Assessment Framework to Determine the Economic Feasibility of Multi-use Platforms
- Publication
- Citation
Araujo, Ariel et al. 2021: Assessment Framework to Determine the Economic Feasibility of Multi-use Platforms. Deliverable 3.2 of the Horizon 2020 project "Multi-use Offshore Platforms Demonstrators for Boosting Cost-effective and Eco-friendly Production in Sustainable Marine Activities" (UNITED).
This UNITED report provides an economic assessment framework aimed at guiding the evaluation of multi-use platforms in European seas. It focuses on assessing financial costs, revenues, and the economic efficiency of integrating various maritime activities. The goal is to understand the viability and added value of combining different uses, such as aquaculture, renewable energy, and tourism, within the same marine space, emphasizing sustainability and economic growth.
Evaluation of economic efficiency
The report presents a comprehensive evaluation scheme to determine the economic viability of multi-use platforms. Both direct and indirect costs and benefits are analyzed to draw conclusions of multiuse combinations against single uses scenarios. This approach enables stakeholders to understand the economic implications of different combinations of uses in the maritime space.
Generating revenue and cost savings
The focus is on identifying sources of revenue and potential savings through the synergetic use of maritime areas. The report looks at how the combination of activities such as renewable energies, aquaculture and tourism can not only increase profitability, but also reduce operating costs.
Sustainability and growth potential
Sustainability is a central theme in the economic assessment. The report emphasizes how multi-use platforms can contribute to environmental preservation and social welfare. It also highlights the potential of these platforms to promote a more sustainable and economically viable use of ocean resources.
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