UMass 2-Body WEC Techno-Economic Assessment

Description

The University of Massachusetts (UMass) is developing a 2-body wave energy converter (WEC) device that is converting mechanical power into electricity using a mechanical motion rectifier that allows the system to couple to a flywheel. UMass has completed numerical modeling, wave tank testing, and PTO sub-system testing and needed assistance in developing a techno-economic model to enable optimization of their topology, comparison to a generic heaving point absorber topology, and guide the next steps in their development efforts. The core objective was to develop a techno-economic approach and modeling tool that allows benchmarking of the two topologies across a wide range of scales to evaluate their respective competitiveness in different application spaces.

This data includes the final report as well as a supporting spreadsheet containing the data produced for this report.

Resources

Name Format Description Link
Cost Model Plots.xlsm XLS Supporting Data for the final report found below. Open resource
TEAMER Final Report.pdf PDF Final report detailing the background, scope, conclusions, and other techno-economic project details. Open resource

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