Wave Power Fails To Live Up To Promise

the_newsbeagle writes: One of the leading companies developing wave power devices, Ocean Power Technologies, has dramatically scaled down its ambitions. The company had planned to install the world's first commercial-scale wave farms off the coast of Australia and Oregon, but has now announced that it's ending those projects. Instead it will focus on developing next-gen devices. Apparently the economics of wave power just don't make sense yet.

Comments

Re:When doing anything involving the ocean

[NatasRevol]

Somebody should probably go check out those garbage islands in the pacific and see what survives best.