Obama's team has asked for comments on a plan to spend significant developmental funds for a space-based solar energy program. Currently, wind energy, solar energy, fusion energy and biofuels enjoy significant public subsidies in the US that tend to distort the true economic viability of these alternatives, and the environmental impact of spreading collectors over a viable desert habitats or errecting wind farms in migratory bird paths are conveniently overlooked. In all of this, a proven viable, environmentaly benign source of energy gets very limited attention. I am referring to extracting energy from the ocean.
There are essentially three ways to extract energy from the ocean- tidal energy extraction, wave energy extraction, and ocean thermal energy conversion (OTEC). With the exception of the last, little US federal funding has been dedicated to these technologies, yet all are much closer to reality and much more environmentally benign (with the possible exception of certain approaches to tidal energy capture). Most have the added advantage environmentally that, should some unforeseen negative impact be experienced, they are easily relocated.
I was personally involved in studies of OTEC back in the 1980's, when it was determined to be of limited economic value under the circumstances current at the time. It has been a while since I have had a look at recent advances, but if my memory serves me right, the required temperature differential is difficult to find near areas where power is in demand.
Tidal power plants in operation today include a 240 MW plant in France (the La Rance Tidal Power Plant completed in 1966), a 20 MW plant in Nova Scotia (The Anapolis Royal Generation Station, completed in 1984) and a 0.5 MW plant in Russia (at Kislava Guba on the Barents Sea). There are additional trial installations, including one in-stream project in New York (although in a fresh water stream, the same technology used for tidal current energy conversion is used).
The Electrical Power Research Institure (EPRI) in 2004 counted 17 companies developing wave energy conversion technology in 2004. At least one (Ocean Power Delivery) is currently installing the first commercial plant off the coast of Portugal. Significantly more interest in this technology in Europe, Japan, Australia, and South Africa, than in the US. A major barrier to ocean energy conversion is a rather complicated and conflicting claim to licensing jurisdiction. The Energetech GreenWave project in Point Judith, RI has completed a non-FERC licensing process as an air driven power system, however, a 2006 ruling by FERC denied the classification of this air turbine system as an air driven system and classified it as a hydropower system and under their jurisdiction. Energetech has yet to display any interest in going through the FERC licensing process and furthermore, will not accept FERC's offer of waiving a license for this experimental plant. In the case of California, EPRI notes a number of agencies at all government levels competing for licensing jurisdiction, which is a major hurdle for an industry that is primarily funded by private, rather than public money.
While ocean energy technology is practical for limited areas of the US, some estimates pput the potential at somewhere in the neighorhood of 20% of current US demand. For the $19 billion proposed for the space-based system under consideration by the next administration, one could have functional, producing facilities in about 10 years, assuming realistic government policy. On the other hand, the fact that so much progress has been achieved through private funding, any direct government support could possibly delay, or destroy, any economic viability through excessive bureaucratic oversight...
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