I am thinking, "Bigger is Better", the waterwheel I have in mind is stationary as supported by foundation post, as seen in the first image of first post in this thread.
However, the diameter might be changed according to water depths, and therefore possibly longer in length to capture more power.It appears to me that the popular version of wave energy technology is one that is tether while afloat.
This may work but I don't see it as a better producer than the model I am presenting, which is, "not", "tethered", but anchored to the Ocean floor.
Generally speaking I have not seen the likes of this type of, "energy producer", as this fact can be important to the designer/inventor, etc.
Realizing there is quite a bit of math to create R&D progress, I think the concept is worth consideration as an alternative source of energy, and as seen herein is the "Turbine-Power Wheel".
It can used to harness energy from incoming tides as well as currents both on the surface and sub-aquatic, and many fathoms under the sea where inter-continental currents transverse the globe, anchored to the ocean floor by virtue of the foundation post.
Water Wheel Concept Envisioned At Low Tide
In a way this concept is the opposite of the water wheel that was once used to power river boats, instead of energy turning it in the water, the water turns it into energy, with that in mind, my gut feeling tell me it will produce more energy that a turbine powered by a blade in the water, that resembles something like a wind generator.As seen here;