The cost of ocean thermal energy conversion

OTEC is still under development and any costing must be considered extremely tentative. Like many renewable technologies, OTEC is capital intensive with capital costs starting at around $4000/kW. This is expensive for a power plant but may appear less so if drinking water production is taken into account. However pre-commercial demonstration of the technology is still required to prove that it is viable. There is too little experience to provide any realistic estimate of the cost of electricity generated from an OTEC plant.

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