Tapping into the Deep Blue for Green Electricity Nets Honor

Lockheed Martin’s OTEC technology receives Product of the Year award
 

OTEC

The 10-megawatt Ocean Thermal Energy Conversion (OTEC) power plant Lockheed Martin is designing has set the stage for green energy and big energy savings just by tapping into the ocean’s energy potential.

That’s the reaction from independent judges in the second annual Environmental Leader Product & Projects Award competition, who named the OTEC plant a 2014 Product of the Year.

In recognizing the potential being created through the OTEC power plant, judges in the Environmental Leader competition highlighted several innovations and opportunities:

“This technology, as envisioned, could offer electricity to areas that either are remote or have limited conventional power that is, on another level, essentially ‘green.’ It could replace lots of other less desirable fuel and energy cycles for the target consumers.”

“This is the largest OTEC project ever developed and is on the cutting edge. It allows isolated communities to be self- sufficient.”

The annual Environmental Leader awards program recognizes excellence in products and services that provide companies with energy and environmental benefits, or in corporate projects that improved environmental or energy management and increased the bottom line. Environmental Leader's website and daily newsletter provide insight into business-related energy, environmental and sustainability issues.

Just one 10-megawatt OTEC plant could provide reliable, clean energy for approximately 10,000 people; replace the burning of 50,000 barrels of oil; and eliminate the release of 80,000 tons of carbon dioxide per year into the atmosphere.

“As long as the sun heats our oceans’ surface waters, the ability to generate reliable, clean, baseload energy through OTEC exists,” said Dan Heller, vice president of new ventures for Lockheed Martin Mission Systems and Training. “We’re honored to provide this technology to the world, and having our work recognized by Environmental Leader is very rewarding.”

Posted June 26, 2014

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Environmental Leader Award

Ocean Thermal Energy Conversion

OTEC generates electricity by leveraging the temperature difference between warm surface water and deep cold water.