Nonetheless, Kolar says that the industry has seen a surge of interest in the last year, particularly from developers who have the capital and experience to deploy full-scale wave energy projects, and from government officials in island countries who see in wave power a clear path to energy independence.
FORBES: Wave Energy: The Latest Battleground in the Conservation vs. Innovation Debate
It says wave energy in the Western Isles has the potential to generate as much power as dozens of nuclear power stations.
The company successfully completed a grid connection of a wave energy device in the US a year ago.
The data collected will be shared widely and, with any luck, inform the creation of noise standards in the wave energy industry.
FORBES: Wave Energy: The Latest Battleground in the Conservation vs. Innovation Debate
And when companies finally began deploying their first wave energy generators in Europe, punishing ocean conditions took their toll as some devices broke down or failed to perform as expected.
The Wave Glider SV3 incorporates the latest advancements in energy harvesting technology providing the ability to utilize both wave and solar energy for forward propulsion.
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Hebridean Marine Energy Futures, a project involving the college in partnership with universities and energy companies, has been recording wave heights off the west coast of Lewis for more than two years.
To that end, IBM announced this morning a new project in partnership with the Sustainable Energy Authority Ireland (SEAI) to test the impact of noise associated with wave energy installations on marine ecosystems at two sites in Ireland.
FORBES: Wave Energy: The Latest Battleground in the Conservation vs. Innovation Debate
But the earth itself radiating energy outwards in the form of long-wave heat rays.
In mid-July, the department's Mineral Management Services, which controls the mineral rights on federal lands, asserted its jurisdiction over renewable energy projects--wind, wave, solar and tidal energy--on federal waters in the Outer Continental Shelf.
Luca also happens to be riding a wave of investment in alternative energy technologies.
Before the financial crash, the great green tech boom unleashed a rush of startups and speculators staking claims on federal waters to build massive wave farms, while in Europe governments, including Portugal and Scotland, placed big bets on wave energy.
Ambitious plans for offshore renewable energy projects are crowding the waters--floating wind farms, tidal-power turbines and wave-energy barges--all expected in the next decade.
Steve Ballmer, pacing the stage at the CERAweek energy conference in Houston Wednesday night, touted cloud computing as the wave of the future.
We are looking for affirmative solutions that will strengthen our nation by freeing us from our dependence on foreign oil, and spurring a wave of entrepreneurial growth in the form of alternate energy programs.
Subsidies for renewable energy will be rejigged in the hope of encouraging technologies, such as solar or wave power, that are not yet competitive.
Fed Chairman Ben Bernanke has come under increasing pressure to address inflationary concerns, as food and energy costs have gone up steadily in the U.S. (Read Firms Wave Red Flag Of Inflation).
FORBES: Global Food Price Stable In April Despite Supply Fears
Mr Osborne wants a new wave of gas-fired power stations and reductions in subsidies to renewable energy sources.
This new research, then, will serve multiple functions: Using specialized sensors, processors, and algorithms, the project team will measure noise in real time, tracking both the noise generated by various pieces of wave energy equipment and general background noise.
FORBES: Wave Energy: The Latest Battleground in the Conservation vs. Innovation Debate
Now companies pursuing wave and tidal energy, both of which require the installment of buoys and turbines in the ocean, are working to head off any concerns about the impact of such equipment on marine ecosystems.
FORBES: Wave Energy: The Latest Battleground in the Conservation vs. Innovation Debate
Off the coast of Oregon, Ocean Power Technologies has received approval to begin work on the first commercial wave farm in the US. The project is expected to produce enough clean energy to power more than 1, 000 homes.
During this second wave, there will be a manufacturing resurgence, in part because of lower expected energy costs.
Some surfers are worried the wave devices could take energy from the waves and reduce wave heights by up to 10%, putting the surfing industry in Cornwall at risk.
BBC: NEWS | UK | England | Cornwall | New partner in wave power scheme
The chip, in turn, wirelessly powered a radio-wave device that was located a meter away and measured energy from the ear.
Marine energy parks in the north of Scotland and south west England are to work together to develop the UK's wave and tidal industry.
Its marine parks agreement will be formally signed at Renewable UK Wave and Tidal Conference in London and witnessed by UK climate change minister Greg Baker and Scottish energy minister Fergus Ewing.
The Wave Hub, an electric "socket" for testing wave energy machines off the north Cornwall coast, has been unused since it was installed on the seabed in 2010, but managers say the first device is expected to be connected this year.
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