The demand for clean and reliable energy continues to grow, and Beijing-based Reignwood Group plans to meet that demand – with help from Lockheed Martin. The two companies recently entered into an agreement to build a 10 MW Ocean Thermal Energy Conversion (OTEC) pilot power plant off the coast of southern China.
The offshore plant, to be designed by Lockheed Martin, will be the largest OTEC project developed to date, supplying all the power needed for a green resort being developed by Reignwood. The agreement could lay the foundation for the development of several additional plants ranging in size from 10 to 100 MW.
Southern China is an ideal location for an OTEC plant, which uses the natural temperature differences found in the oceans of tropical regions to drive turbines that generate electricity. The energy produced by an OTEC facility is clean, sustainable and well-suited to the ocean conditions found near 80 countries around the world, including the Asia-Pacific region.
Says Dan Heller, vice president of new ventures at Lockheed Martin: “Constructing a sea-based, multi-megawatt pilot plant for Reignwood Group is the final step in making it an economic option to meet growing needs for clean, reliable energy.”
This video explains how OTEC generates electricity by leveraging the temperature difference between warm surface water and deep cold water…