Renewable Energy

It is estimated that wave power rating of 15-20 kW/m and higher is considered economically viable.

(Distribution of annual average wave power in kW per metre wave crest)

Countries active in wave power research & development:
Australia, Canada, Denmark, France, Ireland, Netherlands, New Zealand, Norway, Portugal, South Africa, Spain, United Kingdom, United States

Global wave power at deep water is estimated to be 1.3 terawatts ( 1 300 000 000 000 kW )

The global economic resource from waves above 30 kW/m could be as high as $ 70 - $ 390 billion
using off-shore or near shore wave generators