Economic modelling of the potential of wave energy


J Hayward, S Behrens, S McGarry, P Osman – Renewable Energy, December 2012

Highlights
► Globally up to 500 GW of wave energy capacity is projected to be installed by 2050. ► In Australia the majority of wave farms are projected to be deployed in Victoria. ► A dispatchable power scenario increases wave energy generation by 22% in Australia. ► Wave energy could supply approx 11% of Australia’s electricity generation by 2050.

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Filed under Modeling, Resource Characterization

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