Abstract
This blog post introduces a new series of lowest cost 24/7 clean energy studies from CorPower Ocean, highlighting the value wave energy will play in future energy systems. For the north Scotland, the findings show that integrating wave energy can significantly reduce the required capacity in generation requirements, storage requirements, and cut the cost of 24/7 clean energy up to 20% by 2050.
As countries accelerate their shift to 100% renewable energy, identifying the most cost-effective combination of technologies becomes a critical challenge. A new study from CorPower Ocean explores how wave energy can complement existing renewables and storage solutions to reliably supply 500 MW of consistent demand with 95% renewable electricity in northern Scotland. The central question driving this analysis is: “What role can wave energy play in achieving a minimum cost clean energy mix?”.