In that case we are there because the concept has been around since the seventies.
"The CETO concept was invented in the 1970s by a Western Australian businessman Alan Burns and initial development began in 1999, followed by completion of a working prototype by 2005."
http://www.dawn.com/news/825152/australian-firm-sees-buoyant-future-in-wave-power
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- Ann: CETO 6 Project Update
Ann: CETO 6 Project Update, page-14
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