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US Energy Agency Announces Wave Energy Prize Competition

Sun and wind are seen as the most abundant sources of clean, renewable energy, but as many 'ocean-hugging' countries know, the energy of ocean waves is also both powerful and endless. Looking for the most efficient ways to capture that energy, the U.S. Department of Energy has announced a $1.5 million-prize competition for new ideas. The department estimates that waves and tides along the U.S. coasts generate 1,420 terawatt-hours of energy annually. That is equal to the output of...

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