{"id":340,"date":"2019-03-04T08:55:29","date_gmt":"2019-03-04T08:55:29","guid":{"rendered":"https:\/\/dvcai.utm.my\/satreps\/?page_id=340"},"modified":"2021-01-06T00:58:18","modified_gmt":"2021-01-06T00:58:18","slug":"business-development","status":"publish","type":"page","link":"https:\/\/dvcai.utm.my\/satreps\/projects\/list-of-project\/business-development\/","title":{"rendered":"Business Development"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; fullwidth=&#8221;on&#8221; _builder_version=&#8221;3.22.3&#8243; use_background_color_gradient=&#8221;on&#8221; custom_padding=&#8221;0px|0px|0|0px|false|false&#8221;][et_pb_fullwidth_header title=&#8221;PROJECT 10 &#8221; subhead=&#8221;HYBRID OTEC &#8211; DEVELOPMENT OF MALAYSIA MODEL (INCLUSIVE OF ECONOMIC EVALUATION) &#8221; text_orientation=&#8221;center&#8221; _builder_version=&#8221;4.7.4&#8243; title_font=&#8221;|700|||||||&#8221; title_text_align=&#8221;left&#8221; content_font=&#8221;||||||||&#8221; content_text_align=&#8221;justify&#8221; content_font_size=&#8221;18px&#8221; subhead_font=&#8221;|600|||||||&#8221; subhead_text_align=&#8221;justify&#8221; subhead_font_size=&#8221;20px&#8221; background_color=&#8221;#003789&#8243; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>Project Leader: Dr. Rahayu Tasnim (UTM)<\/p>\n<p>[\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;3.22.3&#8243; custom_padding=&#8221;0|0|54px|0px|false|false&#8221;][et_pb_row _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;0|0px|27px|0px|false|false&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;3.27.4&#8243;][\/et_pb_text][et_pb_tabs active_tab_background_color=&#8221;#ffffff&#8221; inactive_tab_background_color=&#8221;rgba(0,0,0,0)&#8221; active_tab_text_color=&#8221;#00208a&#8221; _builder_version=&#8221;4.7.4&#8243; tab_text_color=&#8221;#00208a&#8221; body_font=&#8221;Average Sans||||||||&#8221; body_text_align=&#8221;justify&#8221; body_font_size=&#8221;18px&#8221; tab_font=&#8221;|700|||||||&#8221; tab_line_height=&#8221;2em&#8221; hover_enabled=&#8221;0&#8243; border_radii=&#8221;on|25px|25px|25px|25px&#8221; border_width_all=&#8221;2px&#8221; border_color_all=&#8221;#00208a&#8221; box_shadow_style=&#8221;preset2&#8243; sticky_enabled=&#8221;0&#8243;][et_pb_tab title=&#8221;PROJECT OVERVIEW&#8221; _builder_version=&#8221;3.23.1&#8243; body_font=&#8221;||||||||&#8221; tab_font=&#8221;|700|||||||&#8221;]<\/p>\n<ul>\n<li style=\"text-align: justify\">The economics of projects are the main barrier for OTEC development, especially small-scale plants will never become economically viable anywhere.<\/li>\n<li style=\"text-align: justify\">The OTEC system which only produced electrical power would not have a viable business measure, so in order to achieve a viable business measure, the <strong>OTEC system should produce electrical power and its by-product<\/strong>.<\/li>\n<li><span>The OTEC main product is energy (electrical power), and it\u2019s by-products are cooling water, aquaculture, farming, and mineral (<strong><em>Johnson, G., 2013<\/em><\/strong>). <\/span><\/li>\n<li><span>Thus, OTEC technology can be economically viable when OTEC will produce the main product (electrical power) and its by-products (cooling water, aquaculture, farming, mineral, hydrogen, CO2 saving, and shellfish).<\/span><\/li>\n<\/ul>\n<p>[\/et_pb_tab][et_pb_tab title=&#8221;PROJECT OBJECTIVES&#8221; _builder_version=&#8221;3.23.1&#8243;]<\/p>\n<p style=\"text-align: justify\"><strong>Main Objective:<\/strong><\/p>\n<p style=\"text-align: justify\">To investigate the sustainability of Hybrid OTEC technology implemented in Malaysia.<\/p>\n<p style=\"text-align: justify\"><b>This main objective is broken down into<\/b>:-<\/p>\n<ol>\n<li style=\"text-align: justify\">To investigate the market of potable water, seaweed and abalone in Malaysia.<\/li>\n<li style=\"text-align: justify\">To test the potable water, seaweed and abalone produced by this project to the market.<\/li>\n<li style=\"text-align: justify\">To investigate the financial viability of Hybrid main product and every Hybrid by-product.<\/li>\n<li style=\"text-align: justify\">To investigate the financial viability of Hybrid OTEC technology by producing electrical power and it&#8217;s by-products (potable water, seaweed and abalones).<\/li>\n<li style=\"text-align: justify\">To investigate how much potable waters (volume), how much seaweed and abalone to be sold, and the readiness of potable market, seaweed market, and abalone market to be able to achieve the Hybrid OTEC economically viable (e.g., having 5 year payback period).<\/li>\n<\/ol>\n<p style=\"text-align: justify\">In order to achieve those objectives, some methodologies should be implemented, such as market research, product test to the market and market test, payback period, NPV, and IRR for the main product and every by-product, and reverse engineering when the payback period will be given a fixed number.<\/p>\n<p>[\/et_pb_tab][et_pb_tab title=&#8221;FLOWCHART OF ACTIVITIES&#8221; _builder_version=&#8221;3.23.1&#8243;]<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/dvcai.utm.my\/wp-content\/uploads\/sites\/6\/2019\/06\/0010.png\" width=\"720\" height=\"960\" alt=\"\" class=\"wp-image-3606 aligncenter size-full\" \/><\/p>\n<p>[\/et_pb_tab][et_pb_tab title=&#8221;EXPECTED RESULTS&#8221; _builder_version=&#8221;3.23.1&#8243;]<\/p>\n<p><strong>Novel theories\/New findings\/Knowledge<\/strong><br \/> OTEC Hybrid technology is economically viable<\/p>\n<p><strong>Research Publications<\/strong><br \/>Two (2) articles in Q1 and Q2<\/p>\n<p><strong>Specific or Potential Applications<\/strong><br \/> OTEC Hybrid is economically viable if OTEC Hybrid is selling main (electrical power) and by-products (potable water, seaweed, and abalone) in Malaysia.<\/p>\n<p><strong>Number of PhD and Masters (by research) Students<\/strong><\/p>\n<ul>\n<li>PhD Student(s): 2<\/li>\n<li>Master Student(s): 2<\/li>\n<\/ul>\n<p>[\/et_pb_tab][et_pb_tab title=&#8221;LIST OF RESEARCHERS&#8221; _builder_version=&#8221;4.7.4&#8243; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p><span style=\"text-decoration: underline\"><strong>UTM<\/strong><\/span><\/p>\n<ol>\n<li style=\"padding-left: 30px\">Dr. Rahayu Tasnim\u00a0 &#8211; <strong>PROJECT LEADER<\/strong><\/li>\n<li style=\"padding-left: 30px\">Ts. Dr. Sathiabama T. Thirugnana<\/li>\n<li style=\"padding-left: 30px\">Assoc. Prof. Mas Bambang Baroto<\/li>\n<li style=\"padding-left: 30px\">Assoc. Prof. Dr. Abentin Estim<\/li>\n<\/ol>\n<p>[\/et_pb_tab][\/et_pb_tabs][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Project Leader: Dr. Rahayu Tasnim (UTM) The economics of projects are the main barrier for OTEC development, especially small-scale plants will never become economically viable anywhere. The OTEC system which only produced electrical power would not have a viable business measure, so in order to achieve a viable business measure, the OTEC system should produce [&hellip;]<\/p>\n","protected":false},"author":2612,"featured_media":0,"parent":149,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-340","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/dvcai.utm.my\/satreps\/wp-json\/wp\/v2\/pages\/340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dvcai.utm.my\/satreps\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/dvcai.utm.my\/satreps\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/dvcai.utm.my\/satreps\/wp-json\/wp\/v2\/users\/2612"}],"replies":[{"embeddable":true,"href":"https:\/\/dvcai.utm.my\/satreps\/wp-json\/wp\/v2\/comments?post=340"}],"version-history":[{"count":2,"href":"https:\/\/dvcai.utm.my\/satreps\/wp-json\/wp\/v2\/pages\/340\/revisions"}],"predecessor-version":[{"id":4514,"href":"https:\/\/dvcai.utm.my\/satreps\/wp-json\/wp\/v2\/pages\/340\/revisions\/4514"}],"up":[{"embeddable":true,"href":"https:\/\/dvcai.utm.my\/satreps\/wp-json\/wp\/v2\/pages\/149"}],"wp:attachment":[{"href":"https:\/\/dvcai.utm.my\/satreps\/wp-json\/wp\/v2\/media?parent=340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}