SMMP Stage 1 - Public Report - CorPower Ocean AB

  • Stage

    Stage 1

  • Project Lead

    CorPower Ocean AB

  • Project Sub-Contractors

    Wave Venture Ltd, Balmoral Offshore Engineering

  • Author

    CorPower Ocean AB

  • Date

    May 2018

The HydroComp project assesses the viability of hybrid Fibre Reinforced Polymer (FRP) applied to the specific case of the prime mover of a point absorber Wave Energy Converter (WEC). This was done using an approach assessing affordability, availability, survivability, performance and its impact on overall project LCOE. Specific efforts were made to calculate the structural loads together with structural and stress analysis. The material performance, manufacturing and logistics results, and the risk assessment, were used to feed the LCOE analysis, where key performance and cost metrics were used to assess the viability of the proposed solution, including CAPEX, OPEX, structural efficiency, performance to load ratio and finally LCOE. 

Project Keywords: Fabrication, Structure, Design Load Cases, LCOE, Simulation, Survival, Polymer, Hybrid, Point Absorber, Materials, Stage 1

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