Commercial Potential
It is estimated that the Ocean Harvester already in the compan´s first commercial wave farm in 2014-2015 will produce electricity at the price 60 EUR/MWh which is very competitive to, for example, wind power.
Going forward, it will be possible to reduce the production cost further to at least 40 EUR/MWh (in the same order as new installations of nuclear and hydro power) du to continued technical development and economics of scale.
