Assessment of Wave Energy Converters Based on Historical Data from a Given Point in the Sea.

The assessment of wave energy converters is a key issue for planning and managing the economic feasibility wave power plants. However, obtaining reliable assessments is a difficult goal due to the strong stochastic component of wave behaviour. This paper proposes a simple and straightforward assessment method based on empirical data to estimate not only the expected values of converted power, but also their confidence limits. The method combines Gaussian mixed models with the Monte Carlo method. The proposed approach was validated by assessing five converters with data obtained from two different buoys. The daily converted power values agree with the measured wave parameter patterns. Furthermore, all the observed values of monthly generated energy in the three years after the evaluation fell within the forecast intervals, supporting the validity of the proposed approach. [ABSTRACT FROM AUTHOR]