Alternative Energy Forums - Wave Amplifying Generator

Here's a summary of an article about a wave-amplifying generator:

Company: CorPower
Device: C4 floating generator (62ft tall, 30ft diameter)
Technology: WaveSpring - adjusts movement to amplify wave height for increased power generation (300% more than similar buoys)
Safety Feature: "Transparent" mode - sits still during storms
Test Results:
Survived 61ft waves
Peak power export: 600 kW (expected 850 kW at full capacity)
LCoE (Levelized Cost of Energy) projected at $33-44 per MWh (competitive)
Scalability:
Needs large deployment (20GW = 20,000 buoys) for best LCoE
Can extract 3-5 times more power per area than offshore wind farms
Future:
Multi-buoy site testing planned
Potential to address growing global energy demands
Needs large-scale implementation for significant impact

"CorPower has projected a Levelized Cost of Energy (LCoE) in the range of US$33-44 per megawatt-hour once it's deployed 20 gigawatts of capacity.
That would be a pretty competitive price, given that wave energy is pretty much 24/7 and can fill in the gaps
when wind and solar aren't delivering."

Watch: https://youtu.be/9qu2OIw4-p8