From the NY Times, Project Aims to Harness the Power of Waves, a large wave power buoy will be installed off the coast of Oregon this October, and will be the first wave powered generator connected to an electrical grid. The Federal Permit allows for 10 wave generators, enough to power about 1,000 homes.
Wave power has been researched for many years, and a variety of designs have been tested. This buoy by Ocean Power Technologies of NJ is a large version of autonomous power buoys they have built and deployed for several years to power remote ocean going devices.
Wave energy is really an accumulation of wind energy, and in certain parts of the world, like Oregon, is a very consistent form of sustainable energy. One of the big challenges is designing the installation to survive major storms.
Thanks to John Hoyt for pointing out this article.
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