With growing environmental concerns, nations and corporations are considering renewable sources of energy to help generate clean and green energy. One such source wave power (different from Tidal power), is usually ignored in renewal energy talks. Mexican company Maremotrices de Energias Renovables (also known as Marersa) recently announced it will commence building wave power projects with production capacity of 30 megawatts coming February. Bloomberg reports,
“Marersa, based in Mexico City, will install about 450 floating buoys that harness the movement of waves to create hydraulic pressure which is converted into electricity, Markivich said. It has pledged to sell the energy at 20 percent lower prices than electricity bought from state power utility Comision Federal de Electricidad.”
Operations are expected to start in February with a 3-megawatt plant for CFE in Baja California state, Mexico. It is a fact of matter that in most places where wave power can be yielded, production from offshore wind power is also possible. Notably, proponents of wave power estimate “realistically usable worldwide resource to be greater than 2 TW“. This project may very well help prove potential of wave power as a renewable source of energy.
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