Comments on: Hawaii's new wave power

New Jersey-based Ocean Power Technologies seeks to harness the mighty churn and swell of the seas for the U.S. Navy in Oahu.

[chrisfrary]

How many watts does this produce? What about energy it takes to produce them? Are they cost-effective? How much does each one cost?

[anomalator]

Check out their site (http://www.oceanpowertechnologies.com/index.htm), it'll tell you just about everything you want to know about their products and what they're doing. I recently bought stock in this company because I think they are really on to something with their Power Buoy Systems, and there aren't a lot of companies focusing on the oceans as a means to generate green energy. Most green energy generation is geared towards wind and solar, but the amount of untapped energy available from the world's oceans is just as plentiful.

I bought the stock when it was near a 52 week low (so far), so if the market for green energy takes off under Obama's administration, which I think it will, this company will do very well. Ocean Power's current and future military contracts will also be good for their business. Overall, I think this company has a great future.

[ericyen]

What ?!?! logistical issues like infrastructure costs is the EXCUSE used by the Ocean energy proponents. The electrical grid did not happen over night. Let's compare apples to apples and make adjustment for inflation and the value of the dollar. Then let us make a FAIR comparison.

[warpsix]

I'd love to see a few hundred of these off the coast of Jacksonville Fl.