Ocean Geothermal Energy Foundation

About Ocean Geothermal Energy Foundation

The Ocean Geothermal Energy Foundation, or "OGEF," is a 501(c)(3) nonprofit that will research and develop a system to use geothermal energy from the ocean floor, which is a vast resource never before accessed for electricity generation. This resource has the capacity to solve many of the world's problems with energy, including climate change, and inadequate energy security due to limited supplies and high costs of energy. The research and development will address three primary objectives. The first objective is to assure that the system will meet the technical specifications and perform with the efficiency and effectiveness that is needed in order to compete with fossil-fueled generation. Such performance will rely on the very high temperature and large volume of the resources and on current developments in technology such as turbines operating on supercritical CO2. The second objective is to assure that the expected environmental benefits can be achieved. The third objective is to assure that the system will perform within the cost constraints that must be met in order to compete on a cost basis with other technologies, and to find and develop improvements in drilling techniques and instrumentation that will create additional cost improvements. The energy problems targeted include the reduction of greenhouse gas emissions. The primary energy problem is the need to replace coal and other carbon-based fuels and reverse the increase in greenhouse gases without resorting to nuclear energy to generate electricity. By operating on the ocean floor, the new system will produce vast amounts of energy and reduce biological, land use and air-quality impacts.

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