According to industry trade publications, the size of the system would have to be hugely overbuilt to generate that much electricity in such a punishing environment.
Presently, prototype wave harvesters off Oregon, Washington, Hawaii and Portugal are generating two to three megawatts of power.
We’re one of the few (wave energy companies) that have received a 60-day comment period,” Wayne Burkamp, president of Green Wave said. “If it moves to the next level, we’ll get a temporary permit, then take a couple of years to get our project together.”
“Right now devices aren’t capable of producing that power,” Burkamp said, “but manufacturers are coming up with new technology. At some point, the production of wave power will become competitively priced.”