SWEL: Generate electricity by harnessing Sea Wave Energy
swel.eu
swel.eu
About: When harnessed effectively, oceans prove to be one of the largest reserves of clean and sustainable energy on Earth.
SWEL BREAK THROUGH RESULTS: A Raw mechanical power output down to 1p/kWh crushing the wave industry reference value, putting the technology in its full capability on par with fossil fuels. SWEL claims that a single Waveline Magnet device, scaled to suit the wave climate at EMEC, would satisfy more than the hubs current grid-connection capabilities.
I cannot imagine this being both reliable and cheap.