Socio-economic Assessment of a Selected Multi-use Offshore Site in the Atlantic

Díaz-Simal, Pedro; Torres-Ortega, Saúl; Baş, Bilge; Elginöz, Nilay; García, Raquel; Jesus, Fernando del; Giannakis, Elias; Giannouli, Amerissa; Koundouri, Phoebe; Moussoulides, Aris; Tsani, Stella; Xepapadeas, Petros; Xepapadeas, Anastasios

doi:10.1007/978-3-319-55772-4_5

Cited by 2 publications

(1 citation statement)

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“…LCoE can therefore be categorized under economic criteria, which can be more extensive in list with added functions such as the Net Present Value (NPV), Internal Rate of Return (IRR), simple and/or discounted payback periods. However, these parameters are usually looked in depth at later stages of the analysis [47]. Pre-and post-production metrics are part of an overall process that seeks to identify and quantify basic energy, and subsequently economic characteristics of a WEC, reaching to a decision that will either be positive or negative.…”

Section: Post-production Metricsmentioning

confidence: 99%

Wave Energy Resource Assessment for Exploitation—A Review

Guillou

Lavidas²,

Chapalain

2020

JMSE

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Over recent decades, the exploitation of wave energy resources has sparked a wide range of technologies dedicated to capturing the available power with maximum efficiency, reduced costs, and minimum environmental impacts. These different objectives are fundamental to guarantee the development of the marine wave energy sector, but require also refined assessments of available resource and expected generated power to optimize devices designs and locations. We reviewed here the most recent resource characterizations starting from (i) investigations based on available observations (in situ and satellite) and hindcast databases to (ii) refined numerical simulations specifically dedicated to wave power assessments. After an overall description of formulations and energy metrics adopted in resource characterization, we exhibited the benefits, limitations and potential of the different methods discussing results obtained in the most energetic locations around the world. Particular attention was dedicated to uncertainties in the assessment of the available and expected powers associated with wave–climate temporal variability, physical processes (such as wave–current interactions), model implementation and energy extraction. This up-to-date review provided original methods complementing the standard technical specifications liable to feed advanced wave energy resource assessment.

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Section: Post-production Metricsmentioning

confidence: 99%