This, the company suggests, is the only link back to shore that these structures will ever need. The energy argument Garth Sheldon-Coulson, Panthalassa’ s Co-Founder and CEO, was formerly an AI and energy researcher at hedge fund Bridgewater. Since the start-up’ s rise to prominence, he has made a case for why wave energy deserves a seat at the table alongside solar and nuclear.
“ Energy from open-ocean waves is low-cost, sustainable, abundant and now we have the technology to make it accessible for people,” he recently told the Financial Times( FT).
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Panthalassa: Go where?
By operating in remote, deep ocean areas rather than near coastlines, Panthalassa’ s nodes have the potential to avoid the constraints that have hampered previous wave energy projects, like land-sea connections and inconsistent waves.
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