A wave-powered electric power plant comprising an energy absorbing member made in the shape of a flexible longitudinal body freely located in slots of several guideways, each guideway having the capability of turning about a common working shaft with a transmission installed on a floating platform, transferring axial torque to the working shaft only in one direction, and making it possible for the flexible longitudinal body to take the shape of a spiral rotor with parameters corresponding to the dimensions of on-coming water surface waves, distinct in that it comprises:
- at least two working shafts that have sufficient buoyancy and, along with transmitting axial torque, perform the function of the floating platform;
- transverse frames connecting the working shafts to each other;
- and
- umbrella-like dampers to stabilize the electric power plant's position in stormy seas.