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"Cost Reduction"×

MHK Levelized Cost of Energy (LCOE) Guidance and Techno-Economic Analysis Materials

Useful information and tools for calculating the Levelized Cost of Energy (LCOE) and MHK Cost Breakdown Structure. Includes a structure for calculating the capital expenditures and operating costs of a marine energy technology or device, reference resource data for both wave and ...
Jenne, S. and Baca, E. National Renewable Energy Laboratory
Nov 08, 2019
7 Resources
0 Stars
Publicly accessible

TidGen LCOE Workbooks

Workbooks showing Annualized Energy Production, Cost Breakdown Structure, Levelized Cost of Electricity for DOE Reference Tidal Project 1) Baseline TidGen Power System 2) TidGen Power System with the application of Advanced Controls 3) Advanced TidGen Power System with several enh...
McEntee, J. Ocean Renewable Power Company
Mar 21, 2016
1 Resources
0 Stars
Publicly accessible

LandRAY PTO Testing Utilizing the NREL NWTC 5MW Dynamometer

The overarching project objective is to demonstrate the feasibility of using an innovative PowerTake-Off (PTO) Module in Columbia Power's utility-scale wave energy converter (WEC). The PTO Module uniquely combines a large-diameter, direct-drive, rotary permanent magnet generator; ...
Lenee-Bluhm, P. and Rhinefrank, K. Columbia Power Technologies, Inc.
Jun 13, 2016
3 Resources
0 Stars
Publicly accessible

Advanced TidGen Power System Composites Structural Testing

Seawater aging response was investigated in marine-grade glass/epoxy, glass/vinyl ester, carbon/epoxy and carbon/vinyl ester composites with respect to water uptake, interlaminar shear strength, flexural strength, tensile strength, and tensile fracture surface observations. The re...
Krumpe, A. ORPC Inc.
Jan 06, 2020
2 Resources
0 Stars
Publicly accessible

LCOE Analysis of Surge-Mode WEC

Spreadsheet which provides estimates of reductions in Levelized Cost of Energy for a surge-mode wave energy converter (WEC). This is made available via adoption of the advanced control strategies developed during this research effort.
Staby, B. Resolute Marine Energy, Inc.
Mar 07, 2017
1 Resources
0 Stars
Publicly accessible

Advanced TidGen Power System LCOE Calculations and System Overview

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...
Marnagh, C. and McEntee, J. Ocean Renewable Power Company
Jun 14, 2018
4 Resources
0 Stars
Publicly accessible

M3 Wave DMP/APEX WEC Projected LCOE

Projected LCOE model for the Delos-Reyes Morrow Pressure Device (DMP), commercialized by M3 Wave LLC as "APEX," based on information gained during project performance.
Morrow, M. and Delos-Reyes, M. M3 Wave
Aug 01, 2018
1 Resources
0 Stars
Publicly accessible

Reference Model 1 Cost Breakdown (RM1: Tidal Current Turbine)

Contains the Reference Model 1 (RM1) spreadsheets with the cost breakdown structure (CBS) for the levelized cost of energy (LCOE) calculations for a single RM1 device and multiple unit arrays. These spreadsheets are contained within an XLSX file and a spreadsheet editor such as Mi...
Neary, V. et al Sandia National Laboratories
Sep 30, 2014
2 Resources
0 Stars
Publicly accessible

LCOE Content Model for the Heaving Point Absorber Buoy

This is the LCOE analysis spreadsheet and content model for the heaving point absorber buoy developed for controls purposes. The cost assessment was done on a wave-farm of 100-units.
Previsic, M. and Karthikeyan, A. Re Vision Consulting
Jul 14, 2017
3 Resources
0 Stars
Publicly accessible

Reference Model 3 Cost Breakdown (RM3: Wave Point Absorber)

Contains the Reference Model 3 (RM3) spreadsheets with the cost breakdown structure (CBS) for the levelized cost of energy (LCOE) calculations for a single RM3 device and multiple unit arrays. These spreadsheets are contained within an XLSX file and a spreadsheet editor such as Mi...
Neary, V. et al Sandia National Laboratories
Sep 30, 2014
2 Resources
0 Stars
Publicly accessible

RITE Gen5 KHPS Levelized Cost of Energy

Levelized Cost of Energy analysis for Verdant Power Gen5 KHPS utilizing annualized AEP based on actual energy generation at the RITE Project during 2020-21. The WEC devices analyzed include attenuator, point absorber, oscillating wave surge converter, oscillating water column, ove...
Corren, D. et al Verdant Power Inc.
Jun 22, 2022
1 Resources
0 Stars
Awaiting release

Reference Model 5 Cost Breakdown (RM5: Oscillating Surge Flap)

Contains the Reference Model 5 (RM5) spreadsheets with the cost breakdown structure (CBS) for the levelized cost of energy (LCOE) calculations for a single RM5 device and multiple unit arrays. These spreadsheets are contained within an XLSX file and a spreadsheet editor such as Mi...
Neary, V. et al Sandia National Laboratories
Sep 30, 2014
2 Resources
0 Stars
Publicly accessible

Reference Model 2 Cost Breakdown (RM2: River Current Turbine)

Contains the Reference Model 2 (RM2) spreadsheets with the cost breakdown structure (CBS) for the levelized cost of energy (LCOE) calculations for a single RM2 device and multiple unit arrays. These spreadsheets are contained within an XLSX file and a spreadsheet editor such as Mi...
Neary, V. et al Sandia National Laboratories
Sep 30, 2014
2 Resources
0 Stars
Publicly accessible

Techno-Economic Optimization of the SurgeWEC Device

This is the post-access report for a Teamer-funded effort to optimize the SurgeWEC device, a near-shore pivoting flap wave energy conversion device used to desalinate water. Parametrically driven cost and performance models enabled an integrated optimization approach at the farm s...
Previsic, M. Re Vision Consulting
Feb 20, 2022
2 Resources
0 Stars
Publicly accessible

Reference Model 6 Cost Breakdown (RM6: Oscillating Water Column)

Contains the Reference Model 6 (RM6) spreadsheets with the cost breakdown structure (CBS) for the levelized cost of energy (LCOE) calculations for a single RM6 device and multiple unit arrays. These spreadsheets are contained within an XLSX file and a spreadsheet editor such as Mi...
Neary, V. et al Sandia National Laboratories
Sep 30, 2014
2 Resources
0 Stars
Publicly accessible

TEAMER: Techno-Economic Assessment of the Crestwing WEC Device

This dataset contains a report and an Excel file documenting a techno-economic model developed to assess the Crestwing wave energy converter (WEC), an attenuator-type device composed of two hinged rectangular barges. Funded by TEAMER and carried out by Re Vision Consulting, the st...
Previsic, M. Re Vision Consulting
Mar 14, 2025
3 Resources
0 Stars
Curated

Reference Model 4 Cost Breakdown (RM4: Ocean Current Turbine)

Contains the Reference Model 4 (RM4) spreadsheets with the cost breakdown structure (CBS) for the levelized cost of energy (LCOE) calculations for a single RM4 device and multiple unit arrays. These spreadsheets are contained within an XLSX file and a spreadsheet editor such as Mi...
Neary, V. et al Sandia National Laboratories
Sep 30, 2014
2 Resources
0 Stars
Publicly accessible

LCOE Baseline for OE Buoy WEC Device

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 Ocean Energy ...
Previsic, M. et al Re Vision Consulting
Jul 26, 2017
2 Resources
0 Stars
Publicly accessible

HERO WEC Belt Test Data

The following submission includes raw and processed data from the 2024 Hydraulic and Electric Reverse Osmosis Wave Energy Converter (HERO WEC) belt tests conducted using NREL's Large Amplitude Motion Platform (LAMP). A description of the motion profiles run during testing can be f...
Jenne, S. et al National Renewable Energy Laboratory
Sep 01, 2024
7 Resources
0 Stars
Publicly accessible

Aquantis 2.5 MW Ocean Current Generation Device MHK Hydrofoils Design, Wind Tunnel Optimization and CFD Analysis Report

Dataset contains MHK Hydrofoils Design and Optimization and CFD Analysis Report for the Aquantis 2.5 MW Ocean Current Generation Device, as well as MHK Hydrofoils Wind Tunnel Test Plan and Checkout Test Report.
Shiu, H. et al Dehlsen Associates, LLC
Jun 03, 2015
16 Resources
0 Stars
Publicly accessible

TEAMER: MADWEC Techno-Economic Analysis

The objective of this project was for the facility to conduct a techno-economic assessment (TEA) of the Maximal Asymmetric Drag Wave Energy Converter (MADWEC), developed by the University of Massachusetts Dartmouth (UMass Dartmouth). MADWEC is used for powering remote monitoring a...
Ortega, T. and Baca, E. National Renewable Energy Laboratory
Mar 08, 2024
2 Resources
0 Stars
Publicly accessible

LandRAY PTO Test Plans with NREL NWTC 5 MW Dynamometer

The overarching project objective is to demonstrate the feasibility of using an innovative PowerTake-Off (PTO) Module in Columbia Power's utility-scale wave energy converter (WEC). The PTO Module uniquely combines a large-diameter, direct-drive, rotary permanent magnet generator; ...
Prudell, J. et al Columbia Power Technologies, Inc.
Feb 29, 2016
5 Resources
0 Stars
Publicly accessible

Modular RivGen LCOE Content Model

The Modular RivGen LCOE Content Model contains estimates of levelized cost of energy (LCOE) for three array configurations operating in a theoretical river environment. The LCOE is distinguished by the CapEx, OpEx, and annual energy production and capture for each river environment.
Tyler, R. and Obomsawin, T. Ocean Renewable Power Company
Dec 15, 2020
1 Resources
0 Stars
Awaiting release

Early Market Opportunity MHK Energy Site Identification Wave and Tidal Resources

This data was compiled for the 'Early Market Opportunity Hot Spot Identification' project. The data and scripts included were used in the 'MHK Energy Site Identification and Ranking Methodology' Reports (see resources below). The Python scripts will generate a set of results--base...
Kilcher, L. National Renewable Energy Laboratory
Apr 01, 2016
7 Resources
0 Stars
Publicly accessible

M3 Wave DMP/APEX WEC Final Technical Report

This project successfully developed methods for numerical modeling of sediment transport phenomena around rigid objects resting on or near the ocean floor. These techniques were validated with physical testing using actual sediment in a large wave tank. These methods can be applie...
Morrow, M. et al M3 Wave
May 31, 2018
1 Resources
0 Stars
Publicly accessible
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