News: CWE Carnegie Wave energy signs MOU, page-36

Here are some more numbers.

"The extra swell and lower running costs mean that CETO 6’s electricity will be cheaper than CETO 5’s. Mr Ottaviano reckons that if CETO 5 were deployed en masse, in “wave farms” with a capacity of 25MW, it could produce electricity at a cost of 30-40 US cents a kW-hour, which is competitive with diesel. At a similarly large scale, CETO 6’s electricity would, Mr Ottaviano says, cost about 20 cents a kW-hour. Ultimately, he thinks, economies of scale could bring that down to 12-15 cents a kW-hour for a 100MW wave farm. That is about the same as the cost of grid electricity in this part of Western Australia, allowing for the subsidy now given to renewable energy sources."

http://www.economist.com/news/scien...ralia-may-make-wave-power-reality-looks-swell