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FEASIBILITY To determine system feasibility and profitability, the following steps should taken: 1. Project type, Size and Capital Investment a. Review all proposed systems and select the system that best meets with Client needs. b. Determine the site location, onshore/offshore and the type of structure. c. Determine the required output, whether water or air at high pressure, or electric power. d. Determine the output voltage and frequency. e. Determine the extent of monitoring and control systems f. The above would determine the capital investment to execute the project. 2. Request for Information as outlined under Road Map 3. Develop the Sea State i.e. Prevailing Wave Heights and Duration for one Year. a. The sumproduct of wave height durations and the respective KW output multiplied by the prevailing price of one (1) KW Hour gives the expected income of the project. 4. Apply for Licensing and Permits from Government Agencies, from NGO’s and from Environmental Organizations. a. This can be done at any time during the project planning. 5. Request Quotations a. As shown under Road Map BUDGETING The smallest "Construction Unit" consists of ten (10) sets, each consisting of four (4) pumps or generators installed in line with the incoming wave, for a total of forty (40) wave water pumps or generators per construction unit. Additional construction units would be added as required for higher outputs as needed as additional units at a future date. The cost for installing wind power turbines is of the order of 3,000 to 4,000 US$ per installed KW plus the cost of land, access roads, safety and security. The cost for installing solar power turbines is of the order of 3,000 to 4,000 US$ per installed KW plus the cost of land, access roads, safety and security. Energy extraction is as detailed at Table –2, and summarized as follows:
Kindly note, that the system can extract energy from waves as low as 75 centimeters. Project cost depends upon site location, system configuration, system selected, the amount of monitoring and control, and economy of scale. For budgeting purposes the cost of installation varies between 3,000 and 5,000 US$ per KW. There are no land costs, access road costs, security and/or safety costs. Additional construction units would be added as required for higher outputs as needed as additional units at a future date. The cost for installing wind power turbines is of the order of 3,000 to 4,000 US$ per installed KW plus the cost of land, access roads, safety and security. The cost for installing solar power turbines is of the order of 3,000 to 4,000 US$ per installed KW plus the cost of land, access roads, safety and security. Project Financial Return For a sea state as given in Table -5 for wave height hourly incidence per year, the system can generate for: 1-Construction Unit of 40 Pumps or Generators 1,287,772 KWH per Year 2-Construction Unit of 80 Pumps or Generators 2,557,544 KWH per Year 3-Construction Unit of 120 Pumps or Generators 3,836,315 KWH per Year 4-Construction Unit of 160 Pumps or Generators 5,115,087 KWH per Year 5-Construction Unit of 200 Pumps or Generators 6,393,859 KWH per Year
Table -5 Average Wave Height Hourly/Year Sea State Distribution at Humboldt Bay-CA Data Source PG&E
Calculation and Drawings Available upon request
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