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FP5

MARINECO Informe resumido

Project ID: ICA2-CT-2000-10049
Financiado con arreglo a: FP5-INCO 2
País: Germany

Economical estimation of the powerful multimogule FWEPS project perspective for the commercializing stage

The technical and financial analysis shows that wave energy conversion by means of FWEPS is economically acceptable in electricity niche market and has good prospects of being competitive both commercially and ecologically. Design and economic calculation of powerful multimogule FWEPS project has been implemented.

The calculations made allow drawing the following conclusions:
- The economic analysis shows that after completion of the research and development phase of the multimode FWEPS, generating costs of 0.04 to 0.06kWh will be achieved. The device having been experimentally developed, the cost of power units will be about 1000 kW, depending on place and conditions of operation.

- The expenses for FWEPS production must be reimbursed during the operation period of two years at total equipment lifetime of some tens of years.

- The projected investment costs show the competitiveness of the FWEPS with other wave energy conversion systems. Evidence of the presented tendencies and circumstances, as well as the scaled, unoccupied and predisposed to intense development electricity market allows predicting bright outlook on the FWEPS project commercialization.

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Reported by

MVV CONSULTANTS & ENGINEERS GMBH
Kurfuerstendamm 199
10719 BERLIN
Germany
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