Ocean Wave Energy Doomed To Failure

This is about what anyone who knows anything about clean energy would have predicted about Eco Wave Power Global: a loss of about 75% of its market value since it hit NASDAQ about six months ago.  How long does it take people to figure out that ocean wave energy cannot be competitive to solar and wind, with the exception of a few extremely tiny niche markets?

The answer, obviously, is about six months.

This is sad, because anyone with a computer and access to the information all over the Internet could have run a series of simulations, and determined that this was a loser long before it began.