A new analysis suggests that large-scale wave energy systems developed in the Pacific Northwest should be comparatively steady, dependable and able to be integrated into the overall energy grid at lower costs than some other forms of alternative energy, including wind power.
The findings, published in the journal Renewable Energy, confirm what scientists have expected – that wave energy will have fewer problems with variability than some energy sources and that by balancing wave energy production over a larger geographic area, the variability can be even further reduced.
The variability of alternative energy sources is one factor that holds back their wider use – if wind or solar energy decreases and varies widely, then some other energy production has to back it up, and that adds to the overall cost of energy supply.
“Whenever any new form of energy is added, a challenge is to integrate it into the system along with the other sources,” said Ted Brekken, an associate professor and renewable energy expert in the College of Engineering at Oregon State University.
“By producing wave energy from a range of different sites, possibly with different types of technology, and taking advantage of the comparative consistency of the wave resource itself, it appears that wave energy integration should be easier than that of wind energy,” he said. “The reserve, or backup generation, necessary for wave energy integration should be minimal.”
This estimate of the cost of integrating wind energy indicated that it would be 10 percent or less than the actual charges being made for the integration of wind energy. Energy integration, however, is just one component of the overall cost of the power generated. Wave energy, still in the infancy of its development, is not yet cost competitive on an overall basis.
The Latest on: Wave energy
via Google News
The Latest on: Wave energy
- BP Pivots To Low Carbon Energyon August 4, 2020 at 8:53 am
In a strategic shift, BP announced a 10x increase in low-carbon investments by 2030, 8x by 2025. The company expects oil and gas production to drop 40% by 2030.
- Wave and Tidal Energy Market 2020 Industry Research, Review, Growth, Segmentation, Key Players Analysis and Forecast to 2026on August 4, 2020 at 1:46 am
Ocean power technology is mainly categorized into three types wave energy, tidal energy and ocean thermal energy. Wave energy and tidal energy are ways of harnessing energy used f ...
- New York is spending $1 billion to help residents conserve energy — and lower their billson August 4, 2020 at 12:55 am
The state is partnering with investor-owned utilities to provide energy-efficient solutions to more than 350,000 low-to-moderate income households.
- Isaias waves cause minor erosion, some sea turtle nest damage on Treasure Coast beacheson August 3, 2020 at 3:01 pm
Fortunately, the nesting season isn’t over and turtles have already returned to our beaches to lay more nests.' -- Quintin Bergman, environmental specialist ...
- New U of M research could make waves in fight over wakesurfingon July 31, 2020 at 7:54 am
Without state funding, University of Minnesota researchers have turned to an unusual source to finance the project: crowdfunding.
- Fourth Wave Energy Appoints Gateway to Lead Expanded Investor Relations Programon July 29, 2020 at 5:00 am
PRNewswire/ – Fourth Wave Energy, Inc. (OTCQB: FWAV) ("Fourth Wave" or the "Company"), a San Jose-based climate solutions company, has appointed ...
- Wave and Tidal Energy Market Projections & Future Opportunities Recorded for the Period until 2030 | Impact of COVID-19 Pandemicon July 29, 2020 at 3:05 am
Factors Driving the Market Growth: - Increased R&D investmentsIn contrast to wave technology, the tidal stream, ...
- CorPower Ocean Secures 9 MEUR Equity Funding for Wave Energy Techon July 27, 2020 at 8:25 pm
CorPower Ocean is a global leader in wave energy technology. Its new generation of high-efficiency WECs (Wave Energy Converters) are inspired by the pumping principles of the human heart.
- Investing In Wave Energy: Oscilla Power Announces Crowdfunding Campaignon July 27, 2020 at 7:50 am
Engineers and scientists have been working on harnessing the power of ocean waves for hundreds of years. Yet, no commercial wave energy projects greater than 50 MW have ...
- TC’s Energy USA, Power China Ltd sign financing agreement to revive wave energy projecton July 27, 2020 at 7:12 am
TC’s Energy USA and its partners, Power China Huadong Engineering Corporation Ltd and Seabased of Sweden, have signed a major agreement to finance and revive the Ada Foah Energy Project, which has ...
via Bing News