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

Marine Energy Documents Related to Levelized Cost of Energy

Tethys Engineering is a knowledge hub that contains documents and resources about the technical aspects of marine energy development. The table below contains all of the documents in the Tethys Engineering Knowledge Base associated with Levelized Cost of Energy.

Total: 366

Title Author Date Type of Content Technology Collection Method Engineering
Modeling, energy analysis and feasibility assessment of ocean thermal power plant in Malaysia Nakib, T., Hasanuzzaman, M., Rahimi, N. Journal Article OTEC
Evaluating the Offshore and Onshore Ocean Thermal Energy Conversion Potential in Jamaica Using PCA-Based Site Selection Williams, Z., Lee, H. Journal Article OTEC Modeling
Maynooth Wave Energy Workshop 2026 Carrieann, B., Lewis, T., Barry, C. Presentation Wave Field Data, Lab Data, Modeling, Test Center Control, Performance
Hybrid offshore renewable energy harvest system: a review Ma, Y., Cui, L., Zhou, H. Journal Article Wave Lab Data, Modeling Hybrid Devices
A comprehensive evaluation of wave energy conversion to power desalination plants: The Portuguese case-study Clemente, D., Ramos, V., Ferreira, B. Journal Article Wave, Point Absorber Performance
Techno-economic assessment of wave energy converters arranged on an octagonal platform using multiple financial parameters Chen, B., Luan, Z., He, G. Journal Article Wave
Optimizing energy futures in the Maldives: A study of Ocean Thermal Energy Conversion technology energy Mixes Saadha, A., Ishihara, K, Ogawa, T. Journal Article OTEC Modeling
Fused portfolio optimization for harnessing marine renewable energy resources Maceda, M., Miller, R., Faria, V. Journal Article Current Modeling Performance
Power take-off co-design and LCoE reduction of a hinged-type wave energy converter using a genetic algorithm Liao, Z., Li, G., Apsley, J. Journal Article Wave, Point Absorber Scale Device Power Take Off
Off-grid shore-to-ship power system optimization with a hydrogen-in-loop buffering scheme driven by hydrokinetic wave-wind energy Taghavifar, H., Bordin, C., Chen, H. Journal Article Current, Wave
Framework for integrating ocean wave power into maritime microgrids Seongho, A., Quiroz, J., Neary, V. Journal Article Wave, Oscillating Water Column Modeling Grid Integration, Hybrid Devices
Wave Energy Conversion to Decarbonize Offshore Aquaculture: Multi-Level Techno-Economic Analysis for a Case Study in Peniche, Portugal Bertrand, M., Giannini, G., Majidi, A. Journal Article Wave, Oscillating Wave Surge Converter Modeling
White Paper on OTEC 2.0: Advancing Deployment and Innovation Brito e Melo, A., Bastos, P., Baltazar, J. Report OTEC Full Scale, Scale Device Grid Integration, Hybrid Devices, Materials, Mooring, Structural, Substructure
Techno-Economic Analysis of Marine Hybrid Clusters for Use in Chile and Mexico Gorr-Pozzi, E., Olmedo-González, J., Selman-Caro, D. Journal Article Wave, Overtopping, Attenuator Modeling Grid Integration, Hybrid Devices, Performance
A Levelized Cost of Energy (LCOE) Analysis of a Reverse Electrodialysis (RED) Plant in Tuxpan, Mexico Ortiz, M., Rivera, G., Mendoza, E. Journal Article Salinity Gradient, Reverse Electrodialysis Modeling
Wave Energy Conversion to Decarbonize Offshore Aquaculture: Multi-Level Techno-Economic Analysis for a Case Study in Peniche, Portugal Bertrand, M., Giannini, G., Majidi, A. Journal Article Wave, Oscillating Wave Surge Converter
Integrated tidal power potential in the Seto Inland Sea in Japan with cost–benefit analysis Aljber, M., Lee, H., Jeong, J. Journal Article Current, Tidal
Techno-economic analysis of floating ocean current power plant of Haya Strait Indonesia Rumaherang, W., Elim, H., Latununuwe, A. Journal Article Current, Axial Flow Turbine Modeling Performance
Lowest cost 24/7 Clean Energy Corporation Center of Excellence in Marine Sciences (CEMarin) Webpage Wave, Point Absorber
Comparison of floating offshore wind and tidal range for green hydrogen production and storage for industrial decarbonization Pegler, D., Rawlinson-Smith, R., Michele, S. Conference Paper Current, Tidal Performance
Future wave energy evolution in the Bay of Biscay for different converters Ezpeleta, H., Ulazia, A., Aristondo, O. Journal Article Wave Modeling Performance
Ocean thermal energy conversion (OTEC) potential in central American and Caribbean regions: A multicriteria analysis for optimal sites Calvo, M., Lee, H. Journal Article OTEC, Closed-Cycle Modeling
Economic and Exergy Assessments for Ocean Thermal Energy Conversion Using Environment-Friendly Fluids Lu, H., Fan, C., Li, D. Journal Article OTEC, Closed-Cycle Modeling Power Take Off
Integrated Offshore Wind and Wave Energy: Dynamic Interactions and Economic Potential of Hybrid Systems Ahmed, A., Haji, M. Conference Paper Wave, Point Absorber Hybrid Devices, Hydrodynamics, Performance
Benchmark of numerical modeling approaches on the systematic performance evaluation of wave energy converters Tan, J., Coe, R., Lavidas, G. Journal Article Wave, Point Absorber Modeling Performance
Transatlantic Forecasting and Spatial Yield Mapping of Co-Located Offshore Wind and Wave Energy Using Deep Learning: A Framework for Energy Optimization and Grid Integration Schaarschmidt, P., Khan, S. Conference Paper Wave Modeling Hybrid Devices
Generalized portfolio optimization for efficiently coordinating offshore energy deployments Maceda, M., Nisar, S., Fuentes, J. Conference Paper Wave Modeling
Adaptive Blade Control Using Data-Driven Optimization for Ocean Current Turbines: A Hybrid Simulation Framework Atre, A., Roetzer, J., Janke, B. Presentation Current, Axial Flow Turbine Modeling Hydrodynamics, Structural
Scaling Down a Wave Energy Converter to Match the Wave Spectrum of the North Carolina Coast Gursel, M., Miller, R., Karayaka, B. Presentation Wave Modeling
The Neowave wave energy converter: Development, simulations and testing Montoya, J. Presentation Wave, Point Absorber Lab Data, Modeling Power Take Off
Exploring Symbiotic Synergies in Hybrid Wind-Wave Energy Systems for Enhanced Efficiency and Cost Reduction Ahmed, A., Haji, M Presentation Wave, Point Absorber, Oscillating Wave Surge Converter Modeling Hybrid Devices
Control co-design for wave energy systems Ringwood, J. Journal Article Wave Modeling Control, Hydrodynamics, Mooring, Performance, Power Take Off
Sequential design optimization with Bayesian approach for cost-competitive levelized cost of energy of a wave energy converter with adaptive resonance Meduri, A. , HeonYong, K. Journal Article Wave Modeling Performance, Power Take Off
Technoeconomic optimization of coaxial hydrokinetic turbines Hassan, M., Bryant, M., Mazzoleni, A. Journal Article Current, Axial Flow Turbine, Ocean Current
Multi-scale concurrent design of a 100 kW wave energy converter Mi, J., Huang, J., Yang, L. Journal Article Wave, Oscillating Wave Surge Converter Lab Data, Modeling, Test Center, Full Scale, Scale Device Control, Power Take Off, Structural
Marine spatial planning techniques with a case study on wave-powered offshore aquaculture farms Ewig, G., Hasankhani, A., Won, E. Journal Article Wave Modeling
Future role of ocean thermal energy converters in a 100% renewable energy system on the case of the Maldives Keiner, D., Langer, J., Gulagi, A. Journal Article OTEC Modeling
Optimal design of hybrid ocean thermal energy and solar pond system Fan, C., Zhang, C. Journal Article OTEC, Hybrid-Cycle Modeling Hybrid Devices, Power Take Off
Ocean energy enabling a sustainable energy industry transition for Hawaiʻi Lopez, G., Satymov, R., Aghahosseini, A. Journal Article Wave, Point Absorber Modeling
Understanding the uncertainty in the technical performance level assessment for wave energy Trueworthy, A., Roach, A., DuPont, B. Journal Article Wave Performance
Floating wave energy farms: How energy calculations shape economic feasibility? Castro-Santos, L., Cordal-Iglesias, D., Filgueira-Vizoso, A. Journal Article Wave, Point Absorber Modeling Performance
Health-sensitive control of wave energy converters: A primer Ziaei, A., Said, H., Ringwood, J. Journal Article Wave
White Paper OTEC Baltazar, J. Report OTEC Full Scale, Scale Device Grid Integration, Materials, Mooring, Structural, Substructure
Synergistic Integration of Multiple Wave Energy Converters with Adaptive Resonance and Offshore Floating Wind Turbines through Bayesian Optimization Meduri, A. , Kang, H. Journal Article Wave Modeling Array Effects, Hydrodynamics, Performance
Control Co-design for Confinement-exploiting Arrays of Cross-flow Turbines Polagye, B., Franck, J., Wiebe, R. Presentation Current, Cross Flow Turbine Lab Data, Modeling Array Effects, Performance, Substructure
Towards Disruptive LCOE: Empirical Validation of a Surface-Piercing, Vertical-Axis, Variable-Pitch, Marine Hydro-Kinetic Turbine Hill, E., Schmid, J., Beninati, L. Presentation Current, Riverine Field Data, Scale Device Performance
Optimal sizing of a hybrid OTEC-diesel system with battery energy storage for fish farming application Sadoughipour, M., Fung, S., Tang, Y. Conference Paper OTEC, Closed-Cycle Modeling Performance
An Analytical Generator for Wave Energy Converter Optimization Using Co-Design Methods Anderson, M., Roach, A., Gaebele, D. Conference Paper Wave, Point Absorber Modeling Performance, Power Take Off
Optimal sizing of a hybrid OTEC-diesel system with battery energy storage for fish farming application Sadoughipour, M., VanZwieten, J., Fung, S. Presentation OTEC, Hybrid-Cycle Modeling
Evaluating the economic viability of near-future wave energy development along the Galician coast using LCoE analysis for multiple wave energy devices deCastro, M., Lavidas, G., Arguilé-Pérez, B. Journal Article Wave, Overtopping, Point Absorber, Oscillating Water Column, Oscillating Wave Surge Converter, Attenuator
Displaying 1 - 50 of 366 results