2013 48th International Universities' Power Engineering Conference (UPEC) 2013
DOI: 10.1109/upec.2013.6714939
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The domestic and export market for large scale wave energy in Ireland and the economics of export transmission

Abstract: -Ireland is on track to meet its 2020 renewable energy targets with over 2 GW of onshore wind installed in the all island market as of 2013, and a multiple of this capacity in various stages of planning and development. It is currently unclear how much of this potential capacity will ultimately be installed but it has become clear that the wind industry in Ireland will change focus to export opportunities post 2020. This presents some interesting challenges for wave energy in Ireland.There is some early activi… Show more

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Cited by 3 publications
(3 citation statements)
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“…According to the discounting method, LCoE can be calculated as: [173], including anticipated failure rates of components. Sharkey et al [177][178][179][180] explain the costs involved in electrical components and their optimisation to reduce the LCoE of wave energy. LCoE is used to compare various energy production technologies in order to identify which technology gives the cheapest price per kilo-Watt hour (kWh).…”
Section: Lcoe and Lvoementioning
confidence: 99%
See 1 more Smart Citation
“…According to the discounting method, LCoE can be calculated as: [173], including anticipated failure rates of components. Sharkey et al [177][178][179][180] explain the costs involved in electrical components and their optimisation to reduce the LCoE of wave energy. LCoE is used to compare various energy production technologies in order to identify which technology gives the cheapest price per kilo-Watt hour (kWh).…”
Section: Lcoe and Lvoementioning
confidence: 99%
“…Sharkey et al. [177–180] explain the costs involved in electrical components and their optimisation to reduce the LCoE of wave energy. LCoE is used to compare various energy production technologies in order to identify which technology gives the cheapest price per kilo‐Watt hour (kWh).…”
Section: Value Of Wave Energy On the Grid: An Economic Casementioning
confidence: 99%
“…These wind farms, located on the west, south and east of Ireland aim to leverage Ireland's strategically advantageous location with regards to wind energy with the aim of exporting the excess energy into the EU [6]. However, a crucial factor in the siting of wind farm is the estimated annual energy production and how that value compares to that of energy produced by other sources [7].…”
Section: Introductionmentioning
confidence: 99%