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Ross Henderson, technology director of Pelamis Wave Power

Whenever a species like the Panda or Orangutang need help to survive, you know the species is non-viable. If wave power had 'huge economic opportunities' then investment companies would have no hesitation in investing money in it. Conversely, if the industry needs help from the Government to survive, then you know the industry is non-viable. Ross Henderson has never worked for a commercial company and has never risked his own money on a new project. If he had, he would realize that the Pelamis project is the most foolishly expensive way to extract power from waves. It is almost Victorian in its clumsy, complicated and absurd execution. It's like looking at an early 19th Century Beam Engine. Of course there's a better way of extracting energy from waves which is simpler, easier, more effective and costs a 100 times less than the Pelamis behemoth but until this happens, the project has to be regarded as non-viable and shouldn't get public funding.

7 May 2012

2:16 pm