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- Thesis:
Kenny
… to global energy security and sustainability. However, the high initial Levelised Cost Of Energy (LCOE) of MRE, as well as issues with survivability and reliability, present challenges for its … This is achieved by monitoring critical subsystems for the detection and prediction of faults and allowing for maintenance personnel to take mitigating action prior to subsystem or …
- Thesis:
Hudson
… decades, offshore renewable energy is expected to play a crucial role in the decarbonisation of global electricity supply essential for limiting anthropogenic greenhouse gas emissions to an acceptable level. The cost of utilising expensive vessels to install and maintain these marine energy devices represents a significant proportion of their life-cycle cost and one of the major barriers to their continued development. It is …
- Journal Article:
MacGillivray et al.
… as an analytical tool for technology forecasting involves making assumptions over a range of key uncertainties, often implicitly. In this paper, we present an explicit treatment of the key uncertainties involved in learning rates' analyses of marine energy innovation (wave and tidal stream) — technology fields attracting considerable …
- Journal Article:
de Andres et al.
… The purpose of this work is to provide an innovative tool based on the classic Levelised Cost of Energy (LCOE) which gives an overview of the limits for the technical parameters of Wave Energy Converters (WECs). In this case, the …
- Journal Article:
Friedrich and Lavidas
… generators and energy storage are becoming cost competitive. Diesel usually provides about 10% of the demand because most renewables are non-dispatchable and thus the complete decarbonisation … storage and renewable generation capacities. Here a framework for the design and optimisation of HES using wind, wave and solar generation and DSM is introduced. For the Mediterranean it is … has lower benefits because waves act as an energy store for the wind. Thus, the combination of wave energy converters (WECs) and wind turbines significantly reduces the need for backup …
- Conference Paper:
Hudson et al.
… Installation, operations and maintenance costs represent one of the major barriers to the growth of wave and tidal-stream energy projects and a cost that can be significantly reduced in offshore … strategies can help minimise these costs. To achieve realistic and comprehensive estimates of project duration using these tools, it is essential to represent accurately the durations and …
- Conference Paper:
Stiven et al.
… This research examines the impact of accuracy in tidal current energy resource assessment on the likely economics of a tidal array project, ultimately estimating the impact of resource uncertainty on overall lifetime project economics. The analysis utilises field data …
- Journal Article:
Bucher and Couch
… One of the key challenges in marine energy is to achieve funding for commercial-scale project … the necessary capital investment, the expected profit margins, and the corresponding cost of capital. The paper examines this relationship for tidal current schemes and provides a method … de-risk early-stage project initiatives. The possibility to select a preferred ratio of ‘capital investment’ to ‘profit’ widens the circle of potential investors and accelerates the …
- Journal Article:
Thomaz et al.
… Of the cost centres that combine to result in Levelised Cost of Energy (LCOE), O&M costs play a significant part. Several developers have calculated component costs, demonstrating how they can become commercially competitive with other forms of renewable energy. However, there are uncertainties relating to the O&M figures that can only …
- Conference Paper:
van Lanschot et al.
… in resource rich deeper more distant waters. The development in these fields is often ahead of policy, regulation and infrastructure. Previous studies often utilise spatial analytics to … make assessments but often overlook grid requirements. In order to address this issue a series of spatial analytic and electrical power flow models have been established to form a novel … power flow dispatch model. It was found that sensitivity analysis was needed at each stage of the modelling process. However, it forms the basis of strategic development tool that could be …
- Conference Paper:
Garcia-Teruel et al.
… Wave Energy Converter structures are associated with the highest percentage share of LCOE costs, however, existing geometry optimization studies just consider maximization of power production and, in some cases, mass as a proxy for structural costs. How to include cost … discussed here. Two different methodologies - depending on the available information and goal of the study - are presented, and example cases for these are given. The results show the …
- Journal Article:
Pennock et al.
… This work investigates potential cost reduction trajectories of three emerging offshore renewable energy technologies (floating offshore wind, tidal stream, … SET-Plan levelised cost targets. Component-based experience curves have been applied as part of the methodology, characterised through the comparative maturity level of each technology-specific cost centre. The resultant early-stage target costs are then compared …
- Journal Article:
Pisetta et al.
… predictable renewable energy. New technology is needed to decrease the levelized cost of energy and to make this energy sector competitive in the energy market. A key area where … costs is mitigating the hydrodynamic load fluctuations, and thus increasing the fatigue life of the turbine. Here, we formulate a passive morphing blade concept that aims to mitigate the … elastically can suppress virtually all fluctuations without varying the mean loads. The effect of the hydrodynamic and blade's inertia, the material damping, and the radial shear stress, …
- Conference Paper:
Caraher et al.
… useful technology for wave power applications. Typically, optimisation and comparison of these generators is based on an electromagnetic analysis with limited regard for the structural analysis. This paper presents a comparison of two alternative designs of the double-sided linear permanent magnet synchronous machine which includes structural and …
- Report:
Wong and Jeffrey
… The Supergen Offshore Renewable Energy (ORE) Hub and the Policy and Innovation Group of University of Edinburgh has jointly published four reports investigating the potential of ocean energy …
- Conference Paper:
Ferguson et al.
… is intermittent, so energy storage technologies are necessary to ensure a secure supply of energy. One option is hydrogen, which has applicability for seasonal energy storage and as … grid electricity is not used, by reducing minimum plant capacities. This shows the importance of choosing favourable business models and plant operation strategies when developing proposals. …
- Conference Paper:
Stallard et al.
… Although many marine energy technologies are presently being developed, only a small number of devices have generated electricity from the marine environment. From such a small experience base it is difficult to independently assess the economic feasibility of alternative technologies for large-scale electricity generation. With a few notable exceptions, much of the published work on marine energy costing concerns relatively small deployments (up to …
- Journal Article:
de Andres et al.
… stage, with several challenges standing between the sector’s current status and the goal of commercial deployment. The study of how to reduce the cost of energy, to a level competitive with renewable energy alternatives, is an important aspect of …
- Conference Paper:
Andres et al.
… Due to the emergent status of ocean energy technologies, the study of how to reduce the cost of energy to a level competitive with other renewable energy alternatives is an important aspect …
- Conference Paper:
Dooher et al.
… A great deal of energy can potentially be generated using underwater tidal current turbines. These operate in … is roughly 800 times denser than air can harvest more energy. Moreover, one major advantage of tidal current energy over other forms of renewable energy is that underwater currents and tides are predictable and the energy …
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