Ocean Thermal Energy Corp. (CPWR)

[Ocean Power]

Loop Cayman (OTI) Floating OTEC along the north coast of Grand Cayman Island.

... The advantage of OTEC is that it has the potential to provide renewable baseload power generation.

In the Integrated Resource Plan Report, July, 2017, there was an evaluation of the OTEC technology by Pace Global which assessed the benefits of introducing natural gas for fuel (rather than diesel), the value of energy storage and various baseload renewable baseload power generation technology.

While the technology holds promise, it has not yet got the green-light in the Cayman Islands due to concerns over the commercial viability. A US-based company, OTEC International LLC (OTI) has proposed a floating offshore OTEC platform offshore along the north coast of Grand Cayman. ...

http://www.loopcayman.com/content/integration-consumer-generated-renewable-energy-cayman-pt-3