Wave energy has spent the better part of half a century being the future. The future of electricity, coastal infrastructure, and renewable energy. The future, unfortunately, never seemed to arrive.
Governments funded pilot projects. Startups raised millions. Engineers built increasingly sophisticated machines designed to harvest the immense energy stored in ocean swells. Then came the familiar sequence: technical complications, brutal maintenance costs, investor fatigue, bankruptcy, silence. The ocean has a long history of humbling ambitious technologies.
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