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 (OE) Buoy technology, which is not presently on OE's technology development pathway but will be considered in future business plan development. The DOE reference site condition is considered a low power-density site, compared with many of the planned initial deployment locations for the OE Buoy. Many of the sites considered for the initial commercial deployment of the OE buoy feature much higher wave power densities and shorter period waves. Both of these characteristics will improve the OE buoy's commercial viability.
Citation Formats
TY - DATA
AB - 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 (OE) Buoy technology, which is not presently on OE's technology development pathway but will be considered in future business plan development. The DOE reference site condition is considered a low power-density site, compared with many of the planned initial deployment locations for the OE Buoy. Many of the sites considered for the initial commercial deployment of the OE buoy feature much higher wave power densities and shorter period waves. Both of these characteristics will improve the OE buoy's commercial viability.
AU - Previsic, Mirko
A2 - Karthikeyan, Anantha
A3 - Lewis, Tony
A4 - McCarthy, John
DB - Marine and Hydrokinetic Data Repository
DP - Open EI | National Renewable Energy Laboratory
DO - 10.15473/1415577
KW - MHK
KW - Marine
KW - Hydrokinetic
KW - energy
KW - power
KW - OE Buoy
KW - wave
KW - controls
KW - LCOE
KW - Ocean Energy
KW - wave energy
KW - WEC
KW - USA
KW - /kW
KW - levelized cost of energy
KW - ocean
KW - buoy
KW - economics
KW - cost
KW - CBS
KW - breakdown structure
KW - device
KW - commercial
KW - viability
KW - oscillating water column
KW - OE
LA - English
DA - 2017/07/26
PY - 2017
PB - Re Vision Consulting
T1 - LCOE Baseline for OE Buoy WEC Device
UR - https://doi.org/10.15473/1415577
ER -
Previsic, Mirko, et al. LCOE Baseline for OE Buoy WEC Device. Re Vision Consulting, 26 July, 2017, Marine and Hydrokinetic Data Repository. https://doi.org/10.15473/1415577.
Previsic, M., Karthikeyan, A., Lewis, T., & McCarthy, J. (2017). LCOE Baseline for OE Buoy WEC Device. [Data set]. Marine and Hydrokinetic Data Repository. Re Vision Consulting. https://doi.org/10.15473/1415577
Previsic, Mirko, Anantha Karthikeyan, Tony Lewis, and John McCarthy. LCOE Baseline for OE Buoy WEC Device. Re Vision Consulting, July, 26, 2017. Distributed by Marine and Hydrokinetic Data Repository. https://doi.org/10.15473/1415577
@misc{MHKDR_Dataset_227,
title = {LCOE Baseline for OE Buoy WEC Device},
author = {Previsic, Mirko and Karthikeyan, Anantha and Lewis, Tony and McCarthy, John},
abstractNote = {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 (OE) Buoy technology, which is not presently on OE's technology development pathway but will be considered in future business plan development. The DOE reference site condition is considered a low power-density site, compared with many of the planned initial deployment locations for the OE Buoy. Many of the sites considered for the initial commercial deployment of the OE buoy feature much higher wave power densities and shorter period waves. Both of these characteristics will improve the OE buoy's commercial viability.},
url = {https://mhkdr.openei.org/submissions/227},
year = {2017},
howpublished = {Marine and Hydrokinetic Data Repository, Re Vision Consulting, https://doi.org/10.15473/1415577},
note = {Accessed: 2025-07-29},
doi = {10.15473/1415577}
}
https://dx.doi.org/10.15473/1415577
Details
Data from Jul 26, 2017
Last updated Jul 27, 2022
Submitted Jul 26, 2017
Organization
Re Vision Consulting
Contact
Mirko Previsic
916.977.3970
Authors
Keywords
MHK, Marine, Hydrokinetic, energy, power, OE Buoy, wave, controls, LCOE, Ocean Energy, wave energy, WEC, USA, /kW, levelized cost of energy, ocean, buoy, economics, cost, CBS, breakdown structure, device, commercial, viability, oscillating water column, OEDOE Project Details
Project Name Development of Optimal Control System for Three Different WEC Devices
Project Lead Bill McShane
Project Number EE0007173
