The energy conversion capacity of wave energy conversion devices highly depends on the hydrodynamic characteristics of the energy-harvesting structure. To investigate the effect of hydrodynamic performance on the power conversion characteristics, a twin-buoy wave energy converter (WEC) was investigated by using a three-dimensional numerical wave pool based on the Computational Fluid Dynamics (CFD) method. Several factors are examined, including the elasticity coefficient of the anchor chain, the bottom configuration of the floating body, and the power take-off (PTO) damping coefficient. The heave displacement, heave velocity, and heave force of the converter are calculated under specific wave parameters, and the flow field cloud diagram during the heave motion is analyzed. The results indicate that a wave energy converter with a hemispherical floating body exhibits the best kinematic performance. The influence of the mechanical damping coefficient on the energy conversion performance of the device is studied. By appropriately reducing the mechanical damping coefficient, the energy capturing capability of the device can be increased to a certain extent. These findings can serve as a theoretical basis for the application of deep-water wave energy conversion in engineering and the optimization of future WEC designs.
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