This thing has a huge potential as a large scale renewable energy resource harvesting energy from the movement of the wave.
From the manufacturer:
Has Your Phone Ever Died on You When You Needed to Make a Call?
It doesn’t matter if you’re on the Appalachian Trail, walking to class, or commuting to your job in New York City. You depend on your phone, Mp3 player, GPS, and other hand-held electronic devices. With the nPower® PEG, you can extend your use time when you do not have access to a wall outlet. Just plug your device into your nPower® PEG and you’ll have an extra boost of power to continue talking, surfing the internet, or listening to music.
Place the PEG in your backpack, briefcase, or handbag and walk. As you move, the nPower® PEG harvests the kinetic energy that you’re already generating and converts it into usable power for recharging your cell phone, Mp3 player, or other hand-held device.
Renewable Energy Generation Just Got Personal
When you think about the nPower® PEG, think “personal energy generator.” The PEG gives you the ability to generate your own, personal renewable energy, while making a statement about your committment to sustainability. The PEG is the first of its kind, and we have big plans for the future of nPower® technology (picture large-scale kinetic energy generators along side solar and wind power). The nPower® PEG is our first product that will help excellerate the development of kinetic energy generation for commercial use.