Availability and its effect on the cost of marine energy

Availability and its effect on the cost of marine energy

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Very little can yet be known about the availability of MEC devices and farms; however, there are clear indicators from the on-shore and off-shore wind industries as to how availability is likely to develop. It is clear that MEC developers need to pay special attention to strategies to reduce installation costs and O&M costs. The next chapter will show that there are choices for MEC farm developers to do this, and these are possible because, unlike an off-shore WT, a MEC device could be moored on location and removed for maintenance. But these involve radical decisions during the development.

Chapter Contents:

  • 7.1 Introduction and more terminology
  • 7.2 Previous work
  • 7.3 Cost of installation
  • 7.4 Cost of energy
  • 7.5 O& M costs
  • 7.6 Effect of reliability, availability and maintenance on CoE
  • 7.7 Summary

Inspec keywords: power convertors; marine power systems; wave power plants

Other keywords: installation cost reduction; onshore wind industry; marine energy converter; MEC farms; offshore wind industry; offshore WT; marine energy cost; O&M cost reduction; MEC devices

Subjects: Wave power; Power convertors and power supplies to apparatus

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