The contract calls for Lockheed Martin to develop critical OTEC system components and further mature its design for an OTEC pilot plant, an incremental step in developing large-scale utility plants. A key part of maturing the plant design includes developing an interface between the systemâs cold water pipe and the platform.
âOTEC has the potential to play a critical role in securing our nationâs and our militaryâs energy needs, â said Lockheed Martin New Ventures vice president Rich Lockwood. âThis contract provides Lockheed Martin the opportunity to further demonstrate the feasibility of generating electricity from the ocean in an environmentally benign way.â
Lockheed Martin’s experience with OTEC technology dates back to the 1970s when the company built âMini-OTEC.â