The economics of wave energy: A review

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Hydrodynamic performance of a floating breakwater as an oscillating-buoy type wave energy converter (2020, background): “solar photovoltaics, wind energy) [2], which have made the electricity generated by WECs less competitive.”
Review on Power Performance and Efficiency of Wave Energy Converters (2019, background): “Another work [29] focused on the economic aspect while comparing WECs, using the levelized cost of producing 1 kWh of energy and assessing their competitiveness and profitability.”
Hydrodynamic performance of a pile-supported OWC breakwater: An analytical study (2019, background): “At present, the cost of stand-alone in deeper waters remains high, which hampers the development of wave energy [9, 10].”
Marine Renewable Energy in the Mediterranean Sea: Status and Perspectives (2017, background): “The status of wave energy progress in Europe has been described in [58], while an overview of the wave energy economics can be found in [59,60].”
Renewable energy consumption and economic growth nexus: Evidence from a threshold model (2020, background): “For instance, Astariz and Iglesias (2015) reviewed cost estimates for ten electricity generation technologies and suggested that the most cost-effective technology is pulverized fuel, where the production cost of an energy unit of”