*This is our last episode of 2023! We'll be back again the week of January 8th.* Stockholm, Sweden based Corpower Ocean has developed a standalone generation source the company calls a Wave Energy Converter, a floating generator unit tethered to a seabed anchor. The converter is essentially a floating bouy, resembling a giant sport fishing float or “bobber”, containing a novel mechanism. As the converter rises and falls relative to its seabed anchor, the vertical motion is converted by a rack and pinion mechanism into rotation, driving generators. The technology has been tested in real-world conditions since 2018 and has little environmental impact on marine life. Ocean wave power resources globally are approximately 500 GW, enough to potentially supply 10% of the world’s electricity needs. * * * Want to watch this podcast as a video? This Week in Engineering is available on engineering.com TV along with all of our other shows such as End of the Line, Designing the Future, Manufacturing the Future, and the Engineering Roundtable.