SHMUEL OVADIA AN ISRAELI ENTREPRENEUR SEEKS ENERGY IN SEA WAVES, 1999-01-05 (photo)

TO MOVE WITH FEATURE BC-ISRAEL-ENERGY - Shmuel Ovadia stands on the two green metal buoys bobbing to draw energy from the sea, in the Jaffa port December 12, near Tel Aviv. Ovadia said his wave energy converter is different from the 50 or so other systems developed worldwide because it exploits the underlying force of the wave and not just the wave's height. The prototype would be able to generate up to 40 kilowatts of electricity per day, to build a plant which would create up to four megawatts per day that cane light up a village of 40,000 households with a cost less than $0.02 per kilowatt. HL/CLH/