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by DrNosferatu
858 days ago
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The long-term projected levelized cost of the generated electricity really has to hit that $54/MWh target, otherwise the economics won't work - unless you absolutely must use some form of offshore energy production, then I guess it's an interesting niche application. It will be interesting to see. |
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So tidal doesn't actually have to be as cheap as wind and solar by itself, as it will lower the total cost of wind and solar and be economically viable as a part of the mix.
If you're a company operating wind or solar, then you will be able to have a much smaller battery installation, by using tidal kites for most of the baseload instead. And the kites actually generate energy instead of just storing it.