A screening method to quantify the economic viability of off-grid in-stream tidal energy deployment

Charlotte Lafleur, William AL. Truelove, Julien Cousineau, Clayton E. Hiles, Bradley Buckham and Curran Crawford

Renewable Energy, 2020, vol. 159, issue C, 610-622

Abstract: This study provides a framework to assess the economic viability of introducing tidal energy in a remote community to be used as a rapid screening tool by communities or project developers. Tidal projects life-cycle costs are modelled using the capabilities of HOMER Pro. Communities are described by the local price of diesel fuel (as a metric of the cost of electricity), their electrical load scale, and the local tidal current resource. A sequence of HOMER Pro models, exploring a range of these parameters and tidal turbine rated power combinations, were performed in pursuit of a simple relationship with economic viability.

Keywords: Tidal energy; Hybrid renewable energy systems; Economic analysis; Off-grid (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0960148120308004
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:159:y:2020:i:c:p:610-622

DOI: 10.1016/j.renene.2020.05.102

Access Statistics for this article

Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides

More articles in Renewable Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().