OceanBit’s foundational solution:
Demand Response OTEC
- solving the ocean energy problem
Our solution solves the ocean thermal energy’s commercialization problem.
We couple high-density compute with ocean thermal power generation to provide a flexible revenue-generating load bank that dynamically responds to real-time changes.
No more uptime curtailment.
No more high-cost fossil fuel base load solutions.
No more price shocks, and supply chain uncertainty.
It’s time to displace the diesel and gas baseload generation and unlock our coastal economies using the planet’s largest thermal battery.
Mobile power plant
High density compute
Uninterrupted source of energy
Monetizing excess energy
Coastal energy is critical to humanity as 40% of the world’s population live within 100km of the coast.
That’s about ~2.4 billion people.
How does Demand Response OTEC work?
In all energy markets across the world, there are peak and non-peak periods. Simply put, there are times when customers require 100% of the energy, and other times when this demand decreases.
However, this poses a significant challenge in commercializing OTEC — ocean thermal energy cannot be turned off, leading to energy wastage when demand is low.
OceanBit’s patented technology addresses this challenge by harnessing this excess energy, overcoming the commercialization challenge OTEC developments have faced previously.
What to do with that excess energy?
This innovative approach effectively addresses the economic challenges faced by a viable ~10 MW gateway plant. Furthermore, at the 50–100 MW scale, it resolves the issue of customers not needing to continuously purchase the plant’s maximum energy output.
Our goal is to provide continuous, renewable, clean energy at a fraction of the cost, transforming the OTEC Zone and ensuring stability for future development of communities and industry.
Who’d have imagined placing a data center on a boat!? This integration offers a highly flexible load that can adjust rapidly to complement the buyer’s energy requirements, ensuring the DROTEC plant continuously operates at optimal capacity (100%).
Benefits of OceanBit Power
24/7 Flexible Load
Our technology enables Ocean Thermal power plants to deliver responsive, dispatchable power that precisely matches consumer load profiles.
Carbon-Free
Our power generation produces zero greenhouse gases or emissions, helping consumers achieve their renewable energy and sustainability development goals.
Scalable
With our modular concept design we can easily scale installation capacities and expand power plants to meet growing future demands.
Cost-effective
Utilizing innovative vessel designs and the monetization of curtailed power, we offer a more economical solution compared to traditional OTEC systems.
Offshore
Designed specifically for maritime applications, our offshore plants minimize environmental footprint and logistical challenges associated with land-based Ocean Thermal power delivery.
Ancillary services
Our system's flexible design enables us to provide essential grid services like frequency response, voltage control, and black start capabilities.
Contact OceanBit
Get in touch with the leading experts in ocean thermal.