Global OTEC has completed the installation of the world's first offshore ocean thermal energy conversion (OTEC) platform off Gran Canaria. This project aims to demonstrate the viability of OTEC technology, which can provide continuous baseload electricity for island economies reliant on imported fossil fuels. The platform is part of the PLOTEC project, supported by the EU's Horizon Europe program, and could potentially replace over 25 GW of fossil fuel electricity generation in tropical islands.
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