Developers plan to work on their technology harvesting and exploiting wave power, to offer it to households at unbeatable prices, lower than those displayed by natural gas and all the other alternative options.
After completing the work at their first test site, located at Ukraine's Institute for Hydromechanics in Kiev, experts from David Leb's Eco Wave Power (EWP) are keen on building a plant 40 times bigger than the first one, to prove the efficiency of their system, Gizmag informs.
The innovative Wave Clapper and Power Wing buoys are installed on existing structures, to capture wave power and transform it into a viable source of energy.
The energy collected is delivered through a network of undersea cabling, connected to an eco-friendly power plant that turns the wave power into energy.
The best thing announced by the company so far is that their system comes equipped with sensors that can spot any changes in the marine environment and can detect any storm.
Apparently, the EWP system is smart enough to read just the placement of the buoys, to protect them from potential damages, while dealing with a powerful natural phenomenon. Once the threat is no longer present, the buoys can return to their original position.
The rest of the equipment and oil tanks are placed on land surfaces, reducing the time and amount of money required by future repairs and also minimizing the environmental degradation caused by a potential polluting incident.
After achieving the expected result with their medium-scale prototype, the company is willing to open a power plant big enough to supply 1,000 households with clean, green, affordable energy.
“In terms of size, the volume of each floater will be 20,000 Liters, enabling a stable output of at least 90 kWh from each floater, which equals to a daily amount of 2,160 kWh and a yearly amount of 788,400 kWh from one floater (if utilized 100 percent of the time),” stated the developers for Gizmag.
Apart from its environmental benefits, the new system could definitely become a smart investment in the long term, since it has a lifespan of up to three decades.