OceanBased Perpetual Energy
www.oceanbased.energyThe global energy industry has undergone a major shift in the last decade, with everything from traditional grid systems, energy consumption levels and energy sources coming into question. In a recent survey by RE100, 70 percent of respondents state they want America to produce 100 percent of its energy from renewable sources, marking a notable shift in perception and move away from fossil fuel reliance in the US. One factor encouraging this shift has been the advancement in renewable power technology and accessibility. Increased grid flexibility required to integrate high levels of renewable generation into national supply is developing at a rapid pace; opening up opportunities for new sources of power for both communities and the corporate world. Although wind turbines and solar panels are an increasingly familiar sight on the landscape, new ways of harnessing natural resources are emerging, one of which is the use of a new breed of turbines to create energy from ocean currents. The Florida Gulf Stream, in particular, has been identified as an area which has the potential to supply energy 24 hours a day, seven days a week, 365 days a year. It houses the capability to produce 19 GWs of electricity, enough to power the entire state of Florida and both South and North Carolina. By using this technology, the large resource of tidal streams and ocean currents can be exploited with relatively small environmental interaction, thereby offering an attractive method for large-scale electricity generation. Unlike other renewable sources, ocean currents can also be harnessed for base-load power generation without the need for large-scale battery storage. The current energy industry in the Gulf Stream area is on the precipice of making a significant step forward, with hundreds of megawatts (MW) of potential power under development. As a self-funded project, not reliant on government subsidies, it is the first step in commercialising current energy,
Read moreThe global energy industry has undergone a major shift in the last decade, with everything from traditional grid systems, energy consumption levels and energy sources coming into question. In a recent survey by RE100, 70 percent of respondents state they want America to produce 100 percent of its energy from renewable sources, marking a notable shift in perception and move away from fossil fuel reliance in the US. One factor encouraging this shift has been the advancement in renewable power technology and accessibility. Increased grid flexibility required to integrate high levels of renewable generation into national supply is developing at a rapid pace; opening up opportunities for new sources of power for both communities and the corporate world. Although wind turbines and solar panels are an increasingly familiar sight on the landscape, new ways of harnessing natural resources are emerging, one of which is the use of a new breed of turbines to create energy from ocean currents. The Florida Gulf Stream, in particular, has been identified as an area which has the potential to supply energy 24 hours a day, seven days a week, 365 days a year. It houses the capability to produce 19 GWs of electricity, enough to power the entire state of Florida and both South and North Carolina. By using this technology, the large resource of tidal streams and ocean currents can be exploited with relatively small environmental interaction, thereby offering an attractive method for large-scale electricity generation. Unlike other renewable sources, ocean currents can also be harnessed for base-load power generation without the need for large-scale battery storage. The current energy industry in the Gulf Stream area is on the precipice of making a significant step forward, with hundreds of megawatts (MW) of potential power under development. As a self-funded project, not reliant on government subsidies, it is the first step in commercialising current energy,
Read moreCountry
State
Florida
City (Headquarters)
Miami
Employees
1-10
Founded
2019
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