Costing Annexe To Consultants Preliminary Report

Abstract

The procedure for costing the Reference Designs of the Wave Power Devices is described in Chapter 3 of the Consultant's Preliminary Report. The detailed breakdown of the prices determined for each Device, together with tabulated comparisons of the data received from contractors, is given as an Appendix to this Cost Annexe. The following tabulated summaries cover the overall capital cost of the construction of a 200 MW installed capacity power station for each Device. They should not be taken outside the context of the Consultants Preliminary Report, in which the reservations to be placed both on the preliminary Reference Designs and on the preliminary costing exercise are clearly stated. During this study, time did not permit the exploration of the many avenues which are available for potential cost reduction both by redesign and the study of alternative construction procedures. In particular there has been no opportunity for discussion of the costing exercise with the Device Teams. However, a study of the cost breakdowns indicates areas in each Device where cost savings should be achieved by appropriate design changes or more detailed analysis.