OHT awarded 200 000 EUR in funding from the Swedish Energy Agency for an LCoE based cost optimization study.

OHT was awarded 200 000 EUR in funding from Swedish Energy Agency for an LCoE based cost optimization study.

The main tasks of the project is to:

  1. Validate the simulation model with a high fidelity CFD simulation (numerical tank testing).
  2. Design review and development of a complete system design for a 100 MW wave farm installation.
  3. Balance cost and performance on a component level through the system, to find the optimal configuration for lowest LCoE.

The main objective is to show an LCoE of 100 EUR / MWh at 100 MW deployed capacity (n:th unit in the learning curve model), and 35 EUR / MWh at GW scale deployment.