August 20, 2008

Offshore Infrastructure Associates Inc.
http://www.offinf.com/

What is OIA?
"(OIA) is a new venture aimed at the development and commercial implementation of renewable energy and resources, principally those related to the marine environment.
OIA's efforts are presently concentrated on the commercial implementation of Ocean Thermal Energy Conversion (OTEC), a technology that is not dependent on fossil fuels, is not vulnerable to world energy market fluctuations and is environmentally benign."

"OTEC uses the heat energy stored in the Earth's oceans to generate electricity. It will work in areas where the temperature difference between the warmer, top layer of the ocean and the colder, deep ocean water is about 20°C (36°F), in an environment that is stable enough for efficient system operation."

OTEC is the acronym for Ocean Thermal Energy Conversion. It is basically supposed to extract electricity from tropical ocean currents, only in oceans/seas with x amount of depth. There's a history to this, the US government had started to invest in this in the 1970s (OPEC crisis), but since oil prices were low enough to beat investing in this technology, the plans were thrown out the window.

Correct me if I'm wrong anybody.

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