As the world's economy grows and strives to meet growing energy demands, the Center is committed to creating, developing and sustaining a new industry that has the potential to provide a clean, reliable and renewable source of energy that can be used to generate electricity, unlimited hydrogen and potable water, as well as providing alternative methods for residential cooling. Harnessing ocean energy would have a significant economic impact for Florida, creating a new industry and over 26,500 new Florida-based jobs-transforming Florida from an energy importer to a leader in energy exports. Not only will Florida achieve energy independence, but a new economic sector will be established to generate billions of dollars in revenue.