A new power generation device called the Anaconda will be producing enough power for 1,000 homes in the UK within the next 5 years. The first of the wave-powered machines is made from rubber tubing. The device is anchored to the sea floor, but moves with the waves.
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The goal is to have groups of the devices around the coast where they would be anchored just below the surface of the water. A group of 50 anacondas could develop enough power for 50,000 homes at what is described as an excitingly low cost.
The developers of the technology feel certain that the device will be cheaper than wind turbines and generate equivalent amounts of power while being less controversial. The first anacondas are expected to be deployed in 2014.