Mapping the economic potential of wave energy: grid connected and off-grid systems
dc.contributor.advisor
Johanning, Lars
en
dc.contributor.advisor
Ingram, David
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dc.contributor.advisor
Sayer, Phillip
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dc.contributor.author
Frost, Ciaran
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dc.contributor.sponsor
other
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dc.date.accessioned
2019-07-26T10:41:24Z
dc.date.available
2019-07-26T10:41:24Z
dc.date.issued
2019-03-13
dc.description.abstract
In recent times there has been a surge in renewable energy investment, as costs
fall and the full danger of global warming is realised by policymakers. As well as
more established industries, like wind and solar power, there is also high interest
in pre-commercial technologies with significant potential. Wave energy fits into
this category and has a number of advantages that make it a subject of ongoing
research and industrial activity. An energy dense resource, it is easier to forecast
than wind and fits the seasonal demand profile well. A global capacity of the order
of hundreds of gigawatts has been estimated, with a particularly strong resource
in the UK.
Despite these characteristics the industry has yet to reach a commercial level.
No company has been able to demonstrate consistent energy production at a cost
effective rate. Viable project locations must balance an energetic resource with
conditions that allow devices to be accessed for maintenance, while also trying to
minimise system costs. While utility scale farms are seen as the long term future
for the technology, off-grid hybrid systems could supply cheaper and dispatchable
energy at local levels. This market, while smaller, is made up of more costly forms
of energy so provides a better entry market. Conventional economic analyses for
both types of systems tend to be performed for single locations at a time. While
useful for benchmarking the technology, these methods are of limited use for site
scoping as energy production and costs can show large variation over relatively
short distances (<10 km).
This research thesis describes a geospatial economic model that has been created
to address the above issues. It was developed in collaboration with Albatern,
a wave energy developer, who provided their expertise and helped to guide the
research activities. The targeted application was to allow economic assessment
of Albatern's "WaveNET" device, either as a power station for grid connection or
an off-grid hybrid solution for aquaculture applications. The model has a number
of aspects that are of significant interest to the industry. These include computational
model design and geographic calculation of energy production, costs and
Levelised Cost of Energy (LCOE). The spatial approach is valuable as a whole
area can be evaluated at a time, indicating deployment locations particularly suitable
for the technology at hand. Sensitivity analysis is also easily carried out, to
build understanding of the cost drivers at specific locations.
The theory underpinning the model and its implementation is described. It
is then demonstrated with two representative case studies: considering grid-connected
and off-grid WaveNET device demonstrators on the West Coast of
Scotland. The results show the strengths of the approach as a way of identifying
economically viable hotspots and the main cost drivers. For the grid-connected
case, examining an area of 150 by 250 km, the model was able to identify a significant LCOE hotspot between the Isle of Skye and the Outer Hebrides. The
potential for the device to power a fish farm, when combined with a battery bank
and diesel generator, was then analysed. Two regions were examined and real
fish farm locations considered. The output results allow easy comparison between
the two system types, emphasising the advantages of investigating both to inform
business activity.
en
dc.identifier.uri
http://hdl.handle.net/1842/35896
dc.language.iso
en
dc.publisher
The University of Edinburgh
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dc.relation.hasversion
C. Frost, D. Findlay, E. Macpherson, P. Sayer, and L. Johanning, A model to map levelised cost of energy for wave energy projects, Ocean Engineering, vol. 149, pp. 438-451, 2018.
en
dc.relation.hasversion
C. Frost, D. Findlay, E. Macpherson, P. Sayer, and L. Johanning, Mapping Economic Performance of Wave Energy in Proceedings of Renew2016, 2016.
en
dc.relation.hasversion
C. Frost, D. Findlay, E. Macpherson, P. Sayer, and L. Johanning, Global market potential for small scale wave energy. Presentation at the International Conference on Ocean Energy (ICOE), Edinburgh, 2015.
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dc.subject
wave energy
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dc.subject
wave energy array
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dc.subject
lcoe
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dc.subject
renewable energy
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dc.subject
gis
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dc.subject
hybrid energy
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dc.subject
off-grid
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dc.subject
off grid
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dc.subject
energy
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dc.title
Mapping the economic potential of wave energy: grid connected and off-grid systems
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dc.type
Thesis or Dissertation
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dc.type.qualificationlevel
Doctoral
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dc.type.qualificationname
PhD Doctor of Philosophy
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