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Methinks these numbers are quite a bit inflated. These plants are very inefficient and the mass flow rates required through the heat exchangers are huge. It could play its part though if the plants could be built cheaply.
check out our web site. About 1.5 cubic miles per year of cold water and about 2.5 cu miles of warm water is needed but the technical viability has been proven. Only the 35 ft diameter pipe has not been commercially demonstrated in other applications.
The island needs this project more than ever. Last event proved how dependable we have become to oil that we aren't even taking caution on where we store it. We should, instead, mass produce our own energy source, environmentally speaking.
And the $64000 dollar question is... how much would 40 OTEC plants cost!!! The main problem with alternative fuel sources is exactly that. They are only an alternate power source once 'cheap' oil has run out. If there is say 1 billion tons of oil left and we burn it all in 1 year or 100 years, what does it matter. It's all going to get burned before people will pay for electricity produced in this way, so party on dudes.
40 OTEC Plants will likely cost between 16 and 20 billion dollars and save around 52 million barrels of oil each year. About half of the cost of the units will be for salaries of those designing and building the units. At $70 a barrel for oil, the annual saving will be around $3.6 billion for an annual return over 18% plus the creation of thousands of jobs.
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what he said in english?
If there is say 1 billion tons of oil left and we burn it all in 1 year or 100 years, what does it matter. It's all going to get burned before people will pay for electricity produced in this way, so party on dudes.