Waves crashing on to Australia's southern shores each year contain enough energy to power the country three times over, scientists said on Tuesday, August 20, 2010, in a study that underscores the scale of Australia's green energy.
Nearshore waves offer much better prospects for wave energy development than previously thought, according to a report published in this week’s New Scientist magazine, 8 May 2010.
Wave energy developer Aquamarine Power received a major boost on 2 February 2010 when it secured £5.1 million of public funding to support the manufacture of its second generation wave energy device, Oyster 2, which will be manufactured later this year for testing at the European Marine Energy Centre in Orkney (EMEC) in 2011.
Scotland's potential renewables capacity is estimated to be around 60GW. Our waters hold around ten per cent of Europe’s wave power potential and as much as a quarter of its tidal power potential. The European Marine Energy Centre (EMEC) provides world-leading test facilities for Aquamarine and other companies to develop the technology needed to harness this huge untapped potential.