Abstract
The earth, covered more than 70.8% by the ocean, receives most of its energy from the sun. Solar energy is transmitted through the atmosphere and efficiently collected and stored in the surface layer of the ocean, largely in the tropical zone. Some of the energy is re-emitted to the atmosphere to drive the hydrologic cycle and wind. The wind field returns some of the energy to the ocean in the form of waves and currents. The majority of the absorbed solar energy is stored in vertical thermal gradients near the surface layer of the ocean, most of which is in the tropical region. This thermal energy replenished each day by the sun in the tropical ocean represents a tremendous pollution-free energy resource for human civilization. Ocean Thermal Energy Conversion (OTEC) technology refers to a mechanical system that utilizes the natural temperature gradient that exists in the tropical ocean between the warm surface water and the deep cold water, to generate electricity and produce other economically valuable by-products. The science and engineering behind OTEC have been studied in the US since the mid-seventies, supported early by the U.S. Government and later by State and private industries. There are two general types of OTEC designs: closed-cycle plants utilize the evaporation of a working fluid, such as ammonia or propylene, to drive the turbine-generator, and open-cycle plants use steam from evaporated sea water to run the turbine. Another commonly known design, hybrid plants, is a combination of the two. OTEC requires relatively low operation and maintenance costs and no fossil fuel consumption. OTEC system possesses a formidable potential capacity for renewable energy and offers a significant elimination of greenhouse gases in producing power. In addition to electricity and drinking water, an OTEC system can produce many valuable by-products and side-utilizations, such as: hydrogen, air-conditioning, ice, aquaculture, and agriculture, etc. The potential of these by-products, especially drinking water, aquaculture and mariculture, can easily translate into billions of dollars in business opportunities. The current status of the OTEC system definitely deserves to be carefully revisited. This paper will examine recent major advancements in technology, evaluate costs and effectiveness, and assess the overall market environment of the OTEC system and describe its great renewable energy potential and overall benefits to the nations of the world