Using data from the U.S Energy Information Administration (EIA), which tracks electricity prices by state, the Public Utilities Commission of Texas consumer guide “SaveOnEnergy.com” notes that recent reports from the EIA show the average residential electricity rate in the U.S. is 12.80 cents per kilowatt hour (kWh). To help certain customers better understand their electricity rates...Read More

OceanBased Perpetual Energy is pleased to announce we will be exhibiting at this year’s virtual #ICOE2021, the International Conference on Ocean Energy (ICOE)!  The event will convene international stakeholders, experts and exhibitors from the ocean energy sectors (tidal, wave, ocean currents, ocean thermal gradients) with content and networking opportunities—available from anywhere in the world. The...Read More

While marine energy technologies are still at the relatively early stages of development in the United States, their resource potential is immense and distributed widely across the nation’s coastlines and rivers.  To document these opportunities, the National Renewable Energy Laboratory (NREL) recently reported on them during February 2021. Focusing on technically recoverable marine energy resources...Read More

Click above for a short video explanation of how OceanBased Pepetual Energy will generate clean hydrogen. OceanBased Perpetual Energy, a pioneering South Florida-based ocean energy company, has inked a four-year contract to produce commercial-grade green hydrogen for Summit Worx, a South Carolina high-tech engineering firm.    In a significant advancement for America’s clean energy transition, the...Read More

Comments on the Energy Market From OceanBased Perpetual Energy CEO Nasser M.N. Alshemaimry My Prologue:  How oil companies are changing their interest, their agenda, their plans and their future to catch up with the pendulum of changing times. Giant oil companies, especially the American and European oil companies like Mobil, Chevron, Total, Shell, BP and...Read More

OceanBased Perpetual Energy, a South Florida-based ocean energy pioneer, congratulates former Michigan Governor Jennifer M. Granholm as the new United States Secretary of Energy. Secretary Granholm was confirmed by the U.S. Senate Energy and Natural Resources Committee with a vote of 64-35 today, February 25, 2021. “Governor Granholm has the leadership skills, the vision, and...Read More

Energy generated by the perpetual incoming flow of waves or tides could be the answer to Texas’ energy difficulties, says Nasser M.N. Alshemaimry, the CEO and visionary of OceanBased Perpetual Energy, a South Florida-based ocean current energy pioneer. “Wave energy has a proven track record in several countries for over 20 years since 2001,” he...Read More

After reading the news about the Texas power grid challenges exacerbated by epic amounts of snow and ice continuing to pummel the state this week, OceanBased Perpetual Energy CEO Nasser M.N. Alshemaimry expressed his concern for the well-being and safety of the people of Texas. “As a graduate of Texas Christian University, I feel particular...Read More

OceanBased Perpetual Energy is on the move! On February 16, 2021, OceanBased announced that we have signed a contract with the London-based Advisory and Investment Firm GAK Capital to support fundraising and marketing efforts for Phase One of OceanBased’s renewable ocean energy endeavors that will capture the power of Florida’s Gulf Stream and convert it...Read More

Many in the clean energy business these days are focused on turbines and turbine engineering—an unexpectedly vast science with numerous applications, especially in powering new technologies for the growing renewable energy space.    Among those alternative fuel markets is ocean energy, which OceanBased Perpetual Energy is working to harness from Florida’s powerful and ever-flowing Gulf Stream.  ...Read More