| dc.description.abstract | Part I (1) of this thesis provides theoretical and experimental research on the Archimedes Buoyancy Principle (ABP). In particular, the research focuses and emphasizes on the current definition of the magnitude and direction of the ABP. The current definition of the ABP is verified, and then scrutinized by the theoretical results obtained from the research. A new theoretical (mathematical) proof confirms exceptions to the ABP, which forms the basis for performing the experimental research on the energy machine WorldPower Energy (WPE). The experimental results are thus linked to the theoretical starting point, and the remarkable effects of the results are further discussed and implemented in practice. A practical solution for generating energy is provided: the solution is based on the exceptions from the ABP, combined with pressure differences caused by the course of nature.
In addition, part I (1) of this thesis provides theoretical research on the effects of corrosion on metals and alloys in the (sea)water environment. The factors causing metals and alloys to corrode are analysed and discussed for the purpose of the energy machine WPE. In particular, the objective is to examine what can be done to prevent or minimize corrosion, and as such, to increase the lifetime of materials and thus reduce maintenance costs.
Part II (2) of this thesis provides theoretical research on the market potential for the new energy machine WPE. In particular, the market potential for the energy machine WPE is expressed by relating the levelized cost of energy (LCOE) of WPE to that of the existing energy machines. The main factors determining the LCOE of energy machines are investigated and discussed, and their impact on the market response is illustrated (the market equilibrium). Moreover, a new customized LCOE decision-making criterion for renewable energy sources is suggested. In addition, future expectations and cost estimation methods are implemented for the WPE energy machine using available information and knowledge-based assumptions. The range of uncertainty (risk) related to the knowledge-based assumptions is reflected in the cost estimates. | |