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Ocean Thermal Energy Conversion (OTEC) Economics: Updates and Strategies

Date: March 25, 2024 at 10:39 GMT

34737-otec-economics-march-2024-.png This report updates and extrapolates past efforts to understand the economics of OTEC in today’s changing world as the demand for environmentally friendly solutions to power, water, and food crises increases. In addition, the report will examine various business scenarios for implementation in the near future.


The OES is organised under the auspices of the International Energy Agency (IEA) but is functionally and legally autonomous. Views, findings and publications of the OES do not necessarily represent the views or policies of the IEA Secretariat or its individual member countries.