(MENAFN- Caribbean News Global)
– Small islands see the ocean as critical to building climate resilience
ST GEORGE'S, Grenada – Focusing on its renewable energy transition, the government of Grenada held a roundtable discussion on Ocean Thermal Energy Conversion (OTEC), under the banner of the global ocean energy alliance (gloea) . The meeting occurred in the margins of the International Renewable Energy Agency (IRENA)-Caribbean Cooperation for fostering energy transition investments and finance, on June 1, in Barbados.
The UK-based ocean energy company global otec presented its current projects, highlighting the potential of the Caribbean islands to be powered by the ocean.
Like many other tropical islands, Grenada is almost 100 percent reliant on imported fossil fuels for electricity generation. This leaves the country vulnerable to global oil price fluctuations that directly affect electricity costs and distribution.
OTEC, the ocean energy system that uses the temperature difference between the warm surface and cold deep seawater to generate electricity is a great alternative for a clean future. This innovative technology has the potential to provide renewable energy for communities across the world located near the tropical area of the ocean.
During the roundtable, Global OTEC presented Dominique, a 1.5 Megawatt (MW) floating OTEC facility being readied for deployment in 2025, in the African islands of São Tomé and Príncipe.
“The understandable thing about a floating OTEC facility is that it operates like a traditional oil platform, the difference is that we are pumping ocean water, not oil. This is the defining and innovative feature of OTEC technology, as it provides clean, environmentally friendly energy that can supply baseload power, 24/7, all year round”, explained Dan Grech, Global OTEC founder and chief executive officer.
Kerryne James, minister of climate resilience, the environment and renewable energy of Grenada mentioned that previous desk studies conducted by the SIDS DOCK Secretariat and its partners show seven Caribbean countries with significant OTEC potential: Antigua and Barbuda, The Bahamas, Barbados, Belize, Grenada, Jamaica, and Saint Lucia.
“A major advantage of OTEC technology is its potential for desalination. This process can provide a sustainable source of fresh water for communities in coastal regions, that we all desperately need as we are now collectively suffering from droughts,” said minister James.
MENAFN13062023000232011072ID1106433613
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.