Business case for mussel aquaculture in offshore wind farms in the North Sea

S.W.K. van den Burg*, P. Kamermans, M. Blanch, D. Pletsas, M. Poelman, K. Soma, G. Dalton

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

27 Citations (Scopus)

Abstract

The European Blue Growth strategy aims to expand the new maritime sectors of aquaculture, energy, biotechnology, coastal tourism and mineral mining. Growth of these sectors will increases pressure on the seas, particularly on those areas that are densely used by traditional sectors such as fisheries and transport. This has triggered interest in developing multiuse of space and multiuse platforms at sea. This paper assesses the feasibility of offshore mussel production project in wind farms by design and ex-ante evaluation of a mussel aquaculture system in the North Sea. A system for mussel cultivation in the Dutch Borssele offshore wind farm was designed, producing both mussel seed and consumption-sized mussels with semi-submerged longlines. Based on the economic model and the risk assessment, this paper concludes that mussel aquaculture is an appealing commercial model for increased returns in offshore wind farms. The economic models shows that the internal rate of return and net present value are positive and based on the sensitivity analysis, it can be concluded that these results are robust.

Original languageEnglish
Pages (from-to)1-7
JournalMarine Policy
Volume85
DOIs
Publication statusPublished - 1 Nov 2017

Keywords

  • Aquaculture
  • Business case
  • Mussels
  • Offshore wind
  • Risk assessment

Fingerprint

Dive into the research topics of 'Business case for mussel aquaculture in offshore wind farms in the North Sea'. Together they form a unique fingerprint.

Cite this