Wave energy has continued to gain significant momentum in the United States since Eco Wave Power first announced its pilot station at the Port of Los Angeles. The Governor of CaliforniaGavin Newsom signed Senate Bill 605 ("SB 605") into law that directs the state's Energy Commission to conduct an extensive feasibility study of wave and tidal energy along California's coast. This is the first legislation of its kind that actively explores the costs and benefits of implementing wave energy technology. A similar bill in New Jersey is under consideration by the state legislature.
The United States Department of Energy's National Renewable Energy Laboratory found that wave energy in the United States alone has the technical resource potential to produce over 1,400 TWh/year – enough to power 130,000,000 homes.
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