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China leads in ocean energy technology, with help from Lockheed Martin

  • WSJ explores the race underway to unlock one of the world's biggest untapped sources of clean energy - the ocean - and China, with 11K miles of coastline rich in energy potential and pollution that is getting worse, is at the cutting edge in sea-energy technology development.
  • Underwater turbines (like wind farms, but out of sight), dynamic tidal power walls and ocean thermal energy converters are among young technologies that may come to harness marine power.
  • China is stepping up spending in the sector, often working with foreign companies such as Lockheed Martin (LMT) testing equipment and entering joint ventures in the country.
Comments (6)
  • Jake2992
    , contributor
    Comments (830) | Send Message
     
    Where are the right wing dolts who thought solar energy was just a liberal myth as recently as 2 years ago?
    1 Apr, 02:59 PM Reply Like
  • bertkummel
    , contributor
    Comments (21) | Send Message
     
    Once the Chinese get the technology, they will kick out the foreign companies & refuse to recognize patents. You don't believe that? Ask the Russians about their fighter plane and aircraft carrier technology which the Chinese stole.
    1 Apr, 03:24 PM Reply Like
  • Topcat
    , contributor
    Comments (414) | Send Message
     
    Where is the United States in this technology?? Infrastructure...we are falling behind? Anyone with knowledge in this area?
    1 Apr, 03:51 PM Reply Like
  • phxcrane
    , contributor
    Comments (415) | Send Message
     
    Did you read anywhere that this technology is cost effective? Just because governments spend money doesn't make it worthwhile. That include communist china.
    1 Apr, 05:30 PM Reply Like
  • Hendershott
    , contributor
    Comments (1503) | Send Message
     
    A calculation of cost effectiveness would have to include the cost of pollution, which is one thing driving the Chinese to renewable energy. At this point, the cost of pollution in China from coal specifically, is rising rapidly.
    1 Apr, 06:53 PM Reply Like
  • jklk0429
    , contributor
    Comments (172) | Send Message
     
    If the Chinese need money, they will expedite the dump of their "albatross" US sovereign bonds, inflate the RMB, and continue to buy up the world's resources at a faster pace than they already are.
    1 Apr, 08:57 PM Reply Like
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