Due to economic social cohesion, the European Union is promoting to improve the production of electrical
energy from renewable energy sources. Sea waves have associated a form of renewable energy which can be captured by using a hydro mechanical device that in turn drives an electrical generator to produce electrical energy. After a brief description of wave formation and quantifying the
power across each meter of wave front associated to the wave, the paper describes several devices used presently to extract mechanical energy from the waves and their advantages and disadvantages are presented as conclusions. In particular, the modern Pelamis system is described in some detail.Wave energy market is also discussed

Wave power refers to the energy of ocean surface waves and the capture of that energy to do useful work. Sea waves are a very promising energy carrier among renewable power sources, since they are able to manifest an enormous amount of energy resources in almost all geographical regions. The global theoretical energy from waves corresponds to 8x106 TWh/year, which is about 100 times the total hydroelectricity generation of the whole planet. To produce this energy using fossil fuels it would result an emission of 2 millions of tones of CO2. This means that wave energy could contribute heavily for
the attenuation of pollutant gases in the atmosphere, as defended by the Kyoto Protocol.
The global wave resource due to wave energy is roughly 2 TW and Europe represents about 320 GW, which is about 16% of the total resource. However, for various reasons, it is estimated that only 10 to 15% can be converted into electrical energy, which is a vast source of energy, able to feed the present all world.
Eventually, wave energy could make a major contribution by yielding as much as 120 TWh/year for Europe and perhaps three times that level worldwide. The ocean is a true store of renewable energy.

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