Projects per year
The North Sea Farm Foundation pioneers seaweed cultivation in the North Sea. This project addresses the economic prospects of up-scaled production of seaweed, looking at production costs only. Scenarios for future large-scale seaweed production are formulated and evaluated using the EnAlgae economic model. Additionally, Monte Carlo analysis is performed. Based on the findings, we conclude that a significant cost reduction seems possible, with expected cost prices down to €1,200 per ton DM. If all goes well, relatively low-value markets such as the alginate market are within reach. More realistically, a mix of low- and medium-value markets is needed to cover the costs of seaweed production in the North Sea. Current developments show that these markets exist; especially in the food market where seaweeds can be promoted as organic, sustainable and fair trade.
|Place of Publication||Wageningen|
|Publisher||Wageningen Economic Research|
|Number of pages||19|
|Publication status||Published - 2019|
|Name||Wageningen Economic Research momorandum|
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- 1 Finished
AF16202 Seaweed for food and feed (BO-59-006-001, BO-47-001-001, BO-31.03-011-003)
1/01/17 → 31/12/22