The challenge for the development of marine energy converters (MECs) is to achieve an investment cost and rate of return that will make them viable, compared to other sources of electrical power. While the energy resource is of reasonable density, it is intermittent and MECs do not operate at fully rated power most of the time, despite being exposed to the resource 24 h a day, 7 days a week. Before we can address, in detail, the challenge that this presents, we must first have an overview of the wave and tidal developments to date.
Overview of wave and tidal development, Page 1 of 2
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