Ingenieur Vol 77 Jan-Mar 2019 ingenieur 2019 Jan-March | Page 28

INGENIEUR Renewable Ocean Thermal Energy-Driven Development For Sustainability By Dato’ Ir. Dr A. Bakar Jaafar Director, UTM Ocean Thermal Energy Centre O cean Thermal Energy Conversion (OTEC) is considered one of the most impactful technologies during the first half of the st 21 Century and beyond [1]. It is “a method of converting part of the heat from the Sun, which is stored in the surface layers of a body of water, into electrical energy or energy product equivalent” [2]. That “energy product equivalent” could include hydrogen fuel, an energy carrier, “… or an energy- intensive commodity, including, but not limited to, electro metals, fresh water, or nutrients for an aquaculture;” [2]. Thus, OTEC could be considered to be the most impactful technology since it would generate revenues not only from generation of power or renewable fuel but also other revenues from the utilisation of the invaluable cold deep sea water for district cooling [3], production of temperate crops in the tropics [4], the culture of seaweed such as “umi budou” (sea grapes) [5], abalone [6], lobsters, prawns and other high value marine produce and marine products [7], extraction of lithium [8], and production of mineral water [9]. The purpose of this article is to enlighten readers on the impact of ocean thermal energy conversion technology that would be brought about for developing countries in the tropics to progress toward hydrogen economy, especially in the transport sector, and in other sectors as well, should there be any change in the current energy policy towards “true energy pricing” and by removing the current energy subsidies. 6 26 VOL 2019 VOL 77 55 JANUARY–MARCH JUNE 2013 Compared with Other Sources of Revenue, Pricing of Power from OTEC Is Very Competitive Although the amount of capital required for investment in OTEC is high, as shown in Figure 1, the generation cost of electricity is the lowest, other than that of salinity gradient, compared with that generated from wave, wind, oceanic current, biomass, tidal current, and solar photovoltaic (PV). It is simply because the capacity factor of OTEC is at least 95%, compared with that of tidal current, only 20%, and where its capital requirement is the lowest per unit of power generated. (See Table 1) OTEC power would become more competitive, than stated above, when the total capital investment is spread out across its spin-offs and revenue gained from the sale of raw deep seawater for mineral water production, marine culture of high value produce, growing of temperate crops. Such OTEC spin-off industries have been well developed, for instance, in the Big Island of Hawaii by the Natural Energy Laboratory of Hawaii (NELHA), and in Kume Island, Okinawa, Japan [10]. Since the price of electricity from OTEC could be lower than that of other sources, both renewable and non-renewable, the production of renewable hydrogen fuel by water electrolysis would be competitive. In the case of Malaysia, the OTEC power-plants would be most likely sited at least 60 km from the