Ports are an integral part of global trade and commerce which are are known for operating and handling large scale operations which consume sizeable amounts of energy, resulting in larger day to day expenses and pollution-related effects, writes Inna Braverman, co-founder Eco Wave Power.
Wave power hasn’t scaled as successfully as solar or wind energy – however one British Overseas Territory could receive 15 percent of its electricity from the motion of the ocean. Gibraltar has teamed up with Israel-based wave energy company Eco Wave Power (EWP) to build a wave energy plant that could supply 5 megawatts of power.
Wave power has been slow to take off, but it looks like things are accelerating. Last week, EU’s Gibraltar made a big buzz over the official grid connection of its new wave power project, an array of ocean energy converters from the company Eco Wave Power.