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News Brief | June 2014

Wave power energy and the future

Solar power is spreading across rooftops worldwide. What does wave power technology look like? No commercial-scale wave power operations now exist, although a small-scale installation did operate off the coast of Portugal in 2008 and 2009. In February, US corporate giant Lockheed Martin announced a joint venture to create the world´s biggest wave energy project, a 62.5-megawatt installation slated for the coast of Australia that would produce enough power for 10,000 homes. In spite of the challenges inherent to the medium, the industry is progressing, albeit slowly.
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