A device for the generation of energy and in particular electrical energy includes a cell or chamber which moves upwardly and downwardly in a body of water. Cog wheels are connected to the cell. The cog wheels are connected to the shafts of generators. Rotation of the cog wheels operates the generators which produce energy. The cog wheels engage anchor chains or vertical supports. One end of each anchor chain is secured to an anchor located at the bottom of the body of water. The other end of the anchor chain is secured to a float which floats at or near the surface of the body of water. The up and down movement of the cell causes the cog wheels to move upwardly and downwardly along the anchor chains and thereby rotate. This rotation drives the energy generator and generates energy, preferably electricity. The cog wheels are permitted to rotate upon the receipt of a request for energy. This results in a highly efficient source of energy or electricity.