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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: 398

Title Author Date Type of Content Technology Collection Method Engineering
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
Numerical analysis of flow configuration and channel design for thermoelectric OTEC systems Wu, C., Tseng, W.L., Wang, B.X. Journal Article OTEC Modeling Hybrid Devices
Underestimated Kuroshio power and its potential sites off Southeast Taiwan Chang, Y-C., Wu, C-R., Chu, P. Journal Article Current, Ocean Current Field Data, Modeling
Advancements and challenges in tidal stream and oceanic current turbines: an overview of current technologies and future prospects Boretti ,A. , Castelletto, S. Journal Article Current, Axial Flow Turbine, Cross Flow Turbine, Tidal, Ocean Current Modeling Array Effects, Performance
Techno-Economic Analysis of Combined Onshore Ocean Thermal Energy Conversion Technology and Seawater Air Conditioning in Small Island Developing States Saadha, A., Ishihara, K, Ogawa, T. Journal Article OTEC, Closed-Cycle Modeling Performance
Combined renewable resource exploitation: Implications for the all-island Irish electricity supply system Said, H., Skiarski, A., Ringwood, J. Journal Article Current, Tidal, Wave Grid Integration
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
Optimal control strategy for enhancing energy efficiency of Pelamis wave energy converter: a Simulink-based simulation approach Vakili, A., Pourzangbar, A., Ettefagh, M. Journal Article Wave, Oscillating Wave Surge Converter 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
Ocean Wave Energy Conversion: A Review Bouhrim, H., Marjani, A., Nechad, R. Journal Article Wave, Oscillating Water Column, Oscillating Wave Surge Converter Modeling
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
Techno-economic assessment of global and regional wave energy resource potentials and profiles in hourly resolution Satymov, R., Bogdanov, D., Dadashi, M. Journal Article Wave, Point Absorber Modeling
Wave energy converter farm feasibility assessment in southwest Baja California, Mexico Sánchez, A., Mendoza, E. Journal Article Wave Field Data Array Effects
Developing a Wave Energy Converter in Offshore Environments with Sea Ice Kolset, A. Thesis Wave, Point Absorber
The Potential of Osmotic Energy in the EU Jentsch, S., Sandt, M., Birth-Reichert, T. Report Salinity Gradient
Techno-Economic Analysis of Oscillating Surge Wave Energy Converters Dickerson, C., Elsawaf, N., Abdel-Salam, T. Conference Paper Wave, Oscillating Wave Surge Converter Modeling
Ocean Thermal Energy Conversion (OTEC) Economics: Updates and Strategies Vega, L., Martin, B. Report OTEC Modeling
Tidal Stream Technology Roadmap ORE Catapult Report Current, Tidal Performance
Economic feasibility study for wave energy conversion device deployment in Faroese waters Joensen, B., Bingham, H. Journal Article Wave, Overtopping, Point Absorber, Oscillating Water Column, Oscillating Wave Surge Converter, Attenuator Modeling Array Effects
Techno-economic assessment of offshore wind and hybrid wind–wave farms with energy storage systems Gao, Q., Bechlenberg, A., Jayawardhana, B. Journal Article Wave Modeling
Technical-economic assessment for the construction of tidal stream turbines in Valle del Cauca, Colombia Salazar, A., Garcia, J., Rueda-Bayona, J. Conference Paper Current, Axial Flow Turbine, Riverine
The Neowave wave energy converter: Technical and financial approach Posada, J. Presentation Wave, Point Absorber Lab Data Performance, Structural
The Neowave wave energy converter: Technical and financial approach. Posada, J. Conference Paper Wave, Point Absorber
Aquatic Renewable Energy Potential in Colombia: A Preliminary Study Colmenares-Quintero, R., Rojas, N., Baquero-Almazo, M. Conference Paper Current, Wave, Salinity Gradient, OTEC
Prefeasibility design of a tidal barrage power plant in Tumaco, Colombia Maya, M., Rueda-Bayona, J. Conference Paper Current, Tidal
Optimization of a wave energy park using a spectral wave model and a binary genetic algorithm Santiago-Ojeda, E., Garcia-Nava, H., Gutiérrez-López, E. Conference Paper Wave Modeling
Potential of renewable energies from ocean resources in the Colombian Caribbean Peña, J., Garcia, D., Illidge, J. Conference Paper Current, Tidal, Wave, Salinity Gradient, OTEC
Techno-economic Modeling of Marine Energy Systems with the System Advisor Model Baca, E. Conference Paper Current, Tidal, Wave Modeling Performance
Role of R717 blends in ocean thermal energy conversion organic Rankine cycle Hu, Z., Chen, Y., Zhang, C. Journal Article OTEC, Closed-Cycle Modeling Performance
Theoretical, numerical and experimental research on an innovative ocean thermal energy conversion coupled VMD desalination system Ma, Q., Liu, X., Tong, L. Journal Article OTEC, Closed-Cycle Lab Data, Modeling
Machine learning-based diagnosis in wave power plants for cost reduction using real measured experimental data: Mutriku Wave Power Plant M'zoughi, F., Lekube, J., Garrido, A. Journal Article Wave, Oscillating Water Column Field Data Power Take Off
A systematic methodology to assess local economic impacts of ocean renewable energy projects: Application to a tidal energy farm Bianchi, M., Fernandez, I. Journal Article Current, Tidal Modeling
Displaying 51 - 100 of 398 results