To normalize competing claims of LCOE, DOE has developed—for its own use—a standardized cost and performance data reporting process to facilitate uniform calculation of LCOE from MHK device developers. This standardization framework is only the first version in what is anticipated to be an iterative process that involves industry and the broader DOE stakeholder community.
Multiple files are attached here for review and comment.
The generalized Cost Breakdown Structure (CBS) for marine and hydrokinetic (MHK) projects is a hierarchical structure designed to facilitate the collection and organization of lifecycle costs of any type of MHK project, including wave energy converters and current energy convertners. At a high level, the categories in the CBS will be applicable to all projects; at a detailed level, however, the CBS includes many cost categories that will pertain to one project but not others. It is expected that many of the detailed levels of the CBS will be populated with "NA" or left blank.