OUTER BANKS OCEAN ENERGY CORPORATION (OBOE)

Wind power is the world’s fastest growing source of energy for production of electricity. The US wind energy industry shattered all previous records in 2008 by installing 8.5 gigawatts of new generating capacity and channeled $17 billion into the economy. In the most densely populated coastal areas of the eastern U.S., onshore wind locations are difficult to locate due to social and environmental obstacles. Conversely, offshore wind locations (e.g., North Carolina) are highly desirable due to consistent high wind velocities in optimum locations out of sight from land. OBOE looks to the sea as the major source of future power. (See slide program on Energy Preserve)

As an Industry Partner of the Center for Ocean Energy Technology at Florida Atlantic University, OBOE has become a leading proponent of development of Ocean Current Power (Gulf Stream turbines), Ocean Wind Power (mounted turbines), Ocean Wave Power (motion bouys) and a supplemental Natural Gas Platform (production from wells or by tanker from east Canada) combined into a Hybrid Offshore Energy Preserve.

This offshore wind map (below left) shows wind power density at 10 meters above the ocean surface (in Watts per square meter). The light (Carolina) blue at the tip of the Outer Banks is the corridor of wind power we will target. This should provide for up to 3.8 megawatts of power generation per turbine.

Courtesy of Old Dominion University, Jose Blanco & Larry Atkinson