Eco Factor: Wave harnessing device could reduce cost of wave energy.
Even after being efficient and cost-effective, wave and tidal energies aren’t really being globally harnessed. The reasons range from the high cost of the initial setup and the lack of technology which can be used the world over. Dublin-based JOSPA is offering a new system that the company claims to be cheaper and more productive than other systems currently in use.
Known as the Irish Tube Compressor (ITC), the system is based on reinforced, flexible tubes floating on the surface of the water. The air and water driven forward by the ocean waves result in an increase of pressure which is converted into electricity by the device. The company claims that the ITC can bring a revolution in the wave energy sector as it lowers the cost of electricity produced without spending excessively on the initial setup.
Via: CleanTechnica
