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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
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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
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MHK Levelized Cost of Energy (LCOE) Guidance and Techo 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
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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
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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
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Publicly accessible

WEC Controls Optimization Final Report

The over-arching project objective is to fully develop and validate optimal controls frameworks that can subsequently be applied widely to different WEC devices and concepts. Optimal controls of WEC devices represent a fundamental building block for WEC designers that must be cons...