WP08 - Cost of Energy

Work Package 08 is concerned with determining the cost of energy generated by the LiftWEC system using a complete lifecycle approach. The specific objectives of this work package are as follows:

• To obtain a reliable estimate of the Levelized Cost of Energy (LCoE) of the LiftWEC concept.
• In synergy with WP02 Concept development and evaluation, this WP will support the identification of the preliminary, baseline, and final configurations of the LiftWEC concept.
• The LCoE of these configurations, optimised for some selected deployment locations, will be calculated, to evaluate the economic viability of the concept.