Just one last comment...I believe we need a much more flexible system for electricty production that doesn't rely entirely on huge power plants run by utility companies. There's a role for solar panels during sunny weather, a role for wind power during windy weather, and probably a role for this kind of wave power generation in coastal areas. It seems to me the electric power industry has a strangle-hold on power production and distribution and much more could be done at a local distributed level in coordination with the power companies. It looks like the whole system is driven by the generation costs of electric power companies and nothing much else factors into the design of our power generation system. Meanwhile we grow ever more dependent on oil and natural gas.
Agreed.