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Yes I remember us talking about that one, up near Port Augusta, I would think the Greens would have kittens over it.I wasn't really thinking of wave or tidal power, the first project mentioned in the article I quoted was seawater pumped hydro, where seawater was pumped up a cliff on the coast and allowed to fall back to the sea producing power.
That seems a logical fit with wind power catching offshore winds to pump the water up, and doesn't have to worry about such things like evaporation or constructing the lower reservoir.