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Economic Perspectives of Renewable Energy Systems

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Economic Perspectives of Renewable Energy Systems ( economic-perspectives-renewable-energy-systems )

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18. There are a number of both technical and non-technical barriers that must be addressed. Non-technical barriers include: • Resource assessment. • Energy production forecasting and design tools. • Test and measurement standards. • Environmental impacts. • Arrays of farms of Ocean Energy Systems. • Dual-purpose plants that combine energy and other structures Technical barriers are specific to individual technologies and include: • Wave energy systems (wave behaviour and hydrodynamics of wave absorption, reliability and survivability incorporated into the design, generic mooring techniques, power take-off systems and deployment methodologies). • Tidal Stream Current Systems based on underwater turbines (basic knowledge of current speed along the water column, structure water tightness, cost efficiency and reliability, foundation and installation methods, as well as transfer of knowledge to underwater systems). • Salinity Gradient (development of functioning and efficient membranes). • Ocean Thermal Energy Conversion (thermal cycles, influence of the environment, floating systems and other). 19. In the near term, ocean energy technologies will continue prototype deployments and investigation of multi-device large scale deployments. In the medium term, these technologies may become a significant contributor to those markets adjacent to the resource. In the longer term, when hydrocarbon scarcity becomes an increasing constraint and new forms of energy transmission are justified, ocean energy could become a much more important part of the world’s energy portfolio. 117

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