U.S. Department of EnergyOffice of Scientific and Technical Information
Advanced TidGen Power System - LCOE Calculations and System Overview
Abstract
The TidGen Power System generates emission-free electricity from tidal currents and connects directly into existing grids using smart grid technology. The power system consists of three major subsystems: shore-side power electronics, mooring system, and turbine generator unit (TGU) device. This submission includes the Advanced TidGen cost and cost of energy metrics after critical design review for BP1, and a complete LCOE content model and LCOE reporting according to DOE guidance for the baseline system and the system with advanced technology integrated. A revised LCOE content model is also included, with more relevant market array assumptions. Additionally, this submission includes a complete system overview and component overview content models. The LCOE Content Model provides data submitters with an easy and consistent means of uploading data that can be used to calculate the levelized cost of energy for MHK devices. Data represents the design completed for the Critical Design Review conducted at ORPC in December, 2017. All values are for a single device. Note that with substantial fixed costs, larger arrays will greatly reduce LCOE. For an array in Admiralty Inlet producing 136,000 MWh, 270 devices with an array CAPEX of $540,260,052 and an array OPEX of $39,959,207 would result in anmore »
- Authors:
-
- Ocean Renewable Power Company
- Publication Date:
- Other Number(s):
- 269
- DOE Contract Number:
- EE0007820
- Research Org.:
- Marine and Hydrokinetic Data Repository (MHKDR); Ocean Renewable Power Company
- Sponsoring Org.:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE), Wind and Water Technologies Office (EE-4W)
- Collaborations:
- Ocean Renewable Power Company
- Subject:
- 16 TIDAL AND WAVE POWER; CEC; COE; Hydrokinetic; LCOE; MHK; Marine; TA1; TidGen; array; baseline; canal; components; content model; cost of energy; cross-flow turbine; current; data; device; economics; energy; financial; improved; levelized cost of energy; metrics; ocean; orpc; overview; parameters; performance; power; resource; river; single; system; system content model; tidal; tidal current
- OSTI Identifier:
- 1492964
- DOI:
- https://doi.org/10.15473/1492964
Citation Formats
Marnagh, Cian, and McEntee, Jarlath. Advanced TidGen Power System - LCOE Calculations and System Overview. United States: N. p., 2018.
Web. doi:10.15473/1492964.
Marnagh, Cian, & McEntee, Jarlath. Advanced TidGen Power System - LCOE Calculations and System Overview. United States. doi:https://doi.org/10.15473/1492964
Marnagh, Cian, and McEntee, Jarlath. 2018.
"Advanced TidGen Power System - LCOE Calculations and System Overview". United States. doi:https://doi.org/10.15473/1492964. https://www.osti.gov/servlets/purl/1492964. Pub date:Thu Jun 14 04:00:00 UTC 2018
@article{osti_1492964,
title = {Advanced TidGen Power System - LCOE Calculations and System Overview},
author = {Marnagh, Cian and McEntee, Jarlath},
abstractNote = {The TidGen Power System generates emission-free electricity from tidal currents and connects directly into existing grids using smart grid technology. The power system consists of three major subsystems: shore-side power electronics, mooring system, and turbine generator unit (TGU) device. This submission includes the Advanced TidGen cost and cost of energy metrics after critical design review for BP1, and a complete LCOE content model and LCOE reporting according to DOE guidance for the baseline system and the system with advanced technology integrated. A revised LCOE content model is also included, with more relevant market array assumptions. Additionally, this submission includes a complete system overview and component overview content models. The LCOE Content Model provides data submitters with an easy and consistent means of uploading data that can be used to calculate the levelized cost of energy for MHK devices. Data represents the design completed for the Critical Design Review conducted at ORPC in December, 2017. All values are for a single device. Note that with substantial fixed costs, larger arrays will greatly reduce LCOE. For an array in Admiralty Inlet producing 136,000 MWh, 270 devices with an array CAPEX of $540,260,052 and an array OPEX of $39,959,207 would result in an LCOE of $722/MWh.},
doi = {10.15473/1492964},
journal = {},
number = ,
volume = ,
place = {United States},
year = {Thu Jun 14 04:00:00 UTC 2018},
month = {Thu Jun 14 04:00:00 UTC 2018}
}