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Ocean Thermal Energy Conversion News

 

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Nov 13, 2024

Ocean energy company Global OTEC unveiled the OTEC Power Module concept, a system that employs ocean thermal energy conversion (OTEC) technology to provide clean power for remote offshore platforms and wells.Designed as an alternative to traditional long subsea tiebacks, the OTEC Power Module could provide clean baseload electricity and flow assurance services without the need for cables and hydraulics…

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Inflation worries are rising due to the Middle East conflict, and gold is down nearly 2%.
Sources say Holcim will get EU approval for the 1.85 billion Euro Xella acquisition, after offering to sell Romanian assets.
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