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scientists, and financial institutions. The charter corporation may also include anchor customers such as a utility company, data center operators, and hotels. The local government grants rights to a suitable property and BOOT rights to the Charter Corporation. Once the charter corporation executes and operates the plant and all its members repay their costs and a reasonable profit from the revenues, the ownership of the Hydrothermal Energy Plant reverts to the local government providing added value to benefit the community. The Charter Corporation, after such experience, reforms the consortium and goes on to other communities in the same or even improved process. CONCLUSION The trials and triumphs of ocean energy from 1930 to 2010 indicate the feasibility for Hydrothermal Energy yet demonstrated that the application demands innovative ways to make the system both commercially and environmentally viable. The author introduces a concept to co-opt existing technology in directional drilling or tunnel boring with Hydrothermal Energy to create reliable access to the water resources. This method mitigates some of the risks of ocean energy extraction as was experienced by past attempts and current applications. Based on the performance of existing Lake Source Cooling Plant at Cornell N.Y. and the Deep Seawater cooling plant in Bora Bora, Hydrothermal Cooling plants may be installed in such places as the Florida coast from Stuart to Miami reducing the cost of air conditioning by as much as 90%. The coastal United States and Canadian communities of Lake Ontario could have up to 132 million tons (464 million kW) of process cooling plants using natural cold lake water to lower product cost and attract factories. In addition to cooling, accessing a warm water source of at least 36°F (20°C) temperature differential has the potential of generating electric power by using heat exchangers and organic rankine cycle turbines. Preliminary designs estimate that approximately 10 megawatts of power can be obtained from modular heat exchangers and a turbine generator designed to the envelope of two or three ISO 40 foot containers per module. Four times more power is theoretically possible by integrating solar energy provided space is available. This power may be used for many purposes including power generation for island communities without burning fuel, fresh water production, hydrogen or ammonia fuel production, oxygen waste water treatment and increasing agriculture and seafood output. Hydrothermal Energy plants address climate change by not only reducing the rate at which we currently emit CO2 but by also absorbing the CO2 out of the atmosphere. Hydrothermal Energy Plants represent a significant revenue potential for carbon trading. A business model for commercialization of Hydrothermal Energy Plants is suggested based on a Charter Corporation of stakeholders to Build-Own-Operate the facility until all the stakeholders have paid their costs and a reasonable profit. At that point the Charter Corporation is dissolved and the facility is turned over to the local community providing value for the long term. The Charter Corporation reforms in another community to repeat the business model with more experience. Government, NGO, commercial, academic and research institutions are invited to study and model Hydrothermal Energy Plants in areas within 35 miles (57Km) of 39°F (4°C) water and at least 36°F (20°C) of temperature difference. Engineers and entrepreneurs are well advised to consult with oceanographers, geologists, and directional drilling / tunnel boring professionals to assess the comprehensive set of Hydrothermal Energy opportunities in their local community. Page | 9PDF Image | Hydrothermal Energy
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