OWCs harness the energy of waves through the movement of air inside a partially submerged chamber. When a wave enters the chamber, it causes the water column inside to rise, compressing the air above it. NEW ENERGY STORAGE AS A GAME-CHANGER IN ENERGY INFRASTRUCTURE 2. CHALLENGES FACING NEW ENERGY STORAGE SOLUTIONS AND POTENTIAL SOLUTIONS. Ocean wave energy devices are primarily classified based on their orientation to the waves and their method of capturing energy. The main categories include: Each of these devices operates on different principles and is suitable for various marine conditions. Point Absorbers Point absorbers are. Researchers are designing new technologies, from reinvented batteries to compressed air and spinning wheels, to keep energy in reserve for the lean times. Sandia National Laboratories researchers Leo Small, back right, and Erik Spoerke, back left, observe as Martha Gross, front, works in an argon. One of the fundamental questions that engineers, scientists, and environmental enthusiasts are unraveling today is – How is wave energy stored? Dive in with us as we traverse through the awe-inspiring mechanisms and technologies that help in harnessing and storing the immense power of ocean waves. The present paper aims to analyze the benefits of a flywheel-battery based hybrid energy storage system (HESS) integration to a wave energy converter for power smoothing.