Penguin Cost of Energy Map
» Bringing the power of the waves to the world.
Here at Wello we are proud of the work, experience and dedication of our team in the development of all our technologies. This strive for excellence has culminated to our consumer ready Penguin Wave Energy Converter (WEC). With data from Copernicus, the European Union’s Earth Observation Programme, we have developed the Penguin cost of Energy Map, a simple tool to show the device’s cost of energy along all feasible bodies of water around the globe. The Penguin WEC’s Cost of Energy Map shows a glimpse of the possibilities of the device can bring to the world. With energy costs reaching sub 0,1 €/kWh in many locations, the Penguin is ready for all your energy production needs. The Penguin has proven its survivability in the harshest ocean conditions any wave energy converter has been subject to, all whilst producing energy to the local grid (click here to find out more). With energy production capabilities which rival offshore wind, now more than ever is the time to look towards The Penguin WEC to offer you clean, cost effective alternates to energy production.
The Map shows the cost of energy per wave energy converter, with the differing colours showing the ranges of the cost of energy. Cost calculations for this map includes estimates of costs from our partners for the Penguin WEC unit and include both the capital and operating expenditures (capex and opex ). The calculations do not include moorings and a grid connect cable, these costs are site specific. Operating expenditures for the Penguins include the experienced based maintenance of the device per year, including both preventative and corrective maintenance costs over the device’s lifetime, which is 30 years. The calculation basis for the map are designed to optimize for lowest feasible cost of energy, per device in the given region. This ensures that the power production levels of the device are high whilst also guaranteeing the highest return of investment.
For more detailed descriptions of regions of interest as well as custom requirements such as energy requirements or wave park size please feel free to contact our sales team at: firstname.lastname@example.org
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