Lago, Manuel and Youssef Zaiter 2023: German Pilot. M3.1 Business Brief of the Horizon 2020 project "Multi-use Offshore Platforms Demonstrators for Boosting Cost-effective and Eco-friendly Production in Sustainable Marine Activities" (UNITED).
The pilot project in the German North Sea explores the possibilities of multi-use in the North Sea, in particular the combination of offshore wind energy and aquaculture, in order to explore new ways of using the sea sustainably. The project objectives are to develop, operate and evaluate an offshore demonstration aquaculture farm with mussels and macroalgae at the FINO3 research platform.
Legal and environmental factors: Challenges and opportunities
This UNITED project business brief discusses the legal framework and environmental impacts of the project, including the laws and regulations that apply to offshore installations in the German Exclusive Economic Zone (EEZ). The high level of technology maturity and the specific legal requirements in Germany form the basis for the implementation of the project and demonstrate the complexity of offshore activities.
Economic perspectives and SWOT analysis
A comprehensive business analysis, including the application of the Business Model Canvas method and a SWOT analysis, sheds light on the economic prospects of the project. Possible synergies and cost savings that could result from the combination of offshore wind energy and aquaculture are discussed, as well as the challenges and opportunities arising from this multi-use configuration.