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World Oceans Day 2021: Can we use bio-fouling organisms to extract energy from ocean waves?

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People living near the coast are familiar with the power of ocean waves. What we see when a typical wave breaks on a beach is the endpoint of a global energy conversion story. It starts with the sun’s heat driving winds whose energy generates ocean waves which grow and often travel thousands of kilometres. In this way, the ocean collects an enormous amount of energy. There’s enough energy in waves coming ashore that every metre of coastline could power around five average homes, and much more during storms. Capturing this energy is not a new idea, but one that faces many challenges. Our research illustrates the potential of enlisting biology in a reversal of the typical marine engineering view that “bio-fouling is bad”. Instead, it looks possible to use the added drag generated by allowing marine organisms to grow on a “naked” wave energy extractor. This model shows marine organisms could be used in wave energy extraction. Video by Christian Fischer. Decarbonising energy gener...
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One of the most difficult problems in finance right now is figuring out the fundamental economic value of cryptocurrencies. And the past week has complicated this further. For many cryptocurrency investors, the value of Bitcoin is based on the fact it is artificially scarce. A hard cap on “ minting ” new coins means there will only ever be 21 million Bitcoin in existence. And unlike national currencies such as the Australian dollar, the rate of release for new Bitcoin is slowing down over time. Dogecoin, a cryptocurrency that takes its name and logo from a Shiba Inu meme that was popular several years ago, doesn’t have a cap. Launched in 2013, there are now 100 billion Dogecoin in existence, with as many as five billion new coins minted each year. But how can a currency with a seemingly unlimited supply have any value at all? And why did Dogecoin’s price suddenly surge more than 800 percent  in 24 hours on 29 January? At the time of publication, the “memecoin” was worth abou...
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