The fair evaluation of wave energy converters

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Abstract

In this paper, a fair evaluation method of WECs (Wave Energy Converters) is established based on frequency domain simulation. In this fair evaluation, size optimization and downsizing of PTO (Power Take-Off) capacity are included to minimize the Cost of Energy for the concerned wave location. Based on this fair evaluation, a techno-economic evaluation of a generic point absorber is conducted for a specific wave location, and two different control strategies of PTO are considered. The results show that this fair evaluation method can contribute to the improvement of techno-economic performance of WECs. Furthermore, a comparison among three different size optimization methods of WECs is performed.