A scale model of a Magallanes tidal turbine is being tested in SSPA’s cavitation tunnel, in order to verify the efficiency of the blades and provide data for improved blade design.
A set of composite panels made from fibreglass and a gel-coat coating have been installed for testing at the HarshLab facility as part of the NEMMO Project.
Levelised Cost of Energy (LCOE) determines how much money must be made per unit of electricity (kWh, MWh etc. or even other types of energy like home heating) to recoup the lifetime costs of the system. This includes the initial capital investment, maintenance costs, the cost of fuel for the system (if any), any operational costs and the discount rate.