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Title: LCOE Baseline for OE Buoy WEC Device

Abstract

Capex numbers are in $/kW, Opex numbers in $/kW-yr. Cost Estimates provided herein are based on concept design and basic engineering data and have high levels of uncertainties embedded. This reference economic scenario was done for a very large device version of the OE Buoy technology, which is not presently on Ocean Energy's technology development pathway but will be considered in future business plan development. The DOE reference site condition is considered a low power-density site, compared with many of the planned initial deployment locations for the OE Buoy. Many of the sites considered for the initial commercial deployment of the OE buoy feature much higher wave power densities and shorter period waves. Both of these characteristics will improve the OE buoy's commercial viability.

Authors:
; ; ;
Publication Date:
Other Number(s):
227
DOE Contract Number:  
EE0007173
Product Type:
Dataset
Research Org.:
Marine and Hydrokinetic Data Repository (MHKDR); Re Vision Consulting
Sponsoring Org.:
USDOE Office of Energy Efficiency and Renewable Energy (EERE), Wind and Water Technologies Office (EE-4W)
Subject:
16 Tidal and Wave Power
Keywords:
MHK; Marine; Hydrokinetic; energy; power; OE Buoy; wave; controls; LCOE; Ocean Energy; wave energy; WEC; USA; /kW; levelized cost of energy; ocean; buoy; economics; cost; CBS; breakdown structure; device; commercial; viability
OSTI Identifier:
1415577
DOI:
10.15473/1415577

Citation Formats

Previsic, Mirko, Karthikeyan, Anantha, Lewis, Tony, and McCarthy, John. LCOE Baseline for OE Buoy WEC Device. United States: N. p., 2017. Web. doi:10.15473/1415577.
Previsic, Mirko, Karthikeyan, Anantha, Lewis, Tony, & McCarthy, John. LCOE Baseline for OE Buoy WEC Device. United States. doi:10.15473/1415577.
Previsic, Mirko, Karthikeyan, Anantha, Lewis, Tony, and McCarthy, John. 2017. "LCOE Baseline for OE Buoy WEC Device". United States. doi:10.15473/1415577. https://www.osti.gov/servlets/purl/1415577. Pub date:Wed Jul 26 00:00:00 EDT 2017
@article{osti_1415577,
title = {LCOE Baseline for OE Buoy WEC Device},
author = {Previsic, Mirko and Karthikeyan, Anantha and Lewis, Tony and McCarthy, John},
abstractNote = {Capex numbers are in $/kW, Opex numbers in $/kW-yr. Cost Estimates provided herein are based on concept design and basic engineering data and have high levels of uncertainties embedded. This reference economic scenario was done for a very large device version of the OE Buoy technology, which is not presently on Ocean Energy's technology development pathway but will be considered in future business plan development. The DOE reference site condition is considered a low power-density site, compared with many of the planned initial deployment locations for the OE Buoy. Many of the sites considered for the initial commercial deployment of the OE buoy feature much higher wave power densities and shorter period waves. Both of these characteristics will improve the OE buoy's commercial viability.},
doi = {10.15473/1415577},
journal = {},
number = ,
volume = ,
place = {United States},
year = {2017},
month = {7}
}

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