Description
Useful information and tools for calculating the Levelized Cost of Energy (LCOE) and MHK Cost Breakdown Structure. Includes a structure for calculating the capital expenditures and operating costs of a marine energy technology or device, reference resource data for both wave and tidal, and LCOE reporting guidance. These tools are meant to be used to help calculate the Levelized Cost of Energy (LCOE) for an MHK or MRE technology or device.
Resources
| Name | Format | Description | Link |
|---|---|---|---|
| Legacy DOE LCOE Reporting Guidance 2014.docx | Doc | The previous version of the DOE LCOE Reporting Guidance, applicable from September 9,2014 to October 7, 2015. The update guidance should be used for all projects after October 8, 2015. | Open resource |
| DOE LCOE Reporting Guidance UPDATED 2015.docx | Doc | Standardized Cost and Performance Reporting for Marine and Hydrokinetic Technologies. Guidance updated on October 8, 2015. This guidance details the standard cost reporting framework used to develop the CBS and Reference Resources | Open resource |
| LCOE Reference Resource 2016.xlsx | XLS | An Excel workbook containing spreadsheets of reference data for both tidal and wave resources. The tidal reference resource assumes a depth of 60m with a distance to shore of 300m and a power law of 1/7. The wave reference model assumes a depth of 70m and a distance to shore of 5000m. | Open resource |
| MHK System Cost Breakdown Structure.xlsx | XLS | An Excel template containing a cost breakdown structure (CBS) for a techno economic analysis of MHK technologies and devices. Updated June, 2021. | Open resource |
| MHK LCOE Guidance Presentation with Audio.pptx | Powerpoint | A presentation on the LCOE Reporting Guidance and reference resource data with example case. This presentation is supplementary to the LCOE Reporting Guidance. | Open resource |
| MHK SAM LCOE Calculator | HTML | Link to the download page for the System Advisor Model (SAM), which contains an MHK LCOE calculator. SAM downloads are available for Windows PC, Mac OS, and Linux | Open resource |
| Expert Elicitation for Wave Energy LCOE Futures 2022 | Report summarizing estimates for 2020 of levelized cost of energy (LCOE) for marine energy technologies based on elicitation from experts via in-person workshops, webinars, and quantitative data collection. | Open resource |