This talk will describe recent studies of how time-dependent, unsteady flow physics can be exploited to improve the performance of energy harvesting systems such as wind turbines. A theoretical analysis will revisit the seminal Betz derivation to identify the role of unsteady flow from first principles. Following will be a discussion of an experimental campaign to test the predictions of the theoretical model. Finally, a new line of research related to turbulence transition and inspired by the work of T. Brooke Benjamin will be introduced.