BACKGROUND OTEC requires very large economies of scale compared with other marine energy technologies. Economically, a 10 MW scale plant is expected to have an electricity cost of $200/MWh, while a 100 MW plant or larger is expected to cost $100/MWh, which would require a large project with initial investment in excess of $300 million. A 1 MW plant is expected to have an electricity cost of $300‐400/MWh, however, considering multiple use such as utilization of cold deep sea water and desalination, a cost of $200/MWh or less is expected. In this way, the characteristics of cost evaluation and operation of OTEC are very different from other ocean energy technologies. |
COORDINATOR
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On the other hand, for the application and promotion of OTEC it is necessary to pay careful attention to the use of large amounts of seawater in terms of protection of the marine environment. Benefits such as significant carbon dioxide reductions and improvement of fishery resources through cold water use are expected, however, it is important to perform assessments such as the impact of nutrient enrichment on the ocean.
To investigate issues related to large scale OTEC development it is important to first understand the potential resource. Therefore, an initial task has been proposing aiming to study and understand the OTEC potential and status around the globe.
OBJECTIVES AND WORK
The overall work lead by Japan will be carried out by two groups addressing the following topics:
A state-of-the art report of OTEC activities and projects around the globe will be produced as a first step to further define a full work program under Task 11. The identification of plans and new developments on OTEC in the various regions of the world would be important for the development of a future roadmap which is one of the goals of Task 11.