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 |
LimpetShoreline wave energy device
| |
Current contract | 5.95
|
Predicted unit cost | 4.50
|
Ospreynear shore wave energy device
| |
Today's unit cost | 5.40
|
Predicted future unit cost | 4.25
|
Hydrafloating 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
|