The global wave energy potential is immense. A wave energy converter “winning design” has yet to evolve.
The main consideration with all offshore renewable technologies is the Levelized Cost of Energy (LCOE). This requires the capital and operating costs to be minimized while the generating capacity and the availability of the system are maximized. This is optimized on the Scotstream design;
Capex – The main capture structure is a basic design that can be industrialized and mass produced.
Opex – The Hydrobox only has one moving part, the operations and maintenance costs should be minimal
Generation Capacity – The large capture area and the high survivability will enable the structure to generate high MW power. Coupled with an 80% conversion efficiency will result in a high generation capacity.
Availability – Personnel access will be provided at the stern of the weathervaning structure, this will enable access in all weathers for maintenance and repair.
The Scotstream wave energy converter is novel and provides a number of benefits: