In regard to the potential environmental concerns raised above, according to the U.S. Department of Energy, that chilled water byproduct could actually be an asset. It could be used to generate air conditioning, support chilled-soil agriculture, support aquaculture of cold-water delicacies, and ...in an open or hybrid system... will produce fresh water from seawater.
http://energy.gov/eere/energybasics/arti...ion-basics
from above link:
"Complementary Technologies
OTEC has potential benefits beyond power production. For example, spent cold seawater from an OTEC plant can chill fresh water in a heat exchanger or flow directly into a cooling system. Simple systems of this type have air-conditioned buildings at the Natural Energy Laboratory for several years.
OTEC technology also supports chilled-soil agriculture. When cold seawater flows through underground pipes, it chills the surrounding soil. The temperature difference between plant roots in the cool soil and plant leaves in the warm air allows many plants that evolved in temperate climates to be grown in the subtropics. The Natural Energy Laboratory maintains a demonstration garden near its OTEC plant with more than 100 fruits and vegetables, many of which would not normally survive in Hawaii.
Aquaculture is perhaps the most well-known byproduct of OTEC. Cold-water delicacies, such as salmon and lobster, thrive in the nutrient-rich, deep seawater culled from the OTEC process. Microalgae such as Spirulina, a health food supplement, also can be cultivated in the deep-ocean water.
Finally, an advantage of open or hybrid-cycle OTEC plants is the production of fresh water from seawater. Theoretically, an OTEC plant that generates 2 megawatts of net electricity could produce about 14,118.3 cubic feet (4,300 cubic meters) of desalinated water each day.
Environmental and Economic Challenges
In general, careful site selection is key to keeping the environmental effects of OTEC minimal. OTEC experts believe that appropriate spacing of plants throughout tropical oceans can nearly eliminate any potential negative effects on ocean temperatures and marine life.
OTEC power plants require substantial capital investment upfront. OTEC researchers believe private sector firms probably will be unwilling to make the enormous initial investment required to build large-scale plants until the price of fossil fuels increases dramatically or national governments provide financial incentives. Another factor hindering the commercialization of OTEC is that there are only a few hundred land-based sites in the tropics where deep-ocean water is close enough to shore to make OTEC plants feasible."