This paper presents a techno-economic assessment of hydrokinetic energy of Cozumel Island, where ocean currents have been detected, but tourist activities are paramount. The main objective of this research is to identify devices that have been used to harvest hydrokinetic power elsewhere and perform an economic analysis as to their implementation in the Mexican Caribbean. First, the energy potential of the area was evaluated using simulated data available through the HYCOM consortium. Then, for four pre-commercial and commercial turbines, technical and economic analyses of their deployments were performed. Socio-environmental constraints were reviewed and discussed. Three optimal sites were identified, with an average annual hydrokinetic energy density of 3–6 MWh/m²-year. These sites meet the socio-environmental requirements for marine kinetic energy harvesting. Of the turbines considered in the analysis, the best energy price/cost ratio is that of SeaGen device, with a maximum theoretical energy extraction of 1319 MWh/year with a Capacity Factor of 12.5% and a Levelised Cost of Energy (LCOE) of 1148 USD/MWh. Using this device, but assuming a site-specific design that achieves at least 25% of Capacity Factor, 20-year useful life, and a discount rate of 0.125, the LCOE would be 685.6 USD/MWh. The approach presented here can be applied for techno-economic analyses of marine turbines in other regions.

The Mexican Caribbean Sea has potential zones for Ocean Thermal Energy Conversion (OTEC) implementation. Universidad del Caribe and Instituto de Ciencias del Mar y Limnologia, with the support of the Mexican Centre of Innovation in Ocean Energy, designed and constructed a prototype OTEC plant (OTEC-CC-MX-1 kWe), which is the first initiative in Mexico for exploitation of this type of renewable energy. This paper presents a sensitivity analysis whose objective was to know, before carrying out the experimental tests, the behavior of OTEC-CC-MX-1 kWe regarding temperature differences, as well as the non-possible operating conditions, which allows us to assess possible modifications in the prototype installation. An algorithm was developed to obtain the inlet and outlet temperatures of the water and working fluid in the heat exchangers using the monthly surface and deep-water temperature data from the Hybrid Coordinate Ocean Model and Geographically Weighted Regression Temperature Model for the Mexican Caribbean Sea. With these temperatures, the following were analyzed: fluctuation of thermal efficiency, mass flows of R-152a and water and power production. By analyzing the results, we verified maximum and minimum mass flows of water and R-152a to produce 1 kWe during a typical year in the Mexican Caribbean Sea and the conditions when the production of electricity is not possible for OTEC-CC-MX-1 kWe.