Annex 2
OSPREY—NEAR-SHORE
WAVE ENERGY
PLANT
Assumptions
| Discount Rate | 8 per cent
|
| Plant Life | 20 years
|
| Wind Turbine incorporated on device | 1,500 kW
|
| Base case: |
|
| — CAPEX | £4.5 million
|
| — Annual average output |
1,000 kWs |
| — Incident wave energy |
32 kWs/m |
Operation and maintenance costs together with grid connection
costs are included.
Grid reinforcement costs are not considered.
The annual average output will increase in future devices
from a combination of technical improvements to the plant and
from placement of devices in areas of higher incident wave energy.
| 
