Published January 30, 2023 | Version v1

CS2 - Offshore macroalgae cultivation socio-economic assessment in the Faroe Islands 2022

  • 1. Blue Resource - Sjókovin

Description

The dataset contains a socio-economic analysis based on the operation of a macroalgae farm in the Faroe Islands. The production system used in the Faroe Islands has the potential to operate offshore, increased production volumes of biomass and allow for the growth of the macroalgae industry in the Atlantic. The socio-economic calculations include employment generation, gross value added and ripple effects of macroalgae production, at two scenarios of scaled up production, first the sustainable farm size and to the maximum exploitation capacity in the Faroes coastline.

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Funding

European Commission
AquaVitae - New species, processes and products contributing to increased production and improved sustainability in emerging low trophic, and existing low and high trophic aquaculture value chains in the Atlantic 818173