We want to build the first, low cost, small scale, OTEC system.
The unit will look just like the yellow skid mounted heat exchangers, below.
The parts for these systems can be produced in phenomenal quantities. Enough to make serious dent in fossil fuel usage. Many people who work in oil and gas could take up similar roles in an OTEC industry. Just look at our subcontractors, these are all oil and gas and nuclear scientists and all familiar with the technology we want to use.
Often new clean energy developments are abstract even to engineers, this is the great strong point of OTEC. Practically all engineers have taken courses which can be directly applied to the design of OTEC.
This unit is capable of producing 180 kw gross, 130 kw net. of electricity. That would produce £130k per annum at £137 per MW/hr with 90% operation.
The unit takes up 1000 times less space than the equivalent sized solar PV farm
New-otec energy prices could be up to 75% less than present Caribbean energy prices.
200 kw is costing areas in the Caribbean £600,000 a year.
Uses, hoses, rather than a pipe, to deliver cold water, from the deep sea -1000 m.
Traditionally pipes are used – the use of pipes, to date has failed to be economical.
We installed hoses very easily.
We ready to sell this on a small scale to fancy resorts – in the Caribbean and Pacific + Maldives
The pump we use is not electric – the pump sucks in water because it is driven by a turbine.
So, we use two hoses rather than one.
One hose drives the turbine – the turbine drives the pump – the pump sucks in water- send it up a second hose.
This, ‘system,’ is used all over, especially in mining, and in, deep sea oil and gas.
There are now many small scale OTEC systems operating around the world.
The new delivery method is going to make OTEC a viable product for sale in a competitive market.
Small scale pipes are not cost effective on a small scale. The installation process is much more complicated.
The cost of the old pipe method is ruining the OTEC’s promise.
One 3km, 30 cm diameter pipe cost £5 million to install, a 180-kw system would probably require 3. That’s the problem at the moment.
We installed a 50 meters of 30 cm hose in seconds. It would take us 10 minutes to unreel a full length!
What is this project going to achieve?
For those in the Caribbean and Pacific this is a chance for you to ensure that you make new-otec happen, if it does you can save 75% + on your energy expenses, as much as 90%!
The whole of the rest of the world is in range of OTEC.
If you want to help us, please submit your email.
What are we going to do?
We are going to produce a working 180 kw OTEC system and test it in an OTEC country. With any luck, we will connect the unit to the grid or sell it to a resort or Utility –
Here are some example costs of guaranteed refundable work, for which we could produce receipts, reclaim the VAT. and benefit from a 30% r and d rebate.
Step 1 – design and testing – £170,000 – 30 % R and D rebate and VAT rebate eligible.
£20,000 – turbine design – PCA engineers
£10,000 – turbine casing – Infinity Turbine
Assumed general consulting total – Oswald – £60,000
Turbine – hardware – £5000
Heat exchangers – Infinity Turbine or Oswald – £50,000
Alternator and inverter – £25,000 – Off the shelf –
This work easy in the hands of the right professionals. Like a GP. taking GCSE biology.
Stage 2 – Real site installation – 30 % r and d rebate and VAT rebate eligible. £150,000 – £240,000
Land – £60,000 – £150,000 –
General – Boat – labour-groundworks etc.- Sea Tech – £50,000 – Marine engineering services – Sea Tech – £550- £1250 per day.
Hoses – £ 15 per meter – 6 km required – £90k + import export duty and freight- £100 per m3. – This cost can be reduced by making our own hoses. This costing is for off the shelf 30 mm hoses we would really want to use 600 mm hoses – 600mm hoses can be produced using a £5000 Leister welder to form hoses using PVC coated polyester.
‘Bankable’ OTEC units suitable for mass production, bank loans and VC investments.
This is our main short term goal for crowdfunding. When we reach, this level, we have 100% bankability and the technology will be eligible for VC and Bank funding. This development will lead also to equity crowdfunds. It you get on the mailing list you will be the first in line.
Crowdfund us to ensure OTEC will provide low cost green energy, on utility scale around the world.
NEW-OTEC lacks the obvious snags of other green technologies, this is reflected in the cost of the parts.
Due to the nature of the technology OTEC would be ready for mass production with the completion of this unit.
A bankable unit could be sold / installed en-mass throughout the world.
In no time OTEC would be being installed at a rate competitive with wind turbines, decreasing fossil fuel usage, faster than presently anticipated and for a much lower cost.
Something for everyone, from individuals to large corporations, we offer something valuable in return.
Short-term incentives for you.
Fantastic Corporate marketing opportunities – advertise next our first working unit or on the side of an offshore-otec system.
Cash prize incentive to all pledges over £30 – no purchase necessary and free entry with social media actions.
Cash prize incentives for pledgers and followers, no purchase necessary. Free entry for twitter followers, retweets, and Facebook likers and sharers – perform social media actions to enter the prize draw.
Show the world you are interested, make a pledge and the value of the project increases beyond the value of your investment.
With your support this site and our social media become a place of value to other people including companies…
We have great marketing offers for higher pledges which will suit companies, these higher pledges improve the chances for others to win the prize, making these popular, which is great advertising!
Whether you are an individual, a small or a large company we can offer you something good in return.
Make a quick pledge here – https://www.gofundme.com/transform-economies
Buy shares – http://www.crowdfundnewotec.com/projects/buy-shares/
To make this fund more exciting we’re willing to offer a hefty cash prize.
We are offering a hefty cash prize to one lucky person – no purchase necessary.
All pledges under £30 are not eligible for entry – however all pledges under £30 improve the odds for all pledges over £30.
This means that small pledges are most welcome as they encourage bigger pledges.
The more pledges we get under £30 the more interesting it will be to pledge over £30.
As the fund gets moving this page will be an interesting place to advertise – Advertising incentives will improve the odds of winning and they cost much more than £30.
We can offer to put a company logo on our offshore OTEC system – it will look great – this offer may suit big companies with big marketing budgets – for example – British Airways or a Utility such as Engie.
If we get customers or investment, we may be able to drop the funding required – improving the chances of winning.
All this plus normal incentives, the main theme of the incentives here is traditional ‘bill-board’ advertising next the ground breaking, completed, NEW-OTEC system, – showcased on-line, – Keep the promotional photos for your own sites and blogs.