The ocean can be a strategic alternative for obtaining energy supplies, both from ocean waves as from sea currents and tides. Among these features, the power generation projects based on ocean currents are still under development. Generating energy from ocean can have great impact on the Brazilian energy grid, since Brazil has a vast coastline, with more than 9,000 km long, with potential for generating energy from ocean currents not fully estimated. This article presents a preliminary determination of the energy potential for power generation from ocean currents along the coast of Rio Grande do Sul, the southernmost state of Brazil, and also presents notes that contribute to the characterization of the system of ocean currents in the region. The data used were obtained in two areas near Tramandaí, allowing the determination of velocities and directions of the currents on a seasonal basis. The maximum speeds obtained rarely exceed 0.750 m/s, while the average speeds do not exceed 0.200 m/s. A relationship with the prevailing winds in the region was identified. Unfortunately, the results do not allow optimism about the power generation from ocean currents on the southern coast of Brazil, at least over the continental shelf.