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22 Nov 10. The U.S. Naval Facilities Engineering Command awarded Lockheed Martin a $4.4m contract modification to advance the design for an Ocean Thermal Energy Conversion (OTEC) pilot plant off the coast of Hawaii. This contract modification is an addition to a Naval Facilities Engineering Command contract for $8.1m issued in 2009.
Under the contract, a Lockheed Martin-led industry team continues to develop critical system components and designs for an OTEC pilot plant, which leverages the temperature difference between warmer water at the ocean’s surface and colder water below to produce clean power. Unlike other intermittent energy sources, OTEC offers a sustainable baseload power source, available day and night regardless of weather conditions, from energy stored in the world’s oceans.