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#5
05-08-2011, 01:15 AM
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Catalyst ABC - Good review of wave technology
Of late there seems to be some interest in wave technology...
I saw an interesting segment by Catalyst on the Carnegie technology indicating that they are approaching commercialization in 2012 - 2013. "Carnegie Wave Energy Ltd is one of only three companies worldwide with a wave power plant currently in commercial pilot. If all goes well, and every indication so far is positive, CWE will by 2012 have proven that wave power is cheap, efficient and pollution free and can be used to produce either electricity or desalinated water - or both together in any combination - at a significant cost saving to any other renewable energy method for coastal cities." See: http://www.powergenworldwide.com/index/display/wire-news-display/1412375476.html
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. 
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