Abstract
This analysis identifies the economic impacts associated with OTEC development and quantifies them at the national, regional, and industry levels. It focuses on the effects on the United States' economy of the domestic development and utilization of twenty-five and fifty 400 MWe OTEC power plants by the year 2000. The methodology employed was characteristic of economic impact analysis. After conducting a literature review, a likely future OTEC scenario was developed on the basis of technological, siting, and materials requirements parameters. These parameters were used to identify the industries affected by OTEC development; an economic profile was constructed for each of these industries. These profiles established an industrial baseline from which the direct, indirect, and induced economic impacts of OTEC implementation could be estimated. Each stage of this analysis is summarized; and the economic impacts are addressed. The methodology employed in estimating the impacts is described.
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