| 1. |
- Koundouri, P., et al.
(author)
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Methodology for Integrated Socio-economic Assessment of Multi-use Offshore Platforms.
- 2017
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In: In: Koundouri P. (eds) The Ocean of Tomorrow. Environment & Policy, vol 56. Springer, Cham. - 9783319557700 ; , s. 11-26
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Book chapter (other academic/artistic)abstract
- This chapter presents the methodology employed for the Integrated Socio-Economic Assessment (MISEA) of different designs of Multi-Use Offshore Platforms (MUOPs). The methodology allows for the identification, the valuationand the assessment of the potential impacts and their magnitude. The analysis considers a number of feasible designs of MUOP investments, and the likely responsesof those impacted by the investment project. The approach provides decision-makers with a valuable tool to assess whether a MUOP project increases the overall social welfare and hence should be undertaken. This is performed under alternative specifications regarding platform design, the discount rate and the stream of net benefits, if a Cost-Benefit Analysis (CBA) is to be followed or a sensitivity analysis of selected criteria in a Multi-Criteria Decision Analysis (MCDA) framework. Themethodology can support the implementation of policies aiming at achieving a goodenvironmental status of the EU’s marine waters and the protection of the resource base upon which marine-related economic and social activities depend.
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| 2. |
- Söderqvist, T., et al.
(author)
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Socio-economic Analysis of a Selected Multi-use Offshore Site in the North Sea
- 2017
-
In: In: Koundouri P. (eds) The Ocean of Tomorrow. Environment & Policy, vol 56. Springer, Cham. - 9783319557700 ; , s. 43-67
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Book chapter (other academic/artistic)abstract
- A 600 MW offshore wind farm is under construction in the Netherlands Exclusive Economic Zone at a site called Gemini situated 55 km north of the Wadden Sea island of Schiermonnikoog and 85 km from the nearest Dutch port ofEemshaven. This chapter investigates the option of introducing a multi-use design for the Gemini site by adding mussel cultivation (48 kt wet weight per year) andseaweed cultivation (480 kt wet weight per year) to the wind farm. An institutional analysis indicates a political will in the Netherlands to support the development ofadding uses to offshore wind farms, but a number of implementation obstacles are also identified. Those obstacles include an absence of licences for multi-use production and legal restrictions against third-party access to wind farms. There istherefore a need for a regulatory framework for multi-use and trust-building amongactors involved in multi-use installations. A financial and economic assessment,and a cost-benefit analysis also taking into account monetized changes in CO2 emissions, indicate that adding mussel cultivation to the wind farm is likely to be both financially and socio-economically viable. Including a seaweed cultivation function is probably not financially and socio-economically viable under currenttechnical and economic conditions. Knowledge gaps and uncertainties in these assessments with respect to, for example, missing site-specific data and non-monetizedexternalities suggest further research, also including pilot cultivations of mussels and seaweed in planned single-use or multi-use installations.
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