Methodology to Calculate the ACE and HPQ Metrics Used in the Wave Energy Prize [electronic resource]

• Ngôn ngữ: eng
• Ký hiệu phân loại: 621.831 Applied physics
• Thông tin xuất bản: Washington, D.C. : Oak Ridge, Tenn. : United States. Dept. of Energy. Office of Energy Efficiency and Renewable Energy ; Distributed by the Office of Scientific and Technical Information, U.S. Dept. of Energy, 2018
• Mô tả vật lý: Size: 47 p. : , digital, PDF file.
• Bộ sưu tập: Metadata
• ID: 258160
• Chủ đề: 1. 17 wind energy; 2. 42 engineering; 3. Wave energy converter; 4. Wave energy prize competition; 5. Wec

Tóm tắt

The U.S. Department of Energy's Wave Energy Prize Competition encouraged the development of innovative deep-water wave energy conversion technologies that at least doubled device performance above the 2014 state of the art. Because levelized cost of energy (LCOE) metrics are challenging to apply equitably to new technologies where significant uncertainty exists in design and operation, the prize technical team developed a reduced metric as proxy for LCOE, which provides an equitable comparison of low technology readiness level wave energy converter (WEC) concepts. The metric is called 'ACE' which is short for the ratio of the average climate capture width to the characteristic capital expenditure. The methodology and application of the ACE metric used to evaluate the performance of the technologies that competed in the Wave Energy Prize are explained in this report.