D. Latimer_Bell Pirie OTEC developer - Hawaii National Marine ...

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Zambales, PhilippinesSource: Nihous & Vega, Oct 2011blue jagged line is daily forecastsblack smooth line is monthly averages

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Ocean Thermal Resources and OTEC Site Selection Criteria

Renewable Energy Act No. 9513FISCAL:7 years income tax free10% corporate tax after 7 yearsZero VAT – sale of powerNON-FISCAL:Feed in tariff (FIT)- Fixed price 20 yearsRenewable Portfolio Standard (RPS)- Priority purchase and despatchDuty free import of machineries,equipment and materialsChallenge: Fair and reasonable tariff per kWh.Page 6

Zambales, PhilippinesSource: Nihous & Vega, Oct 2011blue jagged line is daily forecastsblack smooth line is monthly averages

Page 1 and 2: Photo: Cabangan, Zambales coast lin
Page 3: Large market opportunity - > GWs OT
Page 8 and 9: Sell powerEPCContractSpecial Purpos

D. Latimer_Bell Pirie OTEC developer - Hawaii National Marine ...

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