Money is coming in from large companies and utilities that are "buying experience", he adds. However, these relationships may not endure. The large companies are investing to learn about marine energy and to determine "where they actually want to put their real effort and real money over time".
Wave of the future still has a long way to go
Ocean sector gets a sobering assessment of the challenges ahead
24 September 2009 22:00 GMT
Updated
25 November 2012 9:55 GMT
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