TEAMER: MADWEC Techno-Economic Analysis
The objective of this project was for the facility to conduct a techno-economic assessment of the Maximal Asymmetric Drag Wave Energy Converter (MADWEC), developed by the University of Massachusetts Dartmouth (UMass Dartmouth), used for powering remote monitoring and AUV charging systems compared to other existing power supply options. The assessment estimates capital expenditures (CapEx), operational expenditures (OpEx), and power performance for 18 scenarios with the purpose of identifying key cost drivers, comparing total system cost, and comparing the power performance of the power supply options in terms of required installed capacity and estimated theoretical annual energy performance. The scenarios include two end-uses: 1) AUV charging and 2) offshore remote monitoring); three power sources: 1) MADWEC), 2) photovoltaic (PV) solar buoy, 3) and traditional battery swapping); and three locations; 1) nearshore, 2) far-offshore, and 3) high-latitude). In addition, other project goals included developing high level installation, operation, and maintenance plans for each scenario. The techno-economic model, created in Microsoft Excel, estimates CapEx, OpEx, and the power performance of each power supply source. The model has a dynamic format that allows custom inputs to accommodate future changes to the systems being assessed.
Citation Formats
National Renewable Energy Laboratory. (2024). TEAMER: MADWEC Techno-Economic Analysis [data set]. Retrieved from https://mhkdr.openei.org/submissions/561.
Ortega, Tina, Baca, Elena. TEAMER: MADWEC Techno-Economic Analysis. United States: N.p., 08 Mar, 2024. Web. https://mhkdr.openei.org/submissions/561.
Ortega, Tina, Baca, Elena. TEAMER: MADWEC Techno-Economic Analysis. United States. https://mhkdr.openei.org/submissions/561
Ortega, Tina, Baca, Elena. 2024. "TEAMER: MADWEC Techno-Economic Analysis". United States. https://mhkdr.openei.org/submissions/561.
@div{oedi_561, title = {TEAMER: MADWEC Techno-Economic Analysis}, author = {Ortega, Tina, Baca, Elena.}, abstractNote = {The objective of this project was for the facility to conduct a techno-economic assessment of the Maximal Asymmetric Drag Wave Energy Converter (MADWEC), developed by the University of Massachusetts Dartmouth (UMass Dartmouth), used for powering remote monitoring and AUV charging systems compared to other existing power supply options. The assessment estimates capital expenditures (CapEx), operational expenditures (OpEx), and power performance for 18 scenarios with the purpose of identifying key cost drivers, comparing total system cost, and comparing the power performance of the power supply options in terms of required installed capacity and estimated theoretical annual energy performance. The scenarios include two end-uses: 1) AUV charging and 2) offshore remote monitoring); three power sources: 1) MADWEC), 2) photovoltaic (PV) solar buoy, 3) and traditional battery swapping); and three locations; 1) nearshore, 2) far-offshore, and 3) high-latitude). In addition, other project goals included developing high level installation, operation, and maintenance plans for each scenario. The techno-economic model, created in Microsoft Excel, estimates CapEx, OpEx, and the power performance of each power supply source. The model has a dynamic format that allows custom inputs to accommodate future changes to the systems being assessed. }, doi = {}, url = {https://mhkdr.openei.org/submissions/561}, journal = {}, number = , volume = , place = {United States}, year = {2024}, month = {03}}
Details
Data from Mar 8, 2024
Last updated Aug 21, 2024
Submitted Aug 20, 2024
Organization
National Renewable Energy Laboratory
Contact
Christina Ortega
720.560.5602
Authors
DOE Project Details
Project Name Testing Expertise and Access for Marine Energy Research
Project Lead Lauren Ruedy
Project Number EE0008895