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Microcap & Penny Stocks : MKRS (Mikros) Big Mover
MKRS 0.130+0.4%Feb 1 4:00 PM EST

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To: thomas a. burke who wrote (239)10/2/2009 9:28:42 PM
From: John F. Poteraske   of 274
 
Good Read from Ocean Energy Council:
oceanenergycouncil.com

What are the anticipated wave energy cost?

It has been estimated that improving technology and economies of scale will allow wave generators to produce electricity at a cost comparable to wind-driven turbines, which produce energy at about 4.5 cents kWh.

For now, the best wave generator technology in place in the United Kingdom is producing energy at an average projected/assessed cost of 7.5 cents kWh.

In comparison, electricity generated by large scale coal burning power plants costs about 2.6 cents per kilowatt-hour. Combined-cycle natural gas turbine technology, the primary source of new electric power capacity is about 3 cents per kilowatt hour or higher. It is not unusual to average costs of 5 cents per kilowatt-hour and up for municipal utilities districts.

Even though wave energy is at the very beginning of the manufacturing learning curve, capital costs per net kw are already down in the range of wind energy devices, and below solar
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