The aim of this article is to show how an OTEC Ecopark could provide comprehensive, sustainable, and quality products that satisfy the diverse needs of coastal communities in Mexico. An offshore 60 MW hybrid Ocean Thermal Energy Conversion (OTEC) plant is proposed, which will provide products that will not only fulfill the water, energy, and food needs of the coastal communities, but also energize the local blue economy. An assessment of the financial feasibility of the plant as well as a comparative analysis against other forms of energy generation was carried out. The methodology section includes a market description, literature review for the technical design, methods for mitigating socio-environmental risks, and an analysis of operational risks. To determine financial feasibility, the CAPEX, OPEX and annual revenue, including the sale of CELs and carbon credits, were evaluated. The Internal Rate of Return suggests that the system would pay for itself in year 5 of the system’s 30-year life. The methodology used for this case study, with site-specific adaptations, can be applied to other coastal communities across the globe.
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.