Eco Wave Power To Install Ten “Floaters” for Ocean Wave Energy Project in Israel

Pictured here is a set of devices that are designed to extract the kinetic energy out of ocean waves. The rising and falling water lifts and drops the blue paddles which compress a fluid, whose tubes are connected to onshore turbines.

A permit granted by the Municipality of Tel-Aviv Jaffa allows the purveyor of this concept, Eco Wave Power, to proceed with the installation of the project on the seaside of the breakwater.

From this:

The works will include cement works for the breakwater’s reinforcement, and the installation of ten floaters on 30-metre-long pre-existing breakwater within the port. The floaters will have a combined installed capacity of 100kW.

Inna Braverman, Founder and CEO of Eco Wave Power, said: “Due to the onshore nature of the Eco Wave Power technology, the cement and floaters installation works will be straightforward and will not involve any ships, divers, underwater cables or underwater moorings, which are known to be extremely expensive and complex.

“All works will be performed from the land side, using standard equipment such as cranes, thus reinforcing the cost-effectiveness of the Eco Wave Power technology, in comparison to offshore solutions”.

Thank goodness for small favors.  Yes, there are plenty of more expensive options re: converting the energy on ocean waves into electricity.

Yet, we need to face facts: these “floaters” were billed as a viable mechanism for generating renewable energy long before 2GreenEnergy arrived on the scene 12 years ago, and that was before the cost of solar and wind fell so precipitously.

If this concept has any legs at all, it will be for niche applications.  If I owned some place on the coast of somewhere that conventional energy resources were hard to come by, I’d go for this every day of the week. See example below.

Overall, however, this seems to be one of those cases where the winners have won and the losers have lost, with these guys being in the latter camp.  Having said that, I won’t be surprised if I’m still getting press releases from these folks 12 years from now.  Some ideas die slowly, especially when investor capital is involved.

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