Download - Ocean Thermal Energy - An Introduction
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An Introduction
Copyright © 2012 Ocean Thermal Energy Corporation
Educating the World About OTEC
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OTEC is a global game changer
This short presentation seeks to educate and
inform the public of the considerable benefits
of the technology and its positive effect on
millions of people worldwide
Copyright © 2012 Ocean Thermal Energy Corporation
Educating the World About OTEC
3
View this video online at http://www.youtube.com/watch?v=bMhbvPai2uY
Clean Water + Energy = Peace. This reality is now entirely achievable with the proven game-changing technology of Ocean Thermal Energy Conversion (OTEC)
Copyright © 2012 Ocean Thermal Energy Corporation
Mission Statement
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Our goal is to generate competitive and
sustainable base-load power through
Ocean Thermal Energy Conversion (OTEC)and attractive energy efficient
alternatives to air conditioning through
Seawater District Cooling (SDC),
as well as affordable potable water,
sustainable food production, and economic
development opportunities to our customers
Copyright © 2012 Ocean Thermal Energy Corporation
Committed to a Sustainable Future
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We focus our efforts to produce technologies
to meet the world’s four greatest challenges
Increasing Water and Food Scarcity
Growth of Developing Nations with Massive
Infrastructure and Economic Development Needs
Rising and More Volatile Energy Costs
Escalating Pollution and CO2 Levels
Copyright © 2012 Ocean Thermal Energy Corporation
• Ocean Thermal Energy Corporation (OTE) is a private
renewable power generation company that is managed by
an experienced and successful Executive Management
Team and supported by skilled Ocean Engineering and Energy Production Teams with over 40 years of experience
Who We Are
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Copyright © 2012 Ocean Thermal Energy Corporation
• In 2010, the current Investment/Management Team
acquired a Hawaii-based ocean engineering company with
over 25 years of experience with OTEC and SDC
• OTE plans to build, own and operate renewable energy systems based upon the principles of OTEC and/or SDC
Who We Are
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Copyright © 2012 Ocean Thermal Energy Corporation
• Several projects are underway:
• 12,000 ton SDC plant and two OTEC plants in The Bahamas
• Agreements in place for multiple OTEC and SDC plants in the
Cayman Islands, US Virgin Islands, the Pacific Rim, Southeast
Asia, and East Africa
Who We Are
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Copyright © 2012 Ocean Thermal Energy Corporation 9
OTEC
SDC
Ocean Thermal Energy Conversion is a
process that generates power using the
temperature difference in ocean water
Seawater District Cooling is a process that
uses deep ocean water for air conditioning
What Are OTEC and SDC?
Copyright © 2012 Ocean Thermal Energy Corporation 10
OTEC
SDC
Both OTEC and SDC can also be used to
produce potable water and to develop
additional industries like aquaculture and
mariculture
What Are OTEC and SDC?
Copyright © 2012 Ocean Thermal Energy Corporation 11
PipesHeat
Exchangers
Turbine &
Generator
Thermal Cycle - Rankine Cycle
The Rankine cycle was invented in the 1850s. It is a cycle that converts heatinto work. The heat is supplied externally to a closed loop, which usually useswater. This cycle generates about 90% of all electric power used throughoutthe world, including virtually all solar thermal, biomass, coal, and nuclear
power plants.
+ +
A Simple Process
Copyright © 2012 Ocean Thermal Energy Corporation 12
How It Works
All of the working components of a land-based OTEC Plant are above the sea. Only the deepcold water pipe is submerged.
Working Fluid
Turbine / Generator
Heat
Exchanger
Heat
Exchanger
Warm Water
Pipe Return
Warm Water
Pipe Intake
Cold Water
Pipe Intake
Cold Water
Pipe Return
20º C
Temperature
Difference
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Onshore OTEC Plant
Using the temperature difference of seawater found in tropical climates, land-based OTEC plants produce fossil-fuel free electricity, potable water and opportunities for sustainable food production
Copyright © 2012 Ocean Thermal Energy Corporation 14
Seawater District Cooling
SDC systems can save up to 90% in electricity costs when compared to traditional airconditioning systems. SDC systems range in size from 400 to 80,000 tons of cooling capacityand use millions of gallons of seawater. Once the seawater has been used for air conditioningit can be desalinated for potable water
Copyright © 2012 Ocean Thermal Energy Corporation
Why Now?
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• Four basic reasons OTEC is ready for the world:
• A clean energy source. OTEC delivers an environmentally friendly solution thatproduces electricity without the expense and price-volatility of fossil fuels
• Improved technology. The qualitative analysis of the technical readiness of OTECby experts at the US National Oceanic and Atmospheric Administration (NOAA)suggest that a < 10 MWe floating, closed-cycle OTEC facility is technically feasibleusing current design, manufacturing, deployment techniques and materials
• Need for potable water. Large OTEC power plants can be designed to co-produce 120 million liters of fresh water per day. The OTEC power cycle movesabout four cubic km of high-nutrient deep water per year (1 square km 11.5meters deep each day, enough to grow 70 tons of shellfish meat per day)
• Increased awareness of the effects of climate change. OTEC is carbon-neutraland does not contribute to climate change by burning fossil fuels such as coal,gas and oil
“We are like tenant farmers chopping down the fence around our house for fuel when weshould be using Nature's inexhaustible sources of energy — sun, wind and tide…I'd put mymoney on the sun and solar energy. What a source of power! I hope we don't have to waituntil oil and coal run out before we tackle that.”
Thomas Edison (1847-1931) – American Inventor and Businessman
Copyright © 2012 Ocean Thermal Energy Corporation
The Many Benefits of OTEC
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“The potential of OTEC is great. The oceans are the biggest solar collector on Earth, and there’senough energy in them to supply a thousand times the world’s needs. If you want to dependon nature, the oceans are the only energy source big enough to tap.”
Dr. Joseph Huang – Senior Scientist, NOAA and DOE, USA
Economic Benefits• Base-load Power: Available 24/7
• Reduced fuel imports
• Stable utilities pricing
• Reduced capital expense to Power Companies and Governments
• Affordable incremental power capacity increase
• Reduced burden on existing utilities
• Life cycle cost savings
Copyright © 2012 Ocean Thermal Energy Corporation
The Many Benefits of OTEC
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Environmental Benefits• Inexhaustible renewable energy from local resources
• Fossil fuel avoidance
• Save ~15,000 bbls oil a year per MW
• Zero emissions
• Save nearly 7,000 tons CO2 a year per MW
• Sustainable fresh water supply
• Energy conservation
“The potential of OTEC is great. The oceans are the biggest solar collector on Earth, and there’senough energy in them to supply a thousand times the world’s needs. If you want to dependon nature, the oceans are the only energy source big enough to tap.”
Dr. Joseph Huang – Senior Scientist, NOAA and DOE, USA
Copyright © 2012 Ocean Thermal Energy Corporation
The Many Benefits of OTEC
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Social Benefits• Affordable fresh water and power
• New industries/jobs/export opportunities (aquaculture)
• Increased fuel flexibility and energy security
• World leadership role in eco-awareness
“The potential of OTEC is great. The oceans are the biggest solar collector on Earth, and there’senough energy in them to supply a thousand times the world’s needs. If you want to dependon nature, the oceans are the only energy source big enough to tap.”
Dr. Joseph Huang – Senior Scientist, NOAA and DOE, USA
Copyright © 2012 Ocean Thermal Energy Corporation
Competitive Landscape – Oil
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Source: EIA Annual Energy Outlook 2012 – Early Release Overview
The rapid rise in crude oil prices in the last three years (118%...from $49.06/barrel in March 2009 to $107.06/barrel as of March 2012) has been reflected in even greater increases in fuel and electricity prices. Everyone is negatively affected by constantly rising oil prices
Copyright © 2012 Ocean Thermal Energy Corporation
Our OTEC and SDC Plants Offer
Opportunities for Desalination
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Unlimited, steady supply of high-quality water,
without impairing natural freshwater ecosystems
Source: http://www.good.is/post/seawater-our-only-hope-for-a-drink
OTECEnergy
Copyright © 2012 Ocean Thermal Energy Corporation
The Global Water Crisis
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• By 2025…
• Freshwater demand will rise by 2/3
• 1.8 billion people will be living in countries or regions with absolute
water scarcity, and 2/3 of the
world population could be under stress conditions
• Water withdrawals are predicted
to increase by 50% in developing
countries, and 18% in developed
countries
Sources: Science, August 2011; United Nations Water Statistics, 2011 Source: www.munnaontherun.com/2008/05/colas-chemicals-and-politics.html
Copyright © 2012 Ocean Thermal Energy Corporation
We Are Focused on a Solution
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Our #1 Focus: Providing
a solution to water
and food scarcity
Source: www.pbgalerie.ch/images/ethiopie/038.jpg
Each day, more than 4000 children under the age of five years of age will die because of unclean drinking water and a lack of sanitation. This situation is expected to worsen.
United Nations estimates at http://www.un.org/en/africarenewal/vol19no4/194children.html
Copyright © 2012 Ocean Thermal Energy Corporation
Clean Water
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Everyone deserves
to drink clean water
Source: http://www.aidforafrica.org/wp-content/uploads/2010/07/charity-water-photo1.jpg
Copyright © 2012 Ocean Thermal Energy Corporation
OTEC and SDC Provide Opportunities
for Sustainable Technologies
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Give a man a fish, you feed him for a day. Teach a man to fish, and you feed him for a lifetime.– Chinese Proverb
Source: Kona Coast Shellfish LLCwww.konacoastshellfish.com
Shellfish Production
Bottled Water
Fish Hatcheries
Source: Kona Blue
Seed Growing Methods
Source: Kona Coast Shellfish LLCwww.konacoastshellfish.com
Cyanotech
(Algae)
Production
Aerial view of Cyanotech Facility- NELHA
Copyright © 2012 Ocean Thermal Energy Corporation 25
Each 100 MW OTEC Plant
• Provide Base-Load Electricity for 100,000 people
• Produce 800 Million kWh per year
• Save 1.3 million barrels of oil each year
• Produce no Carbon Dioxide (avoiding the generation of up to 800 thousand
tons of CO2)
• Can be designed to co-produce 120 million liters of fresh water per day
• Move four cubic km of high-nutrient deep water per year (1 square kilometer
11.5 meters deep each day, enough to grow 70 tons of shellfish meat per day)
OTEC plants can provide sustainable clean power and water without harming the environment. Each 100 MW OTEC Plant can:
Copyright © 2012 Ocean Thermal Energy Corporation
OTEC Power: Locations? How
Much?
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Source: Renewable Energy Index
Large Renewable Energy Source
• At least 3-5 Terawatts (~30% Global Energy)*
Energy Security
• Less Reliance on Foreign Resources*A Preliminary Assessment of OTEC Resources ASME 3/2007
Copyright © 2012 Ocean Thermal Energy Corporation 27
Countries and Territories
With OTEC Potential
The Americas Africa Middle East Pacific and Indian OceansAntigua Guyana* Aldabra Sierra Leone* Iran* American Samoa Northern Marianas
Aruba* Haiti Angola* Somalia* Oman Australia* Okinawa
The Bahamas Honduras* Ascension Tanzania UAE* Brunei* Pakistan*
Barbados Jamaica Benin* Togo* Yemen Burma* Palau
Barbuda Martinique Cameroon* Zaire* Cook Islands Papua New Guinea
Belize* Mexico* Cape Verde Diego Garcia Philippines
Brazil* Montserrat Comoros Fiji Samoa
Cayman Islands Nicaragua* Congo* French Polynesia Seychelles
Colombia* Panama Equatorial Guinea* Guam Solomon Islands
Costa Rica* Puerto Rico Gabon* Hawaii Sri Lanka*
Cuba Saint Kitts* Ghana* India Taiwan
Curacao Saint Lucia Guinea* Indonesia Thailand*
Dominica Saint Vincent Ivory Coast* Kiribati Tonga
Dominican Republic Suriname* Kenya* Malaysia* Tuvalu
El Salvador* The Grenadines Liberia* Maldives Vanuatu
French Guiana* Trinidad & Tobago Madagascar Marshall Islands Vietnam*
Grenada United States* Mozambique* Mauritius Wake Island
Guadeloupe US Virgin Islands Nigeria* Nauru Wallis & Futuna
Guatemala* Venezuela* São Tomé & Príncipe New Caledonia
*offshore/floating OTEC applications only, all other OTEC applications are land-based
Copyright © 2012 Ocean Thermal Energy Corporation 28
Conclusion
Committed to a Sustainable Future
• Ocean Thermal Energy Corporation and its Partners are committed to
bringing SDC cooling, OTEC renewable energy, and all of their related
sustainable technologies to nations all over the world
• We are excited to share these long-term solutions to worldwide energy,
clean water, and hunger issues through the use of our technologies
Copyright © 2012 Ocean Thermal Energy Corporation 29
Thank you!
Copyright © 2012 Ocean Thermal Energy Corporation 30
JEREMY P. FEAKINS
CHAIRMAN AND CHIEF EXECUTIVE OFFICER
+1 917.679.2005
800 SOUTH QUEEN STREETLANCASTER
PENNSYLVANIA 17603UNITED STATES OF AMERICA
+1 717.299.1344