WECs need to work in areas where waves are very strong, implying that commissioning and maintaining the device could be challenging and costly. Therefore, increasing the reliability and safety of WEC systems would present a significant operational cost-cutting opportunity.
Wave energy is still at an early stage of development. By using our experience with wind and solar, we can anticipate the opportunities and requirements for integrating wave energy into the electrical grid.
To ensure the successful development and deployment of wave energy converters, it is essential to keep track of several key metrics that provide valuable insights into their performance and efficiency.