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© 2009 Electric Power Research Institute, Inc. All rights reserved.

“Learning by Doing”

Wind 40,000  MW – Wave 90 MW Cum Production

   WindWave

 Low            Best         High   

$/kW Install      706       1,7402,540        3,440

c/kWh O&M      0.9     2.9  4.2  5.4

COE (cents/kWh)

  Real               2.7          5.4               9.1          11.4

Market Price -

Learning Investment

Cumulative Production Volume

Price

Progress Ratio

Break-even

Point

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