THE NEW ENERGY REVOLUTION
"We can provide real, practical solutions to mankind's three oldest and most fundamental needs:
plentiful food, clean drinking water, and sustainable energy solutions - all without the use of fossil fuel."
-Jeremy P. Feakins
Chairman of the Board and Chief Executive Officer
THE PROBLEM
LACK OF FRESH WATER
- Over 700 million global citizens lack access to safe drinking water
- By 2025, about 1.8 billion people will be living with absolute water scarcity
- By 2030, the worldwide demand for fresh water will exceed our supply by 40%
- Each year, 1.6 million deaths are attributed to diseases spread through unsafe water, poor sanitation, and lack of hygiene
THE SOLUTION
DESALINATION SYSTEM
- When powered by an OTEC or SWAC/LSC plant, a desalination unit produces an abundance of fresh water via reverse osmosis.
- More fresh water for human consumption means fewer people go thirsty, better hygiene exists, and sanitation is better practiced.
THE PROBLEM
FOOD INSECURITY
- The world needs to produce at least 50% more food to feed 9 billion people by 2050
- Extreme droughts have devastated farmland in developing nations, leaving communities unable to keep livestock or grow crops for consumption
- Many communities are relying on nutritionally inadequate food sources or are forced to endure prolonged hunger
THE SOLUTION
FRESH WATER FOR FARMING
- Fresh water produced from a desalination unit helps increase food security.
- Grey Water (lesser quality water) can be used to irrigate crops and for fish-farming, which means agriculture and aquaculture can flourish.
- A lack of water has historically been a source of tension and a factor in conflicts. An adequate fresh water supply may reduce the risk of war.
THE PROBLEM
DEPENDENCY ON OIL
- Over 1 billion people in emerging markets are paying high-energy prices from fossil fuel-generated power
- The cost of producing electricity is unstable and unpredictable
- Importing and investing in foreign oil fails to strengthen the local economy
THE SOLUTION
SELF-SUSTAINING ENERGY PRODUCTION
- Technologies like Ocean Thermal Energy Conversion (OTEC) and Seawater/Lake Source Cooling (SWAC/LSC) feed back into the local economy as they provide reliable renewable energy at a stable price point.
- They provide enormous economic development opportunities and job creation in developing nations with high rates of poverty and instability.
THE PROBLEM
GLOBAL AIR AND WATER POLLUTION
- Burning fossil fuels causes global climate change, extreme weather conditions, droughts, and smog
- Geopolitical implications of climate change include worldwide social, political, and environmental consequences
- Poor air quality has contributed to higher incidences of illnesses like cancer, asthma, and pneumonia
- Changing climate is damaging our global ecosystem, killing off wildlife, and depleting access to fresh water
THE SOLUTION
CLEAN RENEWABLE ENERGY
- Our declared mission is to develop and build entire communities that will use only fossil-fuel-free OTEC energy and water, proving that we can all live sustainably and responsibly while inspiring affordable living using OTEC systems and energy-efficient, chemical-free Seawater Air Conditioning (SWAC).