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Levelised costs of Wave and Tidal energy in the UK: Cost competitiveness and the importance of "banded" Renewables Obligation Certificates

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Cited by:

  1. Vantoch-Wood, Angus & Connor, Peter M., 2013. "Using network analysis to understand public policy for wave energy," Energy Policy, Elsevier, vol. 62(C), pages 676-685.
  2. A.H.T. Shyam Kularathna & Sayaka Suda & Ken Takagi & Shigeru Tabeta, 2019. "Evaluation of Co-Existence Options of Marine Renewable Energy Projects in Japan," Sustainability, MDPI, vol. 11(10), pages 1-26, May.
  3. Lavidas, George & Venugopal, Vengatesan, 2017. "A 35 year high-resolution wave atlas for nearshore energy production and economics at the Aegean Sea," Renewable Energy, Elsevier, vol. 103(C), pages 401-417.
  4. de Jong, Pieter & Kiperstok, Asher & Torres, Ednildo A., 2015. "Economic and environmental analysis of electricity generation technologies in Brazil," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 725-739.
  5. Gurkan, G. & Langestraat, R., 2013. "Modeling And Analysis Of Renewable Energy Obligations And Technology Bandings In the UK Electricity Market," Other publications TiSEM a7a6216c-21eb-442e-a942-3, Tilburg University, School of Economics and Management.
  6. Qiu, Shouqiang & Liu, Kun & Wang, Dongjiao & Ye, Jiawei & Liang, Fulin, 2019. "A comprehensive review of ocean wave energy research and development in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 113(C), pages 1-1.
  7. Hannah Mareike Marczinkowski & Poul Alberg Østergaard & Søren Roth Djørup, 2019. "Transitioning Island Energy Systems—Local Conditions, Development Phases, and Renewable Energy Integration," Energies, MDPI, vol. 12(18), pages 1-20, September.
  8. Allan, Grant & Eromenko, Igor & McGregor, Peter & Swales, Kim, 2011. "The regional electricity generation mix in Scotland: A portfolio selection approach incorporating marine technologies," Energy Policy, Elsevier, vol. 39(1), pages 6-22, January.
  9. Farrell, Niall & Donoghue, Cathal O’ & Morrissey, Karyn, 2015. "Quantifying the uncertainty of wave energy conversion device cost for policy appraisal: An Irish case study," Energy Policy, Elsevier, vol. 78(C), pages 62-77.
  10. Vazquez, A. & Iglesias, G., 2015. "LCOE (levelised cost of energy) mapping: A new geospatial tool for tidal stream energy," Energy, Elsevier, vol. 91(C), pages 192-201.
  11. Lande-Sudall, D. & Stallard, T. & Stansby, P., 2019. "Co-located deployment of offshore wind turbines with tidal stream turbine arrays for improved cost of electricity generation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 104(C), pages 492-503.
  12. Delucchi, Mark A. & Jacobson, Mark Z., 2011. "Providing all global energy with wind, water, and solar power, Part II: Reliability, system and transmission costs, and policies," Energy Policy, Elsevier, vol. 39(3), pages 1170-1190, March.
  13. Simon Thomas & Marianna Giassi & Malin Göteman & Martyn Hann & Edward Ransley & Jan Isberg & Jens Engström, 2018. "Performance of a Direct-Driven Wave Energy Point Absorber with High Inertia Rotatory Power Take-off," Energies, MDPI, vol. 11(9), pages 1-17, September.
  14. Astariz, S. & Iglesias, G., 2015. "The economics of wave energy: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 45(C), pages 397-408.
  15. MacGillivray, Andrew & Jeffrey, Henry & Wallace, Robin, 2015. "The importance of iteration and deployment in technology development: A study of the impact on wave and tidal stream energy research, development and innovation," Energy Policy, Elsevier, vol. 87(C), pages 542-552.
  16. Fouz, D.M. & Carballo, R. & López, I. & González, X.P. & Iglesias, G., 2023. "A methodology for cost-effective analysis of hydrokinetic energy projects," Energy, Elsevier, vol. 282(C).
  17. Lim, Xin-Le & Lam, Wei-Haur & Hashim, Roslan, 2015. "Feasibility of marine renewable energy to the Feed-in Tariff system in Malaysia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 708-719.
  18. Astariz, S. & Iglesias, G., 2016. "Co-located wind and wave energy farms: Uniformly distributed arrays," Energy, Elsevier, vol. 113(C), pages 497-508.
  19. Topper, Mathew B.R. & Olson, Sterling S. & Roberts, Jesse D., 2021. "On the benefits of negative hydrodynamic interactions in small tidal energy arrays," Applied Energy, Elsevier, vol. 297(C).
  20. Chenglong Guo & Wanan Sheng & Dakshina G. De Silva & George Aggidis, 2023. "A Review of the Levelized Cost of Wave Energy Based on a Techno-Economic Model," Energies, MDPI, vol. 16(5), pages 1-30, February.
  21. Gurkan, G. & Langestraat, R., 2013. "Modeling And Analysis Of Renewable Energy Obligations And Technology Bandings In the UK Electricity Market," Discussion Paper 2013-016, Tilburg University, Center for Economic Research.
  22. Pasquale Contestabile & Enrico Di Lauro & Mariano Buccino & Diego Vicinanza, 2016. "Economic Assessment of Overtopping BReakwater for Energy Conversion (OBREC): A Case Study in Western Australia," Sustainability, MDPI, vol. 9(1), pages 1-28, December.
  23. Li, Gang & Zhu, Weidong, 2023. "Tidal current energy harvesting technologies: A review of current status and life cycle assessment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 179(C).
  24. Astariz, S. & Iglesias, G., 2017. "The collocation feasibility index – A method for selecting sites for co-located wave and wind farms," Renewable Energy, Elsevier, vol. 103(C), pages 811-824.
  25. Vazquez, A. & Iglesias, G., 2016. "Capital costs in tidal stream energy projects – A spatial approach," Energy, Elsevier, vol. 107(C), pages 215-226.
  26. Javidsharifi, Mahshid & Niknam, Taher & Aghaei, Jamshid & Mokryani, Geev, 2018. "Multi-objective short-term scheduling of a renewable-based microgrid in the presence of tidal resources and storage devices," Applied Energy, Elsevier, vol. 216(C), pages 367-381.
  27. Niall Farrell, 2014. "Chapter 06: Wind Energy in Ireland," Chapters from Rural Economic Development in Ireland, in: Rural Economic Development in Ireland, edition 1, chapter 6, Rural Economy and Development Programme,Teagasc.
  28. Troldborg, Mads & Heslop, Simon & Hough, Rupert L., 2014. "Assessing the sustainability of renewable energy technologies using multi-criteria analysis: Suitability of approach for national-scale assessments and associated uncertainties," Renewable and Sustainable Energy Reviews, Elsevier, vol. 39(C), pages 1173-1184.
  29. Lo Re, Carlo & Manno, Giorgio & Basile, Mirko & Ciraolo, Giuseppe, 2022. "The opportunity of using wave energy converters in a Mediterranean hot spot," Renewable Energy, Elsevier, vol. 196(C), pages 1095-1114.
  30. Jahanshahi, Akram & Kamali, Mohammadreza & Khalaj, Mohammadreza & Khodaparast, Zahra, 2019. "Delphi-based prioritization of economic criteria for development of wave and tidal energy technologies," Energy, Elsevier, vol. 167(C), pages 819-827.
  31. Wang, Yunfei & Li, Jinke & O'Leary, Nigel & Shao, Jing, 2024. "Banding: A game changer in the Renewables Obligation scheme in the United Kingdom," Energy Economics, Elsevier, vol. 130(C).
  32. Choupin, Ophelie & Henriksen, Michael & Tomlinson, Rodger, 2022. "Interrelationship between variables for wave direction-dependent WEC/site-configuration pairs using the CapEx method," Energy, Elsevier, vol. 248(C).
  33. Zeyringer, Marianne & Fais, Birgit & Keppo, Ilkka & Price, James, 2018. "The potential of marine energy technologies in the UK – Evaluation from a systems perspective," Renewable Energy, Elsevier, vol. 115(C), pages 1281-1293.
  34. Tunde Aderinto & Hua Li, 2019. "Review on Power Performance and Efficiency of Wave Energy Converters," Energies, MDPI, vol. 12(22), pages 1-24, November.
  35. del Río, Pablo & Bleda, Mercedes, 2012. "Comparing the innovation effects of support schemes for renewable electricity technologies: A function of innovation approach," Energy Policy, Elsevier, vol. 50(C), pages 272-282.
  36. Fouz, D.M. & Carballo, R. & López, I. & Iglesias, G., 2022. "A holistic methodology for hydrokinetic energy site selection," Applied Energy, Elsevier, vol. 317(C).
  37. Astariz, S. & Perez-Collazo, C. & Abanades, J. & Iglesias, G., 2015. "Co-located wave-wind farms: Economic assessment as a function of layout," Renewable Energy, Elsevier, vol. 83(C), pages 837-849.
  38. Gürkan, Gül & Langestraat, Romeo, 2014. "Modeling and analysis of renewable energy obligations and technology bandings in the UK electricity market," Energy Policy, Elsevier, vol. 70(C), pages 85-95.
  39. Wright, Daniel G. & Dey, Prasanta K. & Brammer, John, 2014. "A barrier and techno-economic analysis of small-scale bCHP (biomass combined heat and power) schemes in the UK," Energy, Elsevier, vol. 71(C), pages 332-345.
  40. Sharay Astariz & Gregorio Iglesias, 2015. "Enhancing Wave Energy Competitiveness through Co-Located Wind and Wave Energy Farms. A Review on the Shadow Effect," Energies, MDPI, vol. 8(7), pages 1-23, July.
  41. Dalton, Gordon & Allan, Grant & Beaumont, Nicola & Georgakaki, Aliki & Hacking, Nick & Hooper, Tara & Kerr, Sandy & O’Hagan, Anne Marie & Reilly, Kieran & Ricci, Pierpaolo & Sheng, Wanan & Stallard, T, 2015. "Economic and socio-economic assessment methods for ocean renewable energy: Public and private perspectives," Renewable and Sustainable Energy Reviews, Elsevier, vol. 45(C), pages 850-878.
  42. Pearre, Nathaniel & Swan, Lukas, 2020. "Reimagining renewable electricity grid management with dispatchable generation to stabilize energy storage," Energy, Elsevier, vol. 203(C).
  43. Aravena, Claudia & Martinsson, Peter & Scarpa, Riccardo, 2014. "Does money talk? — The effect of a monetary attribute on the marginal values in a choice experiment," Energy Economics, Elsevier, vol. 44(C), pages 483-491.
  44. Drew, D.R. & Barlow, J.F. & Cockerill, T.T. & Vahdati, M.M., 2015. "The importance of accurate wind resource assessment for evaluating the economic viability of small wind turbines," Renewable Energy, Elsevier, vol. 77(C), pages 493-500.
  45. Astariz, S. & Perez-Collazo, C. & Abanades, J. & Iglesias, G., 2015. "Towards the optimal design of a co-located wind-wave farm," Energy, Elsevier, vol. 84(C), pages 15-24.
  46. Niwagira Daniel & Juyoul Kim, 2022. "A Study on Integrating SMRs into Uganda’s Future Energy System," Sustainability, MDPI, vol. 14(16), pages 1-21, August.
  47. Ophelie Choupin & Michael Henriksen & Amir Etemad-Shahidi & Rodger Tomlinson, 2021. "Breaking-Down and Parameterising Wave Energy Converter Costs Using the CapEx and Similitude Methods," Energies, MDPI, vol. 14(4), pages 1-27, February.
  48. Yang, Zhixue & Ren, Zhouyang & Li, Zhenwen & Xu, Yan & Li, Hui & Li, Wenyuan & Hu, Xiuqiong, 2022. "A comprehensive analysis method for levelized cost of energy in tidal current power generation farms," Renewable Energy, Elsevier, vol. 182(C), pages 982-991.
  49. Pearre, Nathaniel & Swan, Lukas, 2020. "Combining wind, solar, and in-stream tidal electricity generation with energy storage using a load-perturbation control strategy," Energy, Elsevier, vol. 203(C).
  50. Topper, Mathew B.R. & Nava, Vincenzo & Collin, Adam J. & Bould, David & Ferri, Francesco & Olson, Sterling S. & Dallman, Ann R. & Roberts, Jesse D. & Ruiz-Minguela, Pablo & Jeffrey, Henry F., 2019. "Reducing variability in the cost of energy of ocean energy arrays," Renewable and Sustainable Energy Reviews, Elsevier, vol. 112(C), pages 263-279.
  51. Jenkins, Lekelia Danielle & Dreyer, Stacia Jeanne & Polis, Hilary Jacqueline & Beaver, Ezra & Kowalski, Adam A. & Linder, Hannah L. & McMillin, Thomas Neal & McTiernan, Kaylie Laura & Rogier, Thea The, 2018. "Human dimensions of tidal energy: A review of theories and frameworks," Renewable and Sustainable Energy Reviews, Elsevier, vol. 97(C), pages 323-337.
  52. Weaver, Tyson, 2012. "Financial appraisal of operational offshore wind energy projects," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(7), pages 5110-5120.
  53. Yılmaz Balaman, Şebnem & Scott, James & Matopoulos, Aristides & Wright, Daniel G., 2019. "Incentivising bioenergy production: Economic and environmental insights from a regional optimization methodology," Renewable Energy, Elsevier, vol. 130(C), pages 867-880.
  54. Aldersey-Williams, J. & Rubert, T., 2019. "Levelised cost of energy – A theoretical justification and critical assessment," Energy Policy, Elsevier, vol. 124(C), pages 169-179.
  55. Lai, Chun Sing & McCulloch, Malcolm D., 2017. "Levelized cost of electricity for solar photovoltaic and electrical energy storage," Applied Energy, Elsevier, vol. 190(C), pages 191-203.
  56. Zoe Goss & Daniel Coles & Matthew Piggott, 2021. "Economic analysis of tidal stream turbine arrays: a review," Papers 2105.04718, arXiv.org.
  57. Cerdá, Emilio & del Río, Pablo, 2015. "Different interpretations of the cost-effectiveness of renewable electricity support: Some analytical results," Energy, Elsevier, vol. 90(P1), pages 286-298.
  58. Culley, D.M. & Funke, S.W. & Kramer, S.C. & Piggott, M.D., 2016. "Integration of cost modelling within the micro-siting design optimisation of tidal turbine arrays," Renewable Energy, Elsevier, vol. 85(C), pages 215-227.
  59. Vennell, Ross & Major, Robert & Zyngfogel, Remy & Beamsley, Brett & Smeaton, Malcolm & Scheel, Max & Unwin, Heni, 2020. "Rapid initial assessment of the number of turbines required for large-scale power generation by tidal currents," Renewable Energy, Elsevier, vol. 162(C), pages 1890-1905.
  60. Teillant, Boris & Costello, Ronan & Weber, Jochem & Ringwood, John, 2012. "Productivity and economic assessment of wave energy projects through operational simulations," Renewable Energy, Elsevier, vol. 48(C), pages 220-230.
  61. Radfar, Soheil & Panahi, Roozbeh & Javaherchi, Teymour & Filom, Siyavash & Mazyaki, Ahmad Rezaee, 2017. "A comprehensive insight into tidal stream energy farms in Iran," Renewable and Sustainable Energy Reviews, Elsevier, vol. 79(C), pages 323-338.
  62. Wright, Daniel G. & Dey, Prasanta K. & Brammer, John G., 2013. "A fuzzy levelised energy cost method for renewable energy technology assessment," Energy Policy, Elsevier, vol. 62(C), pages 315-323.
  63. Francesco Ferri & Simon Ambühl & Boris Fischer & Jens Peter Kofoed, 2014. "Balancing Power Output and Structural Fatigue of Wave Energy Converters by Means of Control Strategies," Energies, MDPI, vol. 7(4), pages 1-28, April.
  64. del Río, Pablo & Cerdá, Emilio, 2014. "The policy implications of the different interpretations of the cost-effectiveness of renewable electricity support," Energy Policy, Elsevier, vol. 64(C), pages 364-372.
  65. Rodrigues, N. & Pintassilgo, P. & Calhau, F. & González-Gorbeña, E. & Pacheco, A., 2021. "Cost-benefit analysis of tidal energy production in a coastal lagoon: The case of Ria Formosa – Portugal," Energy, Elsevier, vol. 229(C).
  66. Takvor H. Soukissian & Dimitra Denaxa & Flora Karathanasi & Aristides Prospathopoulos & Konstantinos Sarantakos & Athanasia Iona & Konstantinos Georgantas & Spyridon Mavrakos, 2017. "Marine Renewable Energy in the Mediterranean Sea: Status and Perspectives," Energies, MDPI, vol. 10(10), pages 1-56, September.
  67. González-Gorbeña, Eduardo & Qassim, Raad Y. & Rosman, Paulo C.C., 2016. "Optimisation of hydrokinetic turbine array layouts via surrogate modelling," Renewable Energy, Elsevier, vol. 93(C), pages 45-57.
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