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What’s so great about offshore OTEC and NEW-OTEC?

Located off the shore of every continent except Europe, is a clean energy equivalent of an oil field.  All in all the resource could be valued at over £100 trillion as it is reputed to be ‘renewable’ up to 14 TW.  This valuation is based on the assumption that £1000 gross profit per installed kw is made per annum, and that the gross profit is multiplied by an industry multiple of 8, and that 14 terawatts are installed.

The distance from shore in many cases is quite large.  Large enough to be prohibitive on a small scale.  Large scale OTEC platforms are notoriously expensive.

Our new-otec platform is an innovative series of concepts and designs which are free from many of the traditional problems associated with OTEC.  The most significant features are the small power units, the common water supply and that the platform is submerged below the sea surface.

Wave forces

Below the surface, wave forces are tiny.  The costs associated with OTEC can drop.  An ideal depth can be calculated using met ocean data which would provide insight into the typical wave forces in the area.  With assistance from Cruz Atcheson we can provide this service for just £5000!

The low cost of this exercise highlights a common misconception regarding offshore work.  Much of it is so mainstream that prices are very competitive.  Believe it or not this is a theme which runs throughout the new-otec industry.

The OTEC units are as cheap as chips! 

The OTEC units use mass produced parts, as a result they are not expensive.  The OTEC units themselves could hardly be any more promising when compared with other sources of energy, especially fossil fuels, as there is no recurring fuel cost.  Traditionally, OTEC has the problem of requiring a floating offshore platform.  It is this platform which has made OTEC so much more expensive than it could be…

Met. Ocean Wave assessment.

An ideal depth can be calculated using met. ocean data which would provide insight into the typical wave forces in the area.  With assistance from Cruz Atcheson we can provide this service for just £5000.  Not all marine engineering will cost the earth, be sure you have the right facts before dismissing a development in your area.

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The beauty of the submerged system lies in the simplicity of the natural forces calculations. Wave forces are much gentler under the sea leading to lack of contradicting wave motions over time.

This means that mooring costs can drop significantly.

Site location Met ocean wave forces / Platform area = Super insightful data for a low cost; everything we need to build a suitable platform.

We need just £30,000 to design these £45 million platforms to DNV-GL standards.

The work required is incredibly straightforward for such a valuable thing.

The platform can be a perfect mate for the local environment, what ever the weather.

NEW-OTEC can follow offshore oil and gas design standards.

Get in touch to take a look at our preliminary standards review by Cruz-Atcheson.

What next for Offshore OTEC and NEW-OTEC?

The development process for this technology Is fantastically simple.  The OTEC unit would preferably be sold as single units first to gain performance data.

Then we can know the exact size of the unit and we can test the OTEC unit integrity and operational capabilities prior to any large investment.

These platforms can be then designed to well-known offshore oil and gas standards with the assistance of Cruz Atcheson.

Installation of hoses and a platform could be conducted without OTEC units for a very low cost and subsystems could be tested.

The business can scale up from the sale of SWAC and single OTEC units.

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