This paper, by Gavin Smart, conducts a financial appraisal of options available when looking at the optimum marine energy electrical array design.
One of the many challenges facing the marine energy industry is the design of a cost-effective and efficient electrical network to collect and transmit power from marine energy converters (MECs) to shore. In order to make an informed financial decision on architecture choice, it is critical to be able to identify the factors driving differential cash flows between each option and conduct a like-for-like comparison. Without a valid comparison, decisions are likely to be financially sub-optimal.
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