Ingenieur Vol 77 Jan-Mar 2019 ingenieur 2019 Jan-March | Page 29

Figure 1. COMPARATIVE ANALYSIS OF VARIOUS FORMS OF RE Figure 1. Comparative Analysis of Various Forms of Renewable Energy (RE) … AN OVERVIEW OF OCEAN AND SOLAR PV AN OVERVIEW OF OCEAN ENERGY AND ENERGY SOLAR PV A Bakar Jaafar @UTM OTEC for BEM The Ingenieur 25 January 2019 Table Cost of of Renewable Renewable Energy Energy Generation by by Capital Investment and Capacity Factor Factor Table 1. 1. Cost Generation Capital Investment and Capacity Capacity Output Ocean Input factor Energy Cost of Cost of Generation (MWh) year Capacity Investment (Million MW/Million MWh/Million Ocean Ocean and Solar Capacity (MW) USD USD) USD Energy Energy PV (USD/KWh) USD/MWh Wave Energy Tidal Energy Offshore wind OTEC 10 24,000 63 0.16 380 30% 0.56 560 254 406,400 298 0.85 1363 20% 0.28 280 10 33,600 40 0.25 840 42% 0.17 170 53 402,800 451 0.12 893 95% 0.13 130 Salinity gradient 200 1,280,000 600 0.33 2133 80% 0.09 90 Solar PV 10 16,000 38 0.26 421 20% 0.25 250 kWh: Kilowatt-hour, MW: Megawatt [ Data Source: IRENA (2012, (2012, 2014), ADB Report (2015)] [Data Source: IRENA 2014), ADB Report (2015)] https://www.adb.org/sites/default/files/publication/42517/wave-energy-conversion-ocean-thermal-energy.pdf https://www.adb.org/sites/default/files/publication/42517/wave-energy-conversion-ocean-thermal-energy.pdf http://www.irena.org/documentdownloads/publications/wave-energy_v4_web.pdf http://www.irena.org/documentdownloads/publications/wave-energy_v4_web.pdf http://www.irena.org/DocumentDownloads/Publications/Tidal_Energy_V4_WEB.pdf http://www.irena.org/DocumentDownloads/Publications/Tidal_Energy_V4_WEB.pdf http://www.irena.org/DocumentDownloads/Publications/Salinity_Energy_v4_WEB.pdf http://www.irena.org/-/media/Files/IRENA/Agency/Publication/2016/IRENA-ETSAP_Tech_Brief_Wind_Power_E07.ashx http://www.irena.org/DocumentDownloads/Publications/Salinity_Energy_v4_WEB.pdf www.irena.org/documentdownloads/publications/irena_rethinking_energy_2017.pdf A Bakar Jaafar @UTM OTEC for BEM http://www.irena.org/-/media/Files/IRENA/Agency/Publication/2016/IRENA-ETSAP_Tech_Brief_Wind_Power_E07.ashx 25 January 2019 The Ingenieur www.irena.org/documentdownloads/publications/irena_rethinking_energy_2017.pdf 27