Various schemes to use wave energy have been proposed or actually tried over at least the last fifty years. Where they have all failed so far (and maybe this will be the successful one?) is that to make the design long lasting and storm resistant in the marine environment, the cost per kilowatt gets ridiculously high.
The basic problem is that occasional storms produce forces many times higher than the forces that the system has to use in normal conditions, plus the marine environment is very corrosive, and with high UV levels.
John
John
JDNSW
1986 110 County 3.9 diesel
1970 2a 109 2.25 petrol
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