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2020 | OriginalPaper | Chapter

10. Comparison of Wave Energy and Offshore Wind

Authors : Laura Castro-Santos, Félix Puime Guillén

Published in: Econometrics of Green Energy Handbook

Publisher: Springer International Publishing

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Abstract

The aim of this chapter is to compare wave energy and offshore wind energy in economic terms. The future of energy and electricity production will be at ocean. In this sense, offshore wind and wave energy are the two main important offshore renewable energies. However, it is important to compare them in economic terms to calculate their feasibility in order to take strategic decisions. In this context, aspects such as the LCOE are calculated to provide an economic comparison of these two technologies. The methodology will be carried out for a particular case of study. The location selected for this purpose has the offshore wind resource, and the wave energy resource is very good: It is the region of Galicia (located in the northwest of Spain). Results indicate the best ocean renewable energy in economic terms. This comparison is useful for future considerations in order to select the best location for an offshore renewable energy farm.

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Title: Comparison of Wave Energy and Offshore Wind
Authors: Laura Castro-Santos
Félix Puime Guillén
Publisher: Springer International Publishing
Book: Econometrics of Green Energy Handbook
Print ISBN: 978-3-030-46846-0

Electronic ISBN: 978-3-030-46847-7

Copyright Year: 2020
DOI: https://doi.org/10.1007/978-3-030-46847-7_10

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