Socio-economic Assessment of a Selected Multi-use Offshore Site in the Atlantic

Pedro Diaz Simal, Saul Torres Ortega, Bilge Bas, Nilay Elginoz, Raul Guanche Garcia, Fernando Del-Jesus, Elias Giannakis, Amerissa Giannouli, Phoebe Koundouri, Aris Moussoulides, Stella Tsani, Peter A. Xepapadeas and Anastasios Xepapadeas

No 1716, DEOS Working Papers from Athens University of Economics and Business

Abstract: This chapter presents the results obtained from the analysis of the multi-use design for the Cantabria Offshore site in the Atlantic coast. The analysis shows that the technology exists. Nevertheless at the present the profitability of potential business is still uncertain. The reliability of the activity as a self-sustained business relies on the existence of a stable regulatory framework, on the availability of financial support from the state and on the relaxation of the regulatory barriers existing in the industry. Likewise ocean energy industry is far from been socially accepted in the region. The socio-economic analysis suggests that the multi-use scenario can be profitable.

Keywords: Multi-use offshore platforms; Marine infrastructure; Socio-economic analysis; Environmental analysis; Marine spatial planning; Atlantic (search for similar items in EconPapers)
Date: 2017-12-30
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