Performance Period: 2010
The Marine and Hydrokinetic (MHK) Jobs and Economic Development Impact Model (JEDI) is designed to demonstrate the economic impacts associated with developing and operating MHK power systems in the United States. Hydrokinetic technologies include wave, tidal, river hydrokinetic, and ocean current technologies. The model was developed in collaboration with MRG Associates and NREL.
MHK is an emerging renewable technology sector with limited deployed capacity (about 5 MW) to date. Unlike wind and other renewable and conventional technologies, there are relatively few examples of commercial applications operating today and little publicly available cost data [installation or operation and maintenance (O&M)] for these systems. In the absence of historical cost data, engineering cost models were used to develop a set of reference cost data.
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