The EIA States That,
“Renewable energy incentives and falling technology costs support robust competition with natural gas as coal and nuclear power decrease in the electricity mix.”
Hydroelectricity accounts for a small but important segment within the renewable energy sector. However, it has been hampered by traditional methods of creating new dams on rivers or lakes for a generation. Yet the ocean has enough potential to power up to 400% of global energy-consumption needs, according to the International Renewable Energy Agency, and our solution aims to push those limits and provide clean energy for all.