A techno-economic analysis of tidal energy technology
Johnstone, Cameron and Pratt, D. and Clarke, Joseph and Grant, Andrew (2013) A techno-economic analysis of tidal energy technology. Renewable Energy, 49. pp. 101-106. ISSN 0960-1481 (https://doi.org/10.1016/j.renene.2012.01.054)
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The choice of which type of electrical power generation technology to adopt is driven by a number of factors including: cost of generated electricity; responsiveness of generating plant to demand; security of supply/resource availability; environmental impact; and execution risk. Within these, tidal energy is unique as a renewable technology since it has the capability of providing predictable, firm power contributing to security of supply. This predictability gives tidal energy additional value in a future electricity market. Especially one where stochastic renewable technologies contribute to a sizable component of the power supplied; and where reserve capacity is required to maintain supply during periods of non-availability. In the shorter term, in order for tidal energy to gain commercial acceptance, tidal technologies under development need to produce electricity at a competitive price. This paper examines the drivers influencing electricity pricing; current tidal energy developments, aimed at reducing capital costs; and bench-mark these against offshore wind.
ORCID iDs
Johnstone, Cameron ORCID: https://orcid.org/0000-0001-5171-1230, Pratt, D., Clarke, Joseph ORCID: https://orcid.org/0000-0002-4783-5107 and Grant, Andrew;-
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Item type: Article ID code: 43077 Dates: DateEventJanuary 2013Published12 March 2012Published OnlineSubjects: Technology > Mechanical engineering and machinery
Technology > Hydraulic engineering. Ocean engineeringDepartment: Faculty of Engineering > Mechanical and Aerospace Engineering Depositing user: Pure Administrator Date deposited: 04 Mar 2013 10:29 Last modified: 21 Sep 2024 20:36 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/43077