OTEC Study in The Bahamas Underway with EU Funding
What happened
Global OTEC has been appointed the lead technical partner in a consortium with the Oceanic Platform of the Canary Islands (PLOCAN). This partnership involves studying a site for Ocean Thermal Energy Conversion (OTEC) in The Bahamas. The work is commissioned by Expertise France and financed by the European Union (EU) under the Euroclima programme.
From wateronline.com
Why it matters
The Bahamas requested this study to establish an evidence base for future decisions regarding OTEC project implementation. The nation currently relies on imported diesel and heavy fuel oil for over 90% of its electricity generation, exposing it to volatile international fuel prices and high tariffs.
From wateronline.com
Who's involved
- The BahamasThe host nation whose energy security and infrastructure are the subject of the commissioned study.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- The BahamasSpeculative
The Bahamas could reduce its dependency on volatile international fossil fuel imports for electricity generation.