Global Wave Energy Converter Market, By Type, By Location, By Application, By Region & Segmental Insights Trends and Forecast, 2024 – 2034
A wave energy converter (WEC) captures the kinetic energy from ocean waves and converts it into electricity. The global wave energy converter market is expanding as renewable energy demand increases. WECs are used in various sectors, such as electricity generation, water desalination, and coastal protection. For example, in 2018, the Mutriku Wave Power Plant in …