Table 5 Technology comparison for island and remote coastal applications.

From: Numerical analysis of flow configuration and channel design for thermoelectric OTEC systems

Technology

LCOE ($/kWh)

Capacity factor (%)

Technical maturity

Proposed TE-OTEC

0.20–0.28

85–90

Demonstration

Conventional OTEC

0.15–0.20

90–95

Commercial

Offshore wind

0.08–0.12

35–45

Commercial

Diesel generation

0.25–0.40

90–95

Mature

Solar + storage

0.20–0.30

25–30

Commercial