OceanBased Perpetual Energy Archives

June 10, 2020 — Nasser Alshemaimry was on a boat last month, heading for a spot in the Atlantic Ocean to test out his turbines. He was also, he said, heading for completion of his final life goal.

“This is my last hurrah,” said Alshemaimry, 70. “I’m going to do this and then retire.”

A year ago his company, OceanBased Perpetual Energy, agreed to work with Florida Atlantic University to develop a way to generate electricity by harnessing the steady-flowing Gulf Stream, the powerful ocean current that brings warm water from the Gulf of Mexico into the Atlantic and up the East Coast to Canada. Now his company was ready for the first test of five types of turbines to see which one would work best while anchored 80 feet below the ocean’s surface.

A successful test, Alshemaimry said, would lead to a project that would cost an estimated $16 billion. The goal: in five years, producing 5 gigawatts of electricity from turbines spun by the Gulf Stream, which would be sent through underwater cables to a power distribution station built in the West Palm Beach area.

Read the full story at The Washington Post