Harnessing the Power of Waves: A Conversation with Breakwave Energy's William Lyman
I’m not a financial advisor; Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions.Watch the show on television by downloading the e360tv channel app to your Roku, AppleTV or AmazonFireTV. You can also see it on YouTube.When you purchase an item, launch a campaign or invest after clicking a link here, we may earn a commission. Engage to support our work.Devin: What is your superpower?Bill: I think an understanding of the ocean through the experiences that I've had in it.In today’s episode of "Superpowers for Good," I had the pleasure of speaking with William R. Lyman, better known as Bill, the founder and CEO of Breakwave Energy. Bill's company is tackling one of the most persistent challenges in renewable energy: harnessing the power of ocean waves.Wave energy presents a unique opportunity in the renewable energy landscape. Unlike solar and wind, which are limited by weather conditions and time of day, waves are a constant force driven by distant storms and the natural movement of the ocean. Bill explained this key advantage, saying, "Waves are driven by 1000-mile-away storms, and they break all day long, all night. Water is 800 times more dense than air. So, you always grab more energy from waves, but you have to do it in a way that's cost-effective."However, harnessing wave energy is no easy feat. The ocean's harsh environment can destroy equipment, making it challenging to maintain and cost-ineffective. Bill likens their approach to the Heisman pose, “You’ve got to hold on to the ball and get into the end zone while making sure nothing touches you.” This means placing minimal infrastructure in the water and ensuring it can withstand the ocean's destructive forces.One of the most exciting aspects of Breakwave Energy's technology is its potential for scalability and versatility. Bill shared, "We have the ability to not only produce electricity but also to scale our technology to meet the needs of small villages or larger areas, and even to desalinate water directly using wave energy."Bill's innovative approach and commitment to rigorous testing before deployment highlight his dedication to creating a sustainable and effective solution for renewable energy. His team's ongoing collaboration with Cal State University San Marcos to test electrical components exemplifies their meticulous and thorough process.Today’s episode was a deep dive into the future of renewable energy and the incredible potential of wave energy. I’m thrilled to share Bill's insights and innovations with you. His work at Breakwave Energy is not just about harnessing waves but also about offering scalable solutions that can significantly impact both developed and developing regions around the globe.tl;dr:1. Introduction to Breakwave Energy: William Lyman, founder and CEO of Breakwave Energy, discusses the company's focus on harnessing wave energy as a renewable resource to address climate change. Unlike solar and wind, wave energy is constant and more efficient due to water's density.2. Challenges of Wave Energy: William highlights the difficulties of building wave energy infrastructure in the harsh ocean environment, detailing the ocean's destructive nature and the need for cost-effective and durable solutions to harness wave power.3. Prototyping and Testing: Breakwave Energy has been developing and testing prototypes with promising results. They plan to install and test a larger prototype with the assistance of Cal State University San Marcos. William emphasizes the importance of thorough testing before deployment to avoid wasting investor funds.4. Crowdfunding and Investment: The company has launched a crowdfunding campaign on Raise Green, a platform focused on renewable energy projects. William explains the global potential of wave energy, particularly in developing nations with extensive coastlines, which can benefit significantly from this technology.5. Potential Applications and Future Goals: William envisions scalable applications of wave energy, from small village projects to large grid integrations. He also discusses innovative uses, such as desalinating water directly using wave power. His superpower, a deep understanding of the ocean from his surfing and Navy SEAL experiences, plays a crucial role in the practical and efficient design of Breakwave's technology.How to Develop Ocean Mastery As a SuperpowerBill Lyman's superpower is his deep and practical understanding of the ocean, which he developed through years of surfing and his experience as a Navy SEAL. This extensive knowledge enables him to design innovative, cost-effective wave energy solutions that can withstand the ocean’s harsh conditions.Bill shared an anecdote from his surfing days in Hawaii, where he demonstrated his deep understanding of the ocean’s currents and channels. Despite his friend’s skepticism, Bill navigated the waves more efficiently by predicting the best route, highlighting how his profound knowledge of the ocean's behavior gives him a significant edge in his work at Breakwave Energy.Tips for Developing Ocean Mastery and Other Experiential Expertise:1. Embrace Challenges: Bill emphasizes the importance of gaining experience in all conditions, not just favorable ones. "If you don’t surf good when it’s bad, you’ll surf bad when it’s good."2. Commit to Consistency: Regular practice, even when conditions are tough, is crucial. This consistent effort builds deeper understanding and skill.3. Prepare for Adversity: Reflecting on his Navy SEAL experience, Bill advises facing difficult situations head-on. True expertise is developed through overcoming challenges, not just enjoying easy victories.4. Seek Solitude for Growth: Like the early gym-goers, Bill suggests that the most valuable experiences often come when you’re working hard while others aren’t.By following Bill Lyman’s example and advice, you can make ocean mastery a skill. With practice and effort, you could make it a superpower that enables you to do more good in the world.Remember, however, that research into success suggests that building on your own superpowers is more important than creating new ones or overcoming weaknesses. You do you!Guest ProfileWilliam R Lyman (El Dudearino ):CEO Founder, Breakwave EnergyAbout Breakwave energy: It takes the horizontal power of waves and turns them into vertically stored energy. Company Website: breakwave.energyOther URL: invest.raisegreen.com/offering/breakwave/detailsBiographical Information: Former Navy SEAL designs Wave Energy Converter. Upcoming SuperCrowd Event CalendarIf a location is not noted, the events below are virtual.* SuperCrowdChicago, June 12, 2024. This in-person event at Columbia College Chicago features some of Chicago’s prominent citizens and community leaders, along with crowdfunding experts. Use the discount code “SuperCrowd” to save 50 percent!* Impact Cherub Club Meeting hosted by The Super Crowd, Inc., a public benefit corporation, on June 18, 2024, at 1:00 PM Eastern. Each month, the Club meets to review new offerings for investment consideration and to conduct due diligence on previously screened deals. To join the Impact Cherub Club, you must first become an Impact Member of the SuperCrowd.* SuperCrowdHour, June 19, 2024, at 1:00 Eastern. Each month, we host a value-laden webinar for aspiring impact investors or social entrepreneurs. At this month’s webinar, Angela Barbash of Revalue will share insights about moving money from Wall Street to Main Street. Register here.* Recently, we created an AI GPT to help you learn more about The Super Crowd, Inc., a public benefit corporation, and our upcoming events. Click here to try it.SuperCrowd Community Event Calendar* Successful Funding with Karl Dakin, Tuesdays at 10:00 AM ET - Click on Events* The Reg A & Crowdfunding Conference, June 20, Westchester Country Club (Save 20% with the code Super20)* How Small Businesses Can Raise Capital from the Crowd, Thursday, July 11, 1 – 2 pm ET: Explore transforming your community connections into capital to start or grow a small business through regulated investment crowdfunding. Learn more about how this type of crowdfunding works and the benefits and challenges of raising capital from the crowd. About our Presenter: Author and journalist Devin Thorpe has over 25 years in finance and a rich background as a former CFO and investment banking firm founder. He’s also a champion for social good, publishing his Superpowers for Good newsletter and show.* Crowdfunding Professional Association, Summit in DC, October 22-23* Asheville Neighborhood Economics, November 12-13.If you would like to submit an event for us to share with the 5,000+ members of the SuperCrowd, click here.We use AI to help us write compelling recaps of each episode. Get full access to Superpowers for Good at www.superpowers4good.com/subscribe