A Washington state company, Grays Harbor Ocean Energy, applied for permits to study the potential in producing electricity from ocean waves in south California, Hawaii and the Atlantic coast. The company is asking for permits in seven locations on the Pacific and Atlantic coast. If all seven sites are developed, the facilities would cost between $20 – $30 billion dollars to build. http://seattlepi.nwsource.com/business/395019_oceanenergy07.html
