Large-scale Ocean-based or Geothermal Power Plants by Thermoelectric   Effects
  Heat resources of small temperature difference are easily accessible, free and unlimited on earth. Thermoelectric effects provide the technology for converting these heat resources directly into electricity. We present designs of electricity generators based on thermoelectric effects and using heat resources of small temperature difference, e.g., ocean water at different depths and geothermal sources, and conclude that large-scale power plants based on thermoelectric effects are feasible and economically competitive. The key observation is that the power factor of thermoelectric materials, unlike the figure of merit, can be improved by orders of magnitude upon laminating good conductors and good thermoelectric materials. The predicted large-scale power plants based on thermoelectric effects, if validated, will have a global economic and social impact for its scalability, and the renewability, free and unlimited supply of heat resources of small temperature difference on earth. 
Liping Liu
cond-mat.mtrl-sci physics.class-ph