APPENDIX 33
Supplementary memorandum submitted by
Wavegen, following the Evidence Session of 21 March
Additional information requested by the Committee
Summary of current and predicted future costs:
| |
Pence/kWh |
| Limpet—Shoreline wave energy device
| |
| Current contract | 5.95
|
| Predicted unit cost | 4.50
|
| Osprey—near shore wave energy device
| |
| Today's unit cost | 5.40
|
| Predicted future unit cost | 4.25
|
| Hydra—floating near and offshore wave energy device
| |
| Today's unit cost | 4.0
|
| Predicted unit cost: |
|
| — 5 years | 3.2
|
| — 10 years | 2.7
|
The attached annexes show the key assumptions for each device
together with a chart that highlights the influence of the variables
on the unit cost of power.
27 March 2001
| 
