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Surf this: The potential market for wave energy -- electricity generated by offshore turbines -- is worth a staggering $1 trillion worldwide, according to the World Energy Council, a nonprofit research organization. In the United States alone, wave technology could supply 6.5 percent of the nation's energy. No wonder, then, that startups are rushing to stake claims before someone else drops in on the best waves.

Transport is one of the major global consumers of energy and therefore has an important role in meeting the primary objective of the World Energy Council, sustainable energy for all.

Sustainability is measured in terms of the 3 A’s criteria of accessibility, availability and acceptability, differentiating between the relative importance of different regions.