Select Committee on Science and Technology Appendices to the Minutes of Evidence


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


 
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