Gotta love CWE -" 2 X as much energy as previous deployed one" so lets qualify that statement . Same size buoy generator, same wave pattern yadda yadda what are the comparators and assumptions?. What is the maintainance cost?
So they get some more data but the real answers are how does it compare on a LCOE basis and how far before it could become a competitive reality even with all the avaliable grants and green power at a premium? What is their commercial pathway.
2 x may seem impressive but we have no idea of what they are comparing IMO ? The energy already has a comparison tool and shareholder have no idea where on the cost curve they currently sit and what they need to get to for a partner / order for purchase of a buoy installation,
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Gotta love CWE -" 2 X as much energy as previous deployed one"...
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