More Galleries
50 years of the Ford Mustang Take a drive down memory lane with our favorite photos of the car through the years. More
8 CEOs who took a pay cut in 2013 Median CEO pay inched up 9% in 2013 to $13.9 million. But not everyone got a bump last year. Here are eight CEOs who missed out. More
10 best convertibles now that spring has sprung It's finally time to put the top down. Here are our 10 favorite rides for the warmer months to come. More
4 of 11
BACK NEXT
Wave riders
Wave riders
Later this year, off the coast of northern Portugal, three energy converters that look like giant sea snakes will start to produce electricity from the rough waves of the Atlantic Ocean. The wave-induced movement of these semi-submerged cylinders pumps high-pressure fluid through hydraulic motors, which in turn drive electrical generators. A cable takes that electricity to an onshore utility, where it is plugged into the power grid. The project, which is billing itself as the world's first multi-unit wave farm, is a venture between Pelamis Wave Power, an Edinburgh startup, and U.S. energy company EnerSys.
-- Peter Gumbel

NEXT: A mighty wind
Last updated April 21 2008: 9:03 AM ET
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.