial its wave energy device, called WaveRoller, as soon as next year. Other companies are also planning to follow suit, including Sweden’s CorPower Ocean, which hopes to have wave energy technology up and running by 2024 — an encouraging sign for the future of renewable energy.

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