There's a good profile of Saul Griffith in last week's New Yorker. One of the companies he started, Makani Power, wants to use tethered UAVs (shown above) to generate power. Here's the relevant excerpt from the article. (Sorry about the scan, the New Yorker doesn't give out full text of most of its articles): Click for full size.
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We have a space elevator here at work. It just goes to the third floor right now, but I'm hopeful that technology will allow it to reach the moon some day. We're a lot closer than anyone thinks as far as being able to do this. Oh, and by the way, I also believe in Santa Claus.
It would fly just like a stunt kite, either in large circles or figure eights.
I have flown stunt kites and run R/C sailboats... I know taht the power and speed you can get flying "close" to the wind is incredible.
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