ECONOMICAL EVALUATION AND POTENTIAL ENVIRONMENTAL EFFECTS OF HYDROKINETIC ENERGY TECHNOLOGIES

Abstract

An analysis of the impact of hydrokinetic energy technology schemes has been carried out on the following river parameters: water quality, the riverbed and bank stability, sediment dynamics, coastal and aquatic vegetation, fish communities, noise, aesthetics, fishing and riverbed practicability (kayaks and barges). Hydrokinetic energy generation technologies are compared to conventional tidal technologies. Each parameter assessed was evaluated for minor, notable, high, and very high likelihood of constant and temporary exposure. Subordinate elements, such as aesthetics, fishing, and river practicability were determined to be the greatest possible use of hydrokinetic energy schemes in the world rather than river ecosystem elements. The researchers carried out an approximate assessment of the economic indicators because Lithuania does not operate hydrokinetic power plants. An assessment of reduced investment and electricity market energy purchase price indicates that the approximate payback period is six years and the net present value in the seventh year of operation is EUR 7,450.

Keywords: hydrokinetic energy, non-tidal technologies, potential environmental effect.

Article DOI: http://doi.org/10.15544/RD.2015.065