Levelized Cost of Energy

Analysis of energy cost over the lifetime of device.

The levelized cost of energy (LCOE) is a measure of a device’s lifetime costs divided by energy production. This measure allows for the comparison of different technologies of unequal life spans, project size, capital cost, and capacities. Key inputs to calculating LCOE include financing, manufacturing, deployment, operation, maintenance, and decommissioning costs.

Photo: Verdant Power

Affiliated Marine Energy Engineering Documents

Total results: 292
Title Author Date Type of Content Technology Collection Method Engineering
Techno-Economic Modelling of Tidal Energy Converter Arrays in the Tacoma Narrows Topper, M., Olson, S., Roberts, J. Journal Article Current, Tidal Modeling Mooring
Identifying economically viable tidal sites within the Alderney Race through optimization of levelized cost of energy Goss, Z., Coles, D., Piggott, M. Journal Article Current, Tidal Modeling Array Effects
A low cost Hydrokinetic Wells turbine system for oceanic surface waves energy harvesting Valizadeh, R., Abbaspour, M., Taeibi Rahni, M. Journal Article Wave Modeling
Renewable integration for remote communities: Comparative allowable cost analyses for hydro, solar and wave energy Robertson, B., Bekker, J., Buckham, B. Journal Article Wave
Experimental investigation of multiple Oscillating Water Column Wave Energy Converters integrated in a floating breakwater: Energy extraction performance Howe, D., Nader, J., Macfarlane, G. Journal Article Wave, Oscillating Water Column Lab Data, Modeling, Scale Device Hydrodynamics, Mooring, Performance, Power Take Off
Structural design implications of combining a point absorber with a wind turbine monopile for the east and west coast of Ireland O'Kelly-Lynch, P., Long, C., McAuliffe, F. Journal Article Wave, Point Absorber Hybrid Devices, Structural
The Economic Feasibility of Floating Offshore Wave Energy Farms in the North of Spain Castro-Santos, L., Bento, A. , Guedes Soares, C. Journal Article Wave
A Metric Space with LCOE Isolines for Research Guidance in wind and hydrokinetic energy systems Garcia-Sanz, M. Journal Article Current, Tidal, Wave
Layout Optimization Process to Minimize the Cost of Energy of an Offshore Floating Hybrid Wind–Wave Farm Izquierdo-Perez, J., Brentan, B., Izquierdo, J. Journal Article Wave Modeling Hybrid Devices
A Tidal Resource Evaluation-Based Method for Tidal Current Generation Farm Allocation Considering the Directionality of Tidal Currents Li, H., Ren, Z. Journal Article Current, Tidal
Study of a cost model of tidal energy farms in early design phases with parametrization and numerical values. Application to a second-generation device Lopez, A., Morán, J., Núñez, L. Journal Article Current, Tidal Modeling
OTEC Maximum Net Power Output Using Carnot Cycle and Application to Simplify Heat Exchanger Selection Fontaine, K., Yasunga, T., Ikegami, Y. Journal Article OTEC, Closed-Cycle Modeling Performance, Structural
Analysis on the Influence of an Energy Storage System and its Impact to the Grid for a Wave Energy Converter Stefek, J., Bain, D., Yu, Y. Conference Paper Wave Modeling Grid Integration, Power Take Off
Turbines for modular tidal current energy converters Kaufmann, N., Carolus, T., Starzmann, R. Journal Article Current, Tidal Modeling, Full Scale Structural
Reducing variability in the cost of energy of ocean energy arrays Topper, M., Nava, V., Collin, A. Journal Article Current, Wave Modeling Array Effects
Wave energy in the Netherlands: Past, Present and Future perspectives Lavidas, G., Polinder, H. Conference Paper Wave Modeling
Application of reverse electrodialysis to site-specific types of saline solutions: A techno-economic assessment Giacalone, F., Papapetrou, M., Kosmadakis, G. Journal Article Salinity Gradient, Reverse Electrodialysis Performance, Structural
Calculation of the Levelized Cost Of Energy and the Internal Rate of Return using GIS: the case study of a floating wave energy farm Castro-Santos, L., Filgueira-Vizoso, A., Piegari, L. Conference Paper Wave
O&M Models for Ocean Energy Converters: Calibrating through Real Sea Data Thomaz, T., Crooks, D., Medina-Lopez, E. Journal Article Wave Field Data, Modeling
An Economical Cost Function for the Optimization of Wave Energy Converter Arrays Giassi, M., Castellucci, V., Engström, J. Conference Paper Wave, Point Absorber Modeling Array Effects
Design of a Multi-Source Offshore Renewable Energy Platform Engelmann, G. , Robinson, R. Conference Paper OTEC
Increasing the accuracy of initial feasibility studies-utilising numerical models to estimate the LCOE of floating tidal energy platforms McDowell, J., Jeffcoate, P., Johanning, L. Conference Paper Current, Tidal
Tidal Farm Electric Energy Production in the Tagus River Ceregeiro, J. Thesis Current, Tidal Modeling
Three years promoting the development of marine renewable energy in Chile Marine Energy Research and Innovation Center (MERIC) Report Current, Wave Modeling Materials
Co-located deployment of offshore wind turbines with tidal stream turbine arrays for improved cost of electricity generation Lande-Sudall, D., Stallard, T., Stansby, P. Journal Article Tidal Array Effects, Hybrid Devices
Decision-making based on energy costs: Comparing levelized cost of energy and energy system costs Hansen, K. Journal Article
Electricity supply to offshore oil and gas platforms from renewable ocean wave energy: Overview and case study analysis Oliveira-Pinto, S., Rosa-Santos, P., Taveira-Pinto, F. Journal Article Wave Performance
Techno-economic analysis of closed OTEC cycles for power generation Bernardoni, C., Binotti, M., Giostri, A. Journal Article OTEC Modeling Performance
Marine Energy: Levelised cost of energy (LCOE) of marine energy in Chile study Marine Energy Research and Innovation Center (MERIC) Report Current, Tidal, Wave
Tidal Stream: Opportunities for Collaborative Action Noonan, M. Report Current, Tidal
Device Selection of the Potential Wave Energy Site in Indonesian Seas Triasdian, B., Indartono, Y., Ningsih, N. Journal Article Wave Field Data
An Update On Large Scale Wave Energy Conversion van Hemmen, H., Raftery, M. Conference Paper Wave Structural
An innovative Organic Rankine Cycle (ORC) based Ocean Thermal Energy Conversion (OTEC) system with performance simulation and multi-objective optimization Wang, M., Jing, R., Zhang, H. Journal Article OTEC, Closed-Cycle Lab Data, Modeling Control, Performance
Economic framework for net power density and levelized cost of electricity in pressure-retarded osmosis Chung, H., Swaminathan, J., Banchik, L. Journal Article Salinity Gradient Modeling
First techno-economic evaluation of array configuration of self-balancing tidal kinetic turbines Barbarelli, S., Florio, G., Zupone, G. Journal Article Current, Kite Modeling Array Effects
A comprehensive evaluation of factors affecting the levelized cost of wave energy conversion projects Chang, G., Jones, C., Roberts, J. Journal Article Wave Modeling
A Mathematical Model Development for Assessing the Engineering and Economic Improvement of Wave and Wind Hybrid Energy System Moghimi, M., Derakhshan, S., Motawej, H. Journal Article Wave Modeling Hybrid Devices, Performance
Effects of Co-Located Floating Wind-Wave Systems on Fatigue Damage of Floating Offshore Wind Turbine Mooring Cables Clark, C., Paredes, G. Conference Paper Wave Hybrid Devices, Mooring
Economic Feasibility of Wave Energy Farms in Portugal Castro-Santos, L., Silva, D., Bento, A. Journal Article Wave
Integration of tidal range energy with undersea pumped storage Loisel, R., Sanchez-Angulo, M., Schoefs, F. Journal Article Current, Tidal Modeling
Current & Tidal Energy Converters Farm Levelized Cost of Energy Optimisation Based on Reliability Assessment Lariviere-Gillet, N., Klein, L., Cabon, R. Conference Paper Current, Tidal
Ocean energy in Europe: assessing support instruments and cost-reduction needs Magagna, D., Monfardini, R., Uihlein, A. Journal Article Current, Tidal, Wave
A Review of the Technologies for Wave Energy Extraction Rusu, E., Onea, F. Journal Article Wave Hybrid Devices
The Economics of Wave and Tidal Energy Iglesias, G., Astariz, S., Vazquez, A. Book Chapter Current, Wave
Comparison of Mooring Solutions and Array Systems for Point Absorbing Wave Energy Devices Ringsberg, J., Jansson, H., Yang, S. Conference Paper Wave, Point Absorber Field Data, Modeling Array Effects, Mooring
Optimized double sided linear generator for wave energy in São Paulo’s coast Fortes, J., Ferraz, L., Chabu, I. Conference Paper Wave Modeling, Full Scale, Scale Device Power Take Off
“Small is beautiful” - but will small WECs ever become commercial? Friis-Madsen, E., Soerensen, H., Russell, I. Conference Paper Wave Structural
Development of an iterative spatial assessment for regional grid connection for floating wave and wind energy arrays van Lanschot, T., Forehand, D., Jeffrey, H. Conference Paper Wave Modeling
Wave Energy Converter hull design for manufacturability and reduced LCOE Garcia-Teruel, A., Forehand, D., Jeffrey, H. Conference Paper Wave Materials, Structural
Aperiodic tidal data resource assessment and LCOE analysis of selected areas in Nigeria Amoo, L. Journal Article Current, Tidal
Displaying 151 - 200 of 292 results