Wave power tipped as 'holy grail' for Australia
AFP, 17 May 2007 - New technology harnessing wave energy could be the "holy grail" for providing electricity and drinking water to Australia's major cities, Industry Minister Ian MacFarlane said Thursday.
The technology, developed with the help of more than 770 million dollars (636 million US) in seed funding from the government, works through fields of submerged buoys tethered to seabed pumps.
The buoys move in harmony with the motion of the passing waves, pumping pressurised seawater to shore to run turbines and pass through a desalination plant.
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