How Waves Could Power A Clean Energy Future

CNBC
3 Sept 202214:57

Summary

TLDRThe video discusses the vast potential of wave energy as a renewable resource, which could one day provide 10-20% of the U.S. electricity mix. Although scientists have long recognized the power of ocean waves, harnessing this energy has proven challenging due to the rough marine environment. However, federal funding and facilities like PacWave are helping companies test wave energy converters. While the technology is still in development, it could complement wind and solar power, producing energy 24/7. Experts agree that wave farms may not be viable until after 2035, but progress is underway.

Takeaways

  • 🌊 Wave energy has the potential to generate 2.64 trillion kilowatt-hours annually off the U.S. coast, equivalent to 64% of last year's utility-scale electricity generation.
  • 🔋 Wave energy could provide 10-20% of the U.S. electricity mix in the future, complementing wind and solar power.
  • 🛠 The ocean is a challenging environment for wave energy devices due to its violent and corrosive nature, but recent federal funding is supporting development.
  • 🏗 PacWave, the first full-scale grid-connected wave energy test facility in the U.S., is set to come online, aiming to overcome key challenges in wave energy development.
  • 🇪🇺 Europe, particularly Scotland, has been leading wave energy development, with the U.S. aiming to catch up through PacWave and other initiatives.
  • ⚡ Several wave energy technologies are in development, each tailored to different wave environments, but it remains unclear which will scale for grid-level energy production.
  • 🌀 Wave energy could operate continuously, unlike wind and solar, especially in winter when wave power is most consistent.
  • 💰 Scaling wave energy will require complex and expensive infrastructure, including offshore mooring systems and subsea cables.
  • 📈 The U.S. Department of Energy has funded $112 million in marine energy projects, with several companies already testing wave energy converters.
  • 🌍 Experts emphasize the need for continued government support, global collaboration, and aggressive deployment of wave energy technologies to meet future energy goals.

Q & A

  • What is the estimated energy potential of waves off the U.S. coast?

    -Waves off the U.S. coast could theoretically generate 2.64 trillion kilowatt-hours of electricity per year, which is about 64% of the U.S.'s total utility-scale electricity generation in 2023.

  • What is the projected contribution of wave energy to the electricity mix in the future?

    -Experts hope that wave energy will eventually comprise 10% to 20% of the U.S. electricity mix.

  • What are some of the challenges of harnessing wave energy?

    -The ocean environment is highly challenging due to its violent movements and corrosive nature, making it difficult to build reliable wave energy infrastructure.

  • What is PacWave, and why is it significant?

    -PacWave is the first full-scale, grid-connected test facility for wave energy converters in the U.S. It represents an important step toward overcoming barriers to wave energy development by providing a site for testing devices in the open ocean.

  • How does wave energy differ from wind and hydropower in terms of harnessing energy?

    -Unlike wind and hydropower, which rely on linear motion, waves are oscillatory, making it more difficult to convert their energy into usable electricity.

  • What advantages does wave energy offer compared to solar and wind energy?

    -Wave energy can produce power 24/7 in all weather conditions and is especially strong during the winter, complementing solar and wind energy, which peak during other seasons.

  • What kind of infrastructure is needed for large-scale wave energy production?

    -Wave energy plants require offshore mooring and anchoring systems, subsea cables, junction boxes for multiple devices, and systems to bring the power to shore via drilled cables under the seabed.

  • What are some of the technologies being tested for wave energy conversion?

    -Technologies being tested include CalWave's submerged pressure differential device, Oscilla Power's two-body point absorber, and C-Power's StingRAY and SeaRAY systems, each utilizing different methods to convert wave motion into electricity.

  • What are some low-power applications of wave energy technology?

    -Wave energy can be used for ocean data gathering, powering sensors, ocean robotics, and eventually for powering small communities and remote regions that rely on expensive diesel imports.

  • What are the current challenges to commercializing wave energy technology?

    -Key challenges include high costs, complexity of offshore infrastructure, environmental concerns, and uncertainty about which technology will be most effective at grid-scale.

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Related Tags
Wave EnergyRenewable PowerOcean TechnologyGrid ScaleU.S. EnergyDOE FundingPacWave TestingOffshore PowerEnergy ConversionSustainable Future