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.
Read more: Wave energy integration costs should compare favorably to other energy sources
The Latest on: Wave energy
[google_news title=”” keyword=”Wave energy” num_posts=”10″ blurb_length=”0″ show_thumb=”left”]
via Google News
The Latest on: Wave energy
- Why the viral trend ‘chronoworking’ is making waves among employees and employerson April 20, 2024 at 3:00 am
A viral new job trend called chronoworking is turning heads, as it promotes flexibility and keeps top of mind the most favorable working hours for employees. Career experts shared insights.
- 3 Canadian Energy Stocks Set for a Wave of Rising Dividendson April 19, 2024 at 5:00 pm
Energy investors can now expect a wave of tangible returns ( base dividend growth, special dividends, and share buybacks) in the coming years. If you are looking to participate, here are three top ...
- Wave and Tidal Energy Market Size Projected to Surge $5.1 Billion Growth by 2033, Exhibit a CAGR of 12.5%on April 18, 2024 at 7:00 pm
Wave and tidal energy market size from USD 1.6 billion in 2023 to USD 5.1 billion in 10 years. The increasing demand for renewable sources of energy drives the market's growth. North America emerged ...
- Quantum: D-Wave Introduces Anneal Featureon April 18, 2024 at 12:56 pm
Quantum computing company D-Wave Quantum Inc. (NYSE: QBTS) today launched the fast-anneal feature, available on all of D-Wave’s quantum processing units (QPUs) in the Leap real-time quantum cloud ...
- Spain set to get table-top-like submerged sea wave energy converteron April 18, 2024 at 4:12 am
A fully submerged wave energy converter system designed by Irish company CETO Wave Energy Ireland has passed a crucial step and has been approved for deployment in Basque Country, Spain.
- Neither Plants nor Animals, These Ocean Organisms Protect Their Ecosystems against Heat Waveson April 17, 2024 at 3:45 am
Mixotrophs, which have characteristics of both animals and plants, could help blunt the effects of marine heat waves on ocean ecosystems ...
- Video: Wave energy system weathers the stormson April 16, 2024 at 6:03 am
Since its initial deployment off the coast of Portugal in August 2023, the C4 wave energy device developed by CorPower Ocean survived four extreme storm events and demonstrated the ability to tune and ...
- Next Wave Energy Partners Expands Senior Management Teamon April 15, 2024 at 6:00 am
Two of the four founding partners of Next Wave, Sean Diamond previously served as Senior Vice President, Operations & Commercial while Dan Fahey previously served as Vice President, Engineering & ...
- Shell and Eco Wave co-invest in first US onshore wave energy stationon April 12, 2024 at 4:00 am
Eco Wave Power Global AB has entered an agreement with Shell to participate in the development of Eco Wave Power's first project in the US.
- Shell and wave energy pioneer eye California springboard to global growthon April 10, 2024 at 2:47 am
Swedish-Israeli pioneer to leverage new California renewables law for feasibility of sites that could power 60% of Golden State’s power needs ...
via Bing News