B Teillant, R Costello, J Weber, J Ringwood – Renewable Energy, December 2012
► We present a methodology for the assessment of the energy productivity and economic value of ocean wave energy schemes. ► Use of detailed operational simulations developed to generate estimates of operational costs and device availability. ► We perform and illustrate a sample example which tests the assessment for a variety of maintenance activities. ► We show it is possible to identify the areas that are of most influence on the economic performance.
Keywords Wave energy; Operational simulations; Productivity; Costs; Economic value