Renewable energies have been increased rapidly in the previous decade to solve some problems such as growing energy demand and environmental issues. Wave power as a high potential renewable energy is more predictable compared to other renewable sources. The primary obstacles to transitioning from fossil fuels to renewables are the ability to store energy for later use, such as during hours when the sun is not shining in the case of solar power. Demand for cheap, efficient storage has increased as more companies turn to renewable energy sources, which offer significant public health benefits. The new materials developed through this model will improve supercapacitors, a type of next-generation energy storage that could replace rechargeable batteries in high-tech devices like cell phones and electric vehicles. Supercapacitors combine the best of what is currently available for energy storage –batteries, which hold a lot of energy but charge slowly, and capacitors, which charge quickly but hold little energy. The materials must be able to withstand both high power and high energy to avoid breaking, exploding or catching fire. Energy is currently on political agendas around the world, due to concerns over the security of supply, rising prices, and climate change. At the same time, the global financial crisis means that many societies are no facing new challenges of poverty and inequity.