The ocean absorbs energy from the sun, stores it and then releases it slowly. Sounds like a prescription for meeting the world's energy needs, since the ocean is the largest feature of our planet. But, can it be tapped in a way that doesn't create more problems than it solves?
That's the promise behind a recently announced deal between the Lockheed Martin Corp. and Reignwood Group, a resort developer based in Beijing. The two companies will develop a 10-megawatt power plant using ocean thermal energy conversion (OTEC) technology in waters off southern China's Hainan Island. Construction is expected to be completed in 2017.
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