By numerically solving the equations of magnetohydrodynamics in time a
nd one spatial coordinate we show that non-linear effects lead to sign
ificantly increased dissipation rates for linearly polarised Alfven wa
ves of high amplitude. The increased dissipation rate is a result of t
he appearance of current sheets at magnetic pressure minima during the
evolution of the wave. We discuss the relevance of this mechanism for
the energetics of solar and stellar coronae. The Alfven waves in the
lower solar corona are of too low amplitude for this mechanism to be i
mportant, but it may be operative in the solar wind as well as in the
coronae of late-type giants.