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

Example Commercial Wave Power Plant

Rated Power                              90 MW

Annual Absorbed Energy      359,460 MWh

Device Availability                        95%  

Power Conversion Efficiency           88%  

Busbar Electrical Energy       300,420 MWh

Avg Electrical Power                   34.3 MW

Installed Cost  

    Transmission & Grid II/C         $2,500,000               $17,647,000                     Total Plant Cost                 $214,791,720

     Const Financing                     $16,940,702 Total Installed Cost            $231,732,422

Annual O&M Cost                                                                                    $2,322,425                                              $4,295,752             Insurance                                   $4,295,752       Total                                          $10.913,929           10-Yr Refit                                                      Operation Parts              $9758,321          Cons Mgmt and Com                 $13,776,280      Total              $23,534,601           

UG COE              11 (Nom) 9.1 (Real) cents/kWh

Preliminary Design,Reedsport  Oregon – Pelamis WEC – see EPRI WP-006-OR at www.epri.com@oceanenergy/

Performance

O&M Costs

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