MHK Risk Management Framework
Marine and Hydrokinetic Energy Risk Management Framework presentation from Water Power Technologies Office Peer Review, FY14-FY16.
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Engineering topics
Weber, Jochem W
Publications and source records attributed to Weber, Jochem W.
Cost, Time, and Risk Assessment of Different Wave Energy Converter Technology Development Trajectories: Preprint
This paper presents a comparative assessment of three fundamentally different wave energy converter technology development trajectories. The three technology development trajectories are expressed and visualised as a function of technology readiness levels and technology performance levels. The assessment shows that development trajectories that initially prioritize technology readiness over technology performance are likely to require twice the development time, consume a threefold of the development cost, and are prone to a risk of technical or commercial failure of one order of magnitude higher than those development trajectories that initially prioritize technology performance over technology readiness.
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