Reliability, maintainability and levellised cost of offshore wave energy

D. R. Malcolm

    Research output: Chapter in Book/Report/Conference proceedingConference contribution

    Abstract

    Wave Energy Converters pose a unique engineering challenge, with complex and innovative technology, to be deployed in hostile locations with limited access opportunities. Reliability is a concern, given that failures may occur in sea states which give peak output, but which could delay repair interventions, leading to significant revenue losses. Reliability can be viewed as an economic question, in which the initial capital costs of a wave energy development, and the available energy yield at its deployed location, are balanced against the future operating and maintenance costs, and revenue losses from breakdowns. This paper describes a model based on real wave data, in which the interaction of the wave resource, capital, operating and maintenance costs, and different levels of reliability and maintainability is examined to determine their effect on the Levellised Cost of Energy from a wave farm. © 2010: The Royal Institution of Naval Architects.

    Original languageEnglish
    Title of host publicationRINA, Royal Institution of Naval Architects - Marine Renewable and Offshore Wind Energy - Papers
    Pages9-18
    Number of pages10
    Publication statusPublished - 2010
    EventMarine Renewable and Offshore Wind Energy - London, United Kingdom
    Duration: 21 Apr 201023 Apr 2010

    Conference

    ConferenceMarine Renewable and Offshore Wind Energy
    CountryUnited Kingdom
    CityLondon
    Period21/04/1023/04/10

    Fingerprint

    Maintainability
    Costs
    Farms
    Repair
    Economics

    Cite this

    Malcolm, D. R. (2010). Reliability, maintainability and levellised cost of offshore wave energy. In RINA, Royal Institution of Naval Architects - Marine Renewable and Offshore Wind Energy - Papers (pp. 9-18)
    Malcolm, D. R. / Reliability, maintainability and levellised cost of offshore wave energy. RINA, Royal Institution of Naval Architects - Marine Renewable and Offshore Wind Energy - Papers. 2010. pp. 9-18
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    Malcolm, DR 2010, Reliability, maintainability and levellised cost of offshore wave energy. in RINA, Royal Institution of Naval Architects - Marine Renewable and Offshore Wind Energy - Papers. pp. 9-18, Marine Renewable and Offshore Wind Energy, London, United Kingdom, 21/04/10.

    Reliability, maintainability and levellised cost of offshore wave energy. / Malcolm, D. R.

    RINA, Royal Institution of Naval Architects - Marine Renewable and Offshore Wind Energy - Papers. 2010. p. 9-18.

    Research output: Chapter in Book/Report/Conference proceedingConference contribution

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    Malcolm DR. Reliability, maintainability and levellised cost of offshore wave energy. In RINA, Royal Institution of Naval Architects - Marine Renewable and Offshore Wind Energy - Papers. 2010. p. 9-18