*This is our last episode of 2023! We'll be back again the week of January 8th.*Stockholm, Sweden based Corpower Ocean has developed a standalone generation source the company calls a Wave Energy Converter, a floating generator unit tethered to a seabed anchor.
The converter is essentially a floating bouy, resembling a giant sport fishing float or “bobber”, containing a novel mechanism. As the converter rises and falls relative to its seabed anchor, the vertical motion is converted by a rack and pinion mechanism into rotation, driving generators.
The technology has been tested in real-world conditions since 2018 and has little environmental impact on marine life. Ocean wave power resources globally are approximately 500 GW, enough to potentially supply 10% of the world’s electricity needs.
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