Future Energy
The ocean’s waves are immensely powerful. Harnessing that energy for grid-scale electricity production would be a major boon to the clean energy industry, but building durable, powerful, and cost-effective wave energy converters has proven difficult. Now though, an influx of federal funding is helping many U.S. companies gear up to test their latest wave energy technologies, giving many in the industry hope that wave power will see massive growth over the next few decades.Credit CNBC