By Simon Gompertz
Business Correspondent, BBC Working Lunch
Briefly, the buoy has a central column which stays pretty well immobile, even in heavy seas.
Wide discs under the water restrict its movement. But around it is a float, which bobs up and down, lifting rods in and out of the centre of the column. The rods drive a generator.
***
The Pelamis looks like a snake and it moves like a snake. In a finished machine, the long sections are joined by shorter "knuckles". These are the power modules where the generating work is done.
In the sea, the bigger tubes pull hydraulic rams in and out of the power modules, as the whole structure twists in the waves. That's how wave power is converted to electric power.
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more:
http://news.bbc.co.uk/2/hi/programmes/working_lunch/4857668.stm
Wish this had been done by a science or technology, rather than business, correspondent. Rather disjointed article, particularly if you're looking for technical details. OTOH, there are video links for three different generators.