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Investor Presentaiton

Energies 2019, 12, 3658 18 of 37 The OTEC technologies are limited to the use of closed and open cycle and hybrid systems with a tendency of deploying the closed cycle method. Tidal range energy is traditionally harnessed using tidal barrages installed in the estuaries, but this method is associated with important environmental issues. The use of tidal lagoons has been proposed and developed in the UK since 2008 as an alternative to reducing such environmental issues [168]. The technology for extracting the salinity gradient energy is still in the conceptual stage of development, and its evolution is highly dependent on membrane enhancement, which will be responsible for 50% to 80% of the total cost [182]. Pre-deployment 26.70% Operational Decommissioned 20.84% 8.43% In planning 23.65% Dormant 6.32% Early concept 14.05% Figure 11. Global status of the ocean renewable energy projects. Submerged Pressure Differential Tidal Barrage Tidal Lagoon Closed Cycle Open cycle Hybrid 0.23% 4.92% 2.34% 2.11% Rotating Mass 1.64% Overtopping Device 0.94% Other 2.58% Oscillating Wave Surge Converter 5.62% Oscillating Water Column 5.85% Point Absorber 19.20% Attenuator 5.39% Vertical Axis Turbine 11.48% Current OTEC Tidal Range Salinity Gradient 0.94% 0.47% Membranes 0.70% Horizontal Axis Turbine 32.55% Wave Oscilatory Hydrofoils 0.94% Tidal Kite 1.87% Venturi Efect Turbine Figure 12. Technology distribution among projects. 0.23%
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