A large buoy is being tested off Spain's Basque coast to generate electricity from waves. Australian firm Carnegie Clean Energy leads the project. The technology could support Europe's energy supply.
In the Atlantic off Spain's Basque coast, a large buoy moves underwater with the waves. It is anchored by ropes to the seabed and uses the circular motion to drive a generator.
Jonathan Fiévez, CEO of Carnegie Clean Energy, says: „Wir machen aus Wellen Elektrizität.“ The installation produces power from a barely tapped renewable source.
The technology could make Europe more independent from fossil fuel imports. First, however, the industry must solve a fundamental problem.
