Harnessing cheap electricity from Deep Cold Ocean Water and Warm Tropical Surface Waters can Provide Massive Levels of Energy for Consumers, and Profit Potential for Investors

By wallstreetnation April 17, 2018

This Emerging Undersea Company – U.S.-Based Ocean Thermal Energy Corporation (OTC QB: CPWR) – Appears to Be Properly-Positioned for the Energy Boom Ahead

The next great energy boom could be fast approaching. Ocean Thermal Energy Conversion (OTEC) is a process which produces electricity by leveraging the temperature difference in the ocean between cold deep water and warm surface water in the tropics and subtropics to generate unlimited energy without the use of fossil fuels.

It boasts a competitive advantage over alternative sources of electricity production regarding accessibility, predictability, affordability, and emissions. OTEC plants pump large quantities of deep cold seawater and surface seawater to run a power cycle and produce electricity. OTEC is firm power (24/7), a clean energy source, environmentally sustainable and capable of providing massive levels of energy.

Rising electricity costs, increased concerns for global warming, and a political commitment to energy security have made OTEC commercialization economically attractive in tropical based locations where a majority of electricity production is oil-based. Even within the US, this island market is significant; globally it is exponentially larger. As OTEC technology develops, it will become an attractive alternative for the southeast US.

Investors looking to take get in on the ground floor of this innovative energy boom don’t have a smattering of choices. However one company’s immediate objective is to develop, own, and operate the World’s First commercial, scalable Ocean Thermal Energy Conversion plant, followed by a sequence of plants worldwide. That company has our complete attention and presents tremendous potential for upside: Ocean Thermal Energy Corporation (OTC QB: CPWR).

CPWR: A Safe Way to Play the Environmentally Clean Electric Boom for Maximum Upside Potential

PROBLEM: People living in tropical and subtropical regions of the world will never prosper as long as they are tethered to imported, high-cost, fossil fuels and are desperately short of water.
SOLUTION: Design and develop Ocean Thermal Energy Conversion (OTEC) renewable energy systems producing base-load electricity and water for drinking, cooling, agriculture and economic development

How It Works

Eighty percent of the sun’s solar energy is absorbed into the surface of the world’s oceans, and is replenished daily regardless of weather patterns. While the sun heats the surface ocean water, the ocean’s depths remain cold.

In a closed cycle OTEC system, water flows through a large pipe and heat exchanger, which heats a liquid with a low boiling point, such as ammonia. As the boiling ammonia creates steam, it turns a turbine generator to produce electricity. A second pipe extracts cool deep water from the ocean, which condenses the steam back to liquid form.

As the ammonia is recycled, the process repeats, creating unlimited clean energy 24 hours a day, 365 days a year. This process is known as the Rankine cycle, commonly found in typical oil, coal, or nuclear power generation plants.

The difference with OTEC is that it uses the solar energy from the ocean – no fossil fuels are used in OTEC’s power generation.

OTEC BRINGS SUSTAINABILITY

OTEC plants can be configured to support Seawater Air Conditioning (SWAC) systems for chemical-free refrigeration and water for drinking, agriculture, and economic development.

OTEC BENEFITS

OTEC provides constant, steady power, 24/7 and year- round, without any energy storage

Large Scale OTEC will be offshore, and will not compete for land, food, or freshwater.

Global OTEC investment has surpassed $100 Million USD spent or committed to OTEC R&D since 2009

The global resource is large enough to produce 4x humanity’s electrical needs.

CPWR Solution

Just 1 Offshore commercial-scale plant such as the one CPWR plans on building could

….prevent burning roughly 1.3 million barrels of oil each year

….produce electricity at roughly $0.20/kW-hr levelized cost of energy

….prevent CO2 emissions of over half a million tons per year (over 100k cars)

Ocean Thermal Energy Corporation (OTC QB: CPWR) is playing a major role in the advancement of the OTEC industry by designing, receiving approval, and establishing projects in The Bahamas, U.S. Virgin Islands, and with a major U.S. Defense contractor.

OTE believes that OTEC technology is now truly ready for commercialization and OTE’s business model and technology provide an ideal basis to establish the Company as the industry leader for the implementation of renewable energy based on OTEC technology.

Ocean Thermal Energy Conversion technology is ideally suited for tropical and subtropical regions of the world where three billion people live. CPWR plants require a sufficient temperature differential and a favorable seafloor environment.

The National Renewable Energy Laboratory estimates that 68 countries and 29 territories are suitable for OTEC while OTE Corporation estimates the market size for these regions will generate revenues of over $2 trillion over the next 25 years.

Current Plans and Designs

CPWR plans to pursue carefully selected strategic acquisitions of operating companies in this industry sector, preferably those with existing patented technologies that support the acceleration of business plans and objectives and generate value for shareholders.

Using their proprietary OTEC system designs for producing base-load renewable energy and desalinated water, they can finalize:

A Seawater Air Condition (SWAC) system design and preliminary assessment delivered to the US NAVY.

The Company designs and builds Seawater District Cooling/Seawater Air Conditioning (SWAC) cooling plants. Having been approached by a major defense contractor, CPWR plans to continue its design efforts for the construction of a SWAC system for the U.S. military.

While working with this contractor, OTE expects to support and manage this energy-saving project through completion, generating savings of hundreds of thousands of taxpayers dollars that otherwise would be spent in higher energy costs.

A high-quality eco-resort powered entirely by their OTEC technology to deliver the water. This project is in the advanced development phase in St. Croix, US Virgin Islands.

The U.S. Virgin Islands Public Service Commission has granted OTE regulatory approval for an OTEC plant, and OTE has identified the specific plots of land for the site. The first draft of the Master Plan for the entire development has been completed.

The OTEC EcoVillage project consists of an OTEC plant which will provide all power and water to 400 residences, a hotel, and shopping center, as well as models of sustainable agriculture, food production, and other economic developments. OTEC EcoVillage will be the first development in the world offering a net-zero carbon footprint.

This will be OTE’s pilot project, launched to prove the viability of OTEC technology to provide affordable renewable energy for entire communities. The Company believes this $700 million project could be highly profitable and generate significant value for its shareholders.

Compelling Reason Investors Should Consider Ocean Thermal Energy Corporation (OTC QB: CPWR) – “OTEC Provides Solutions For Worldwide Problems”

01
OTEC Provides Solutions For Worldwide Problems
02
Over 700 million global citizens lack access to safe drinking water
03
By 2025, approximately 1.8 billion people will be living with absolute water scarcity
04
By 2030, the worldwide demand for fresh water will exceed our supply by 40%
05
Each year, 1.6 million deaths are attributed to diseases spread through unsafe water, poor sanitation, and lack of hygiene
06
Burning fossil fuels causes global climate change, extreme weather conditions, droughts, and smog
07
Geopolitical implications of climate change include worldwide social, political, and environmental consequences
08
Poor air quality has contributed to higher incidences of illnesses like cancer, asthma, and pneumonia
09
Changing climate is damaging our global ecosystem, killing of wildlife, and depleting access to fresh water
10
The world needs to produce at least 50% more food to feed 9 billion people by 2050
11
Extreme droughts have devastated farmland in developing nations, leaving communities unable to keep livestock or grow crops for consumption
12
Many communities are relying on nutritionally inadequate food sources or are forced to endure prolonged hunger

An investment in Ocean Thermal Energy Corporation allows you to get an opportunity to be a part of a company that is marrying environmental responsibility with quality of life. CPWR creates positive social impact by producing clean, renewable energy, as well as water for drinking, cooling, food production, and economic development.

Ocean Thermal Energy Conversion technology is a proven system that leverages the differences in seawater temperatures at various depths to produce energy — at large, municipal scale. At the same time, the seawater used can be desalinated to serve as a parallel community resource.

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