Are Ocean Waves Now Powering Homes?

Yes, but it’s a very tiny number, and one that is extremely unlikely to go much higher.

Ocean wave energy is a subset of hydrokinetics, and, just a few years ago, it seemed that some flavor of extracting energy from moving water might play a significant role in our renewable energy future.  That is, until the cost of energy via solar and wind went through the floor.

At this point, anyone interested in the subject are either hobbyists or owners of homes that happen to be in extremely rare positions.

Imagine your property abuts an ocean, and is located with no access to the grid and terrible solar irradiance.  Places like the one shown below in the islands off Northern Scotland do exist.