The influence diagram shows how the bulge wave concept produces a set of highly desirable characteristics. These result in capital costs comparable with conventional generation plus a high capacity factor adding up to the potential for excellent cost effectiveness.

COST OF ENERGY
This is the critical metric for any generation system. Independent study, sponsored by the Carbon Trust, has resulted in a potential cost of energy which is competitive or lower than other renewable sources including wind. A press release by the Carbon trust cited Anaconda as a system which has put the United Kingdom at the forefront of wave energy technology. To read this click here. Since this initial study we have developed the concept further to make it more efficient. The primary aim now is to reduce the uncertainty factors in the equation so that the overall risk in the project is substantially reduced.