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Learning From The Past: Three Generations Of Wave Energy Development
Wednesday, September 23, 2020 - 7:35am | 1583When observing wave energy’s past, it could reasonably be argued that there have been three generations of modern development in this sector. From the 1970s to the present day, there have been many ups and downs in our efforts to make wave energy commercially successful. Wave energy...
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Investing In Wave Energy: Oscilla Power Announces Crowdfunding Campaign
Monday, July 27, 2020 - 9:50am | 976Engineers and scientists have been working on harnessing the power of ocean waves for hundreds of years. Yet, no commercial wave energy projects greater than 50 MW have been deployed worldwide yet. Much of the challenge stems from the constantly changing energy fluctuations of the ocean’s...
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Waves Are Surging To The Forefront Of Sustainable Energy
Tuesday, July 14, 2020 - 7:58am | 1075In 2019, wind and solar energy contributed over 10% of U.S. power and has shown a strong average annual growth of 11.6% YOY. However, if the 2030 renewable portfolio standards are to be met, substantial additional clean energy generation is needed. While solar and wind energy can provide many...
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The Economic Tide Of This Renewable Resource Is Rising
Tuesday, July 7, 2020 - 7:55am | 960In the early 1970s, various types of wave energy converters were proposed as concerns surrounding the 1973 oil crisis began to rise. Since then, R&D of wave energy has been growing as more and more investors and engineers have acknowledged the resource’s environmental and economic...