|Lockheed Martin have been working for forty years on harnessing energy from the massive temperature differentials in the ocean, and thanks to a partnership between the US defense and aerospace giant and a Chinese resort developer, a 10-megawatt power plant using ocean thermal energy conversion (OTEC) will be built off southern China’s Hainan Island.
The agreement has been signed between Lockheed Martin and the Beijing-based Reignwood Group and will hopefully see the power plant completed by 2017. The power plant will provide 100% of the power necessary to run the resort, which will be marked as a low-carbon real estate development.
Ocean thermal power involves heating warm surface water to produce steam that drives a turbine generator. Cold water is then pumped from 800 to 1,000 metres below the ocean surface to condense the steam back into a liquid form.