logo

Wave Energy Cost Reduction

Sector: Power Generation (CCGT) • Location: Australia

Source: Australian Renewable Energy Agency (ARENA)

Project
Closed

The Wave Energy Cost Reduction project will involve investigating the optimal number, size, arrangement and location of wave energy device arrays to minimise the cost of installation and infrastructure while maximising power output.Key resultsThe project presents a holistic approach to identify the optimal location and array configuration for the deployment of a wave energy farm. The multidiscipli

Project Information FAQ

Project Information

5 Q
The project “Wave Energy Cost Reduction” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Australia. Taiyo aggregates data on it from Australian Renewable Energy Agency (ARENA).

Want to explore the full details? View the full report

Participants

Sponsoring Agency

Obfuscated Data

Company

Obfuscated Data

Status

Original status

closed

Taiyo status

Obfuscated Data

Taiyo last update

00-00-0000

Available timestamps

00-00-0000

Available timestamp type

Obfuscated Data

Contact

Contact name

Obfuscated Data

Phone

0000000000

Email

ObfuscatedData@email.com

Address

Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Description

Description

The Wave Energy Cost Reduction project will involve investigating the optimal number, size, arrangement and location of wave energy device arrays to minimise the cost of installation and infrastructure while maximising power output.Key resultsThe project presents a holistic approach to identify the optimal location and array configuration for the deployment of a wave energy farm. The multidisciplinary approach used newly-developed optimisation tools that maximises power output while minimising infrastructure cost, as a function of wave resources, seabed conditions and array configuration. The approach was used on a virtual deployment of Carnegie CETO6 wave energy converters in Torbay, WA and resulted in a reduction of the ratio of infrastructure cost to power capture (used as proxy for the levelised cost of energy) of about 25%. Depending on site conditions, higher savings can be achieved using this approach.

Original sub-sector

Obfuscated

Original Currency

USD

Original budget

000000000000000

Procurement method

Obfuscated Data

Budget

000000000000000

Location

Region

Obfuscated

Country

Obfuscated

State

Obfuscated Data

County

Obfuscated

Location

Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Source

Source reliability

High

Data quality score

100%

Source

Obfuscated Data

URL

obfuscated_data,obfuscateddata.com

More Details

Project Type

Obfuscated Data

Article Published Date

Obfuscated Data