Blue Energy Economic Advantages - Green Energy Wins in a Recession

Multiple uses - One of the most exciting economic benefits of the Blue Energy Power System is that it can act not only as a tidal fence producing sustainable energy, but as a transportation corridor supporting roadways, rail lines, water mains or communication lines. And as the Blue Energy Ocean Turbines are hooked in series to form the series, they can also come on line in series, with the first units placed creating revenue and offsetting debt before the last units are in place to create the bridge.

Scalable power cost - Within six years of operation, the Blue Energy system will generate electricity at a competitive rate of $US 0.04 per kWh, constantly trending downward.

No Fuel Costs - The Energy source is fueled by the free forces of the ocean’s tidal currents.

Inexpensive Material - As the marine caissons are constructed with concrete and steel, the Blue Energy system employs relatively low cost durable materials for aerospace technology.

Local transmission - The Higher costs of extending electricity transmission lines to rural areas is a significant economic advantage to using the Blue Energy Ocean Turbine to locally power coastal areas.

Earns tradable emission credits - A large tidal bridge can offset tens of millions of metric tons of carbon dioxide every year, earning carbon emission credits which can be sold to polluting organizations on an open market. Created as a measure to promote greenhouse gas emission reductions, these “carbon credits” represent additional revenue for Blue Energy.

Tradable Emissions Markets - In order to meet the emissions reductions targets outlined in the Kyoto Protocol, various emissions trading solutions are being put forward by various nations, as outlined under article 12 in the Kyoto Protocol, “certified emissions reductions”. These market-based solutions would allow for a trading mechanism whereby over-polluters may purchase “offset credits” from under-polluters or non-polluters. Blue Energy’s proposed Dalupiri project in the Philippines, for example, would offset 7 million metric tons of carbon dioxide annually, producing approximately 2 million Certified Emissions Reductions.

Competitive capital costs - The Blue Energy Power System is expected to have a competitive capital cost of $US 1200 per kW for large scale facilities, and US$3000 for the mid range system. A high capacity factor of between 40 and 60 percent make this technology cost effective in virtually every market world wide.

Green Pricing - This is an optional utility service that allows customers an opportunity to support a greater level of utility company investment in renewable energy technologies. Participating customers pay a premium on their electric bill to cover the extra cost of the renewable technology. A total of 75MW of new renewable energy capacity have been developed through green pricing programs, and consumer surveys in several states have revealed that the majority of residential customers (ranging from 52 to 95%) are willing to pay a premium for power from renewable sources.