This renewable energy innovation uses magnets to connect plates that generate electricity through waves. Check out more trending stories on ITK: https://bit.ly/39pSMAR | In The Know

With an incredible 29,500 TWh of global potential annually, wave energy could become the largest source of energy from our seas – almost 10 times Europe’s electricity consumption! Wave energy offers utility-scale power production, working in perfect tandem with wind and solar to create a stable, resilient energy mix. It’s also a clean and cost-effective alternative to diesel for remote islands, fish farms and offshore industries. 💡 How does wave energy work? 🔷 Point Absorber – a floating buoy