Powering the World with the Ocean

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Powering the World with the Ocean The
Florida Center of Excellence in Ocean Energy
Technology Florida Atlantic University and
Partners

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Floridas Energy Crisis

• Florida is in an energy crisis Demand Exceeds
  Capacity
• Up to 80 of Floridas electricity generation is
  fossil fuel based Costs are directly tied to
  the cost of fuel

• Future capacity is planned to be 100 hydrocarbon
  based
• Florida is 99 reliant on outside energy sources
• Renewable energy is needed for a sustainable
  solution

Forecast Demand
Today
Purchased Electricity
Fossil Fuel Electricity
Nuclear Electricity
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Floridas Conventional Renewable Energy
Potential

• No potential for wind or hydro power

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Floridas Conventional Renewable Energy
Potential

• Marginally favorable solar potential
• Solar power potential does not match demand
• Intermittent

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Energy from the Oceans
Tidal
Waves
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Energy from the Oceans

• Minimal tidal potential

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Energy from the Oceans

• Minimal tidal potential

Annual average wave power in kilowatts per meter
of crest width

• No South and West Florida Potential
• Some North East Florida Potential

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Energy from the Oceans
Thermal
Current
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• Ocean energy potential matches demand
• Ocean energy can meet the worlds power needs
• Both current and thermal will yield continuous
  energy production (100 capacity factor)

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Overall Current-Hydrogen System Concept
Hydrogen Storage
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Floridas Energy Landscape
Floridas Ocean Energy Landscape
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Floridas Ocean Energy Future

• Within 10 years
• Cold water based A/C could reduce demand by more
  than 20
• Ocean generated electricity could account for
  more than 25 of generating capacity

• Within 20 years
• Ocean generated electricity could account for up
  to 75 of generating capacity
• Dependence on hydrocarbons could be eliminated
• Energy independence

Purchased
Cold Water A/C
Purchased
Ocean
Fossil Fuel Based
Nuclear
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Impact

• Within 10 years

• 4 billion/year in local wholesale electricity
  revenues within 10 years This money stays in
  Florida!

• 4 billion in cumulative local technology sales

• Over three million Florida homes powered by the
  ocean

• Over 26,500 new Florida based jobs

Within 20 years

• Over 100,000 new US based jobs

• 100 billion/year in electricity and hydrogen
  revenues

• United States leads the world in energy production

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A Strong Partnership for a Unique and Feasible
Solution to Floridas Energy Future
Industrial Partners Ocean Renewable Power,
Clipper Windpower, Aquantis,
Oceaneering Lockheed Martin
Policy Knowledge
Ocean Engineering Business Leadership
Technology Expertise
Ocean Energy Technology
Test Range Operating Experience
Hydrogen Technology
Environmental Oceanographic
Needs System Interfacing
Affordable, clean, renewable energy Energy
independence Vibrant new industry
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Industry, Government Academic Partners
National Renewable Energy Laboratory
U.S. Navy