The SeaRay works with what is referred to as a “heave and surge,” technique by reducing the number of conversion steps to avoid energy loss. Designed to operate 1-3 miles offshore, and built to stand rough seas.
The company has received private funding and funding from the US government, so people are hopeful that this will become a positive step towards renewable energy. The World Energy Council believes there is a potential trillion-dollar marine energy industry waiting to be tapped. Projects need government support, so like this experiment we may find positive sustainable options.