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


Diaz Simal P., Torres Ortega S., Bas B., Elginöz Kanat N. , Guanche Garcia R., del Jesus F., ...More

OCEAN OF TOMORROW: INVESTMENT ASSESSMENT OF MULTI-USE OFFSHORE PLATFORMS: METHODOLOGY AND APPLICATIONS - VOL 1, vol.56, pp.69-84, 2017 (Refereed Journals of Other Institutions) identifier

  • Publication Type: Article / Article
  • Volume: 56
  • Publication Date: 2017
  • Doi Number: 10.1007/978-3-319-55772-4_5
  • Title of Journal : OCEAN OF TOMORROW: INVESTMENT ASSESSMENT OF MULTI-USE OFFSHORE PLATFORMS: METHODOLOGY AND APPLICATIONS - VOL 1
  • Page Numbers: pp.69-84

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.