OTEC, or Ocean Thermal Energy Conversion, is a technology that generates electricity by exploiting the temperature differences between warm surface waters and colder deep waters in tropical oceans. There are three main types of OTEC systems - floating, land-based, and self-mounted. OTEC plants use the ocean's thermal gradient to evaporate a working fluid like ammonia in a heat exchanger, which then drives a turbine that generates electricity. While OTEC is not yet economically viable at scale, it has advantages of being renewable, low maintenance, and producing fresh water and minerals as byproducts while emitting very little carbon. Further development is needed to minimize environmental impacts and reduce costs to compete with other power sources.