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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
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
Theoretical analysis on temperature-lifting cycle for ocean thermal energy conversion Zhang, Z., Yuan, H., Yi, S. Journal Article OTEC, Closed-Cycle Modeling Performance
Integration of ocean thermal energy conversion and pumped thermal energy storage: system design, off-design and LCOS evaluation Ghilardi, A., Baccioli, A., Frate, G. Journal Article OTEC, Closed-Cycle Modeling Hybrid Devices, Performance
Adaptive systematic optimization of a multi-axis ocean wave energy converter Shadmani, A., Nikoo, M., Gandomi, A. Journal Article Wave, Point Absorber Modeling Hydrodynamics, Performance
Performance comparison of pelamis, wavestar, langley, oscillating water column and Aqua Buoy wave energy converters supplying islands energy demands Jahangir, M., Alimohamadi, R., Montazeri, M. Journal Article Wave, Point Absorber, Oscillating Water Column, Oscillating Wave Surge Converter, Attenuator Modeling Hybrid Devices, Performance
Review on research approaches for multi-point absorber wave energy converters He, G., Luan, Z., Zhang, W. Journal Article Wave, Point Absorber Modeling Control, Hydrodynamics
Reviewing the energy, environment, and economy prospects of Ocean Thermal Energy Conversion (OTEC) systems Aresti, L., Christodoulides, P., Michailides, C. Journal Article OTEC
Summary report on the impact of high fidelity flow data field work and analysis on LCoE of Normandie Hydroliennes tidal project TIGER Tidal Stream Energy Enegiser Report Current, Axial Flow Turbine Field Data, Modeling Hydrodynamics
The global techno-economic potential of floating, closed-cycle ocean thermal energy conversion Langer, J., Blok, K. Journal Article OTEC, Closed-Cycle Modeling
Offshore versus onshore: The underestimated impact of onshore wind and solar photovoltaics for the energy transition of the British Isles Diesing, D., Bogdanov, D., Satymov, R. Journal Article Modeling
Techno-economic feasibility of marine eco-parks driven by wave energy: A case study at the coastal arid region of Mexico Gorr-Pozzi, E., Garcia-Nava, H., Garcia-Vega, F. Journal Article Wave
HAPiGYM: Two Rapid Prototyping Environments for Wave Energy Control Price, A., Campos-Gaona, D., Davey, T. Conference Paper Wave Lab Data, Modeling Control, Structural
Wave-to-Wire Control of an Oscillating Water Column Wave Energy System Equipped with a Wells Turbine Rosati, M., Said, H., Ringwood, J. Conference Paper Wave, Oscillating Water Column Modeling Control, Hydrodynamics, Performance
Spectral control co-design of wave energy converter array layout Peña-Sanchez, Y., Garcia-Violini, D., Penalba, M. Conference Paper Wave Lab Data, Modeling Array Effects, Control
Leveraging Explainable Artificial Intelligence for Real-time Detection of Tidal Blade Damage Syed, M., Goggins, J., Shahryar Conference Paper Current, Tidal Modeling Structural
Reliability and Cost Assessment of Critical Components: Electrical generator failure of IDOM wave energy converter Chozas, J., Johannesson, P., Cruz, J. Conference Paper Wave Lab Data Performance
Development of control strategies for novel systems of a full scale OWC for the WEDUSEA project Kelly, J., Lewis, T., Barrett, S. Conference Paper Wave, Oscillating Water Column Modeling, Full Scale Control, Grid Integration, Performance
Weight Reduction Methodologies for Wave Energy Devices O'Shea, M., Sharvin, R. Conference Paper Wave, Oscillating Water Column Lab Data, Modeling Materials, Structural
Effects of projected wave climate changes on the sizing and performance of OWCs: a focus on the Mediterranean and Atlantic European coastal waters Simonetti, I., Cappietti, L. Conference Paper Wave, Oscillating Water Column Lab Data Structural
Hybrid wind-wave systems: The case of the VolturnUS-S semi-submersible platform Hengstmann, M, Portillo, J., Gato, L. Conference Paper Wave, Oscillating Water Column Modeling Structural
4E analyses and multi-objective optimization for an innovative solar-ocean thermal energy conversion/air conditioning system Tian, Z., Zou, X., Zhang, Y. Journal Article OTEC, Closed-Cycle Modeling Hybrid Devices, Performance
Ocean Thermal Energy Conversion (OTEC): Economics Update (2023) Vega, L. Report OTEC
Role and Value of Tidal Stream Generation in the Future UK Energy System Further Sensitivity Studies Pudjianto, D. Report Current, Tidal Modeling
A comparison of two wave energy converters' power performance and mooring fatigue characteristics – One WEC vs many WECs in a wave park with interaction effects Shao, X., Ringsberg, J., Yao, H. Journal Article Wave, Point Absorber Field Data Array Effects, Hydrodynamics, Mooring, Performance, Structural
Delivering Net Zero: Forecasting Wave and Tidal Stream Deployment in UK Waters by 2050 Grattan, K., Jeffrey, H. Report Current, Tidal, Wave Modeling
Wave Energy Array Optimization in Irregular Waves Liu, S. Thesis Wave, Point Absorber Modeling Array Effects, Performance
TIGER Site Development Report The Raz Blanchard T3.2.1 TIGER Tidal Stream Energy Enegiser Report Current
Mooring designs for a combined wind and wave energy system in intermediate water depth Fjermedal, S. Thesis Wave Modeling Mooring
A novel methodology for the holistic assessment of wave energy technologies at early design stages Ruiz-Minguela, P. Thesis Wave Performance
Paradigmatic case of long-term colocated wind–wave energy index trend in Canary Islands Ulazia, A., Sáenz, J., Saenz-Aguirre, A. Journal Article Wave, Oscillating Water Column Modeling Performance
TIGER Data Collection and Survey Best Practice Report 2022 University of Exeter Report Current, Tidal Modeling
Estimating the cost of wave energy converters at an early design stage: A bottom-up approach Giglio, E., Petracca, E., Paduano, B. Journal Article Wave
Techno-economic analysis of In-stream technology: A review Bajpai, U., Singpal, S. Journal Article Current, Axial Flow Turbine, Tidal Performance, Structural
TIGER Site Report Isle of Wight TIGER Tidal Stream Energy Enegiser Report Current
Impacts of tidal stream power on energy system security: An Isle of Wight case study Coles, D., Wray, B., Stevens, R. Journal Article Current, Tidal Modeling Grid Integration, Performance
Energy harvesting performance of a tandem-hydrofoil based closely-interconnected tidal array Wang, G., Feng Ng, B. Journal Article Current, Oscillating Hydrofoil, Tidal Lab Data, Modeling Array Effects, Performance, Structural
Explore the influence of intermediate extraction on thermodynamic performance and economy of Uehara cycle Zhu, K., Bian, Y., Liu, Y. Journal Article OTEC, Closed-Cycle Modeling Performance
Energy, economic and environmental (3E) evaluation of a hybrid wind/biodiesel generator/tidal energy system using different energy storage devices for sustainable power supply to an Indian archipelago Dash, R., Mohanty, B., Hota, P. Journal Article Current, Tidal Modeling Grid Integration, Hybrid Devices
A review of the levelized cost of wave energy based on a techno-economic model Guo, C., Sheng, W., Silva, D. Journal Article Wave
A generalized disjunctive programming model for the optimal design of reverse electrodialysis process for salinity gradient-based power generation Tristán, C., Fallanza, M., Ibanez, R. Journal Article Salinity Gradient, Reverse Electrodialysis Modeling Structural
The power balancing benefits of wave energy converters in offshore wind-wave farms with energy storage Kluger, J., Haji, M., Slocum, A. Journal Article Wave Modeling Grid Integration, Hybrid Devices
What are the UK power system benefits from deployments of wave and tidal stream generation? Pennock, S., Jeffrey, H. Report Current, Tidal, Wave Modeling
Towards cost-effective osmotic power harnessing: Mass exchanger network synthesis for multi-stream pressure-retarded osmosis systems Xu, J., Liang, Y., Luo, X. Journal Article Salinity Gradient, Pressure-Retarded Osmosis Modeling Performance, Substructure
Clean power generation from salinity gradient using reverse electrodialysis technologies: Recent advances, bottlenecks, and future direction Chae, S., Kim, H., Hong, J. Journal Article Salinity Gradient, Reverse Electrodialysis Lab Data, Modeling Performance
Advantages and Synergies of Arrays in Offshore Energy Buckley, F. Presentation Wave Grid Integration
Optimising tidal arrays using the DTOceanPlus design tools Noble, D. Presentation Current, Axial Flow Turbine Modeling
Potential sites for the use of ocean energy in the Mexican Caribbean Chávez, V., Barcenas, J., Martínez, M. Journal Article Current, Ocean Current, Wave, OTEC
Analysis of Power Performance and Mooring Fatigue Damage for Wave Energy Parks Shao, X. Thesis Wave, Point Absorber Modeling Mooring, Performance
Mediterranean coastal wave-climate long-term trend in climate change scenarios and effects on the optimal sizing of OWC wave energy converters Simonetti, I., Cappietti, L. Journal Article Wave, Oscillating Water Column Modeling Performance, Structural
Displaying 101 - 150 of 398 results