Giannotti Awarded Contract For Ocean Thermal Study And Conceptual Design

The Taiwan Power Company (Taipower) recently awarded a contract to Giannotti & Associates International, Inc. (GAI) of Houston to conduct a feasibility study and provide a conceptual design for an ocean thermal energy conversion (OTEC) power plant that would be located along the East Coast of Taiwan, Republic of China.

OTEC is a renewable technology that has reached an advanced stage of development following an investment of some $250 million by the U.S., France, and Japan. It utilizes as an energy source the temperature differences between ocean surface water and the nearly freezing water at depths of about 3,300 feet. In good tropical locations such as Taiwan, electricity generated by OTEC is likely to become economically competitive with electricity derived from the burning of oil.

The awarding of this contract by Taipower recognizes the interest of the Republic of China in diversifying its energy sources and its desire to utilize domestic resources of labor, materials, and energy. GAI is a diversified company with considerable experience in OTEC technology development.

Maritime Reporter Magazine, page 6, Nov 1984

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First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.