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A screening method to quantify the economic viability of off-grid in-stream tidal energy deployment

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  • Lafleur, Charlotte
  • Truelove, William AL.
  • Cousineau, Julien
  • Hiles, Clayton E.
  • Buckham, Bradley
  • Crawford, Curran

Abstract

This study provides a framework to assess the economic viability of introducing tidal energy in a remote community to be used as a rapid screening tool by communities or project developers. Tidal projects life-cycle costs are modelled using the capabilities of HOMER Pro. Communities are described by the local price of diesel fuel (as a metric of the cost of electricity), their electrical load scale, and the local tidal current resource. A sequence of HOMER Pro models, exploring a range of these parameters and tidal turbine rated power combinations, were performed in pursuit of a simple relationship with economic viability.

Suggested Citation

  • Lafleur, Charlotte & Truelove, William AL. & Cousineau, Julien & Hiles, Clayton E. & Buckham, Bradley & Crawford, Curran, 2020. "A screening method to quantify the economic viability of off-grid in-stream tidal energy deployment," Renewable Energy, Elsevier, vol. 159(C), pages 610-622.
    • Handle: RePEc:eee:renene:v:159:y:2020:i:c:p:610-622
    DOI: 10.1016/j.renene.2020.05.102
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    References listed on IDEAS

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    Cited by:

    1. Pascasio, Jethro Daniel A. & Esparcia, Eugene A. & Castro, Michael T. & Ocon, Joey D., 2021. "Comparative assessment of solar photovoltaic-wind hybrid energy systems: A case for Philippine off-grid islands," Renewable Energy, Elsevier, vol. 179(C), pages 1589-1607.
    2. Richardson, Riley Lindsay & Buckham, Bradley & McWhinnie, Lauren Helen, 2022. "Mapping a blue energy future for British Columbia: Creating a holistic framework for tidal stream energy development in remote coastal communities," Renewable and Sustainable Energy Reviews, Elsevier, vol. 157(C).

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