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With AI, gaming, EV charging, and crypto mining on the rise, energy planners are casting about for new ways to harvest more zero emission electricity, more quickly. Meanwhile, the answer is staring them in the face. 70% of the Earth’s surface is a huge untapped reserve of wave energy.
The Long Wait For Wave Energy Harvesting
The US Department of Energy estimates that the kinetic energy of waves alone could account for almost 60% of US electricity demand. Developing a cost-effective device that transfers that activity into clean kilowatts has been a challenge, but breakthroughs are beginning to occur.
One of them is the “CETO” wave energy harvesting device engineered by the Australian firm Carnegie Clean Energy, named after the Greek goddess of sea creatures. The company crossed the CleanTechnicaradar shortly after its launch in the early 2000s. Under the name Carnegie Wave …