Wave Power Electricity: Cheaper but it will not be built - here is why

http://www.takepart.com/article/2015/01/23/wave-power-could-be-cheaper-wind-now-if-only-we-could-build-it?cmpid=ait-fb

Pelamis was converting sea waves into electric power for more than a decade when the company announced this past November its plans to shut down, claiming it couldn’t find funding to continue operating.
The reason? Both public and private sectors are unwilling to invest in wave energy, according to a November 2014 report from the Offshore Renewable Energy Catapult in the United Kingdom.
“There is a lack of willingness from potential investors to invest in wave and tidal energy at the moment,” the report stated.