“The wave-energy ‘industry’ has a long history of over-promising itself and underperforming,” says Hine, financial director of the UK-based Trident Energy. “Unfortunately, investors have got used to that fact.”
It is a charming — if rather curious — attitude for him to take, considering that next month, Trident will install its own wave-power demonstration device amid a flurry of promises.
The 150-tonne, 21-metre-tall demonstration device will be bolted to the sea floor off the coast of eastern England, where it will generate electricity for six months.
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