Ocean Energy Industries
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Energy Utilities
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Renewable Energy
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Utility Grid Power: The Oceans have the potential to supply about 10% of the Worlds Electricity needs, For the United States alone it has the potential to produce 15% of its electricity needs – valued at $50 B per annum. OceanEnergy’s technology could be deployed in arrays of 200MW or more to operate as a sustainably fuelled power plant.
Desalination: Saltwater is desalinated to produce potable water suitable for human consumption or irrigation. One by-product of desalination is salt. Desalination is used on many seagoing ships and submarines. Most of the modern interest in desalination is focused on the cost-effective provision of fresh water for human use. Along with recycled wastewater, it is one of the few rainfall-independent water sources.
Data Storage: The ocean has the potential to provide substantial benefits for the rapidly growing energy requirements of data storage by providing the sustainable power for cooling and by using the sea to reduce the ambient temperature thus reducing further the cooling requirement. The OE Buoy has the power production capacity and onboard storage to facilitate large scale data processing and storage.
Power to Gas: Power-to-gas is a technology that converts electrical power to a gas fuel. There are currently three methods in use; all use electricity to split water into hydrogen and oxygen by means of electrolysis.