€3.5m
in funding secured.
6
Collaborative Partners.
Built
Clean Energy Demonstrator.
How the PLOTEC project aims to develop Ocean Thermal Energy
PLOTEC is a project that aims to achieve a successful demonstration of the novel designs and materials for an ocean thermal energy conversion (OTEC) platform.
The technology aims to convert solar heat energy stored in the oceans surrounding the Overseas Countries and Territories of the EU, Small Islands and Developing States, and the Asian and African continent into reliable, baseload power with an economical cost model.
About PLOTEC
The PLOTEC project brought together OTEC experts (Global OTEC Resources, offshore Renewables experts (WAVEC), research infrastructure or a real environment marine test site (PLOCAN), marine engineers (GOR, CTECH and Plymouth University), plastics engineers and renewable materials experts (AGRU), Academic experts of Engineering, Computing and Mathematics (Plymouth University), and Policy and SIDS expert consultancy (Island Innovation) supporting the transition to sustainable energy technologies in small islands and developing states (SIDS) and the EU’s OCTs (Overseas Countries and Territories).
Together We Solve
The PLOTEC project has the potential to have a huge impact on the road to net-zero because it addresses a clear challenge. The power demands of tropical islands during peak seasons are currently met by offshore diesel generators – PLOTEC shows us how this need can be met using clean, renewable energy instead. This speaks to us at Venturenomix and it was great to play our part by winning funding.
Successful Outcomes
The PLOTEC project was awarded Horizon Europe funding worth €3.5m to the project partners over a 2-3 year project period. The project involved some UK-based companies, and with the UK in ‘transition’ at the time of the award, funding was secured through the UK Government Horizon Europe Guarantee fund. The project is currently live on Cordis.
Dan Grech
CEO // OTEC
