Private incentives for the emergence of co-production of offshore wind energy and mussel aquaculture


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Gesche.Krause [ at ] awi.de

Abstract

Technological solutions to increase the efficiency of spatial use can play a key role as part of the toolbox of marine spatial planning. Co-locating of multiple ocean uses can potentially increase the production and enjoyment of the ocean while limiting impacts. However, a basic precondition for co-locating or coproduction is that all parties' private incentives are aligned. We use a case study of co-locating an offshore wind energy firm and a mussel aquaculture firm to assess the incentive structure for cooperation and to demonstrate that social benefits from co-locating exist. We find that there is room for cooperation between firms based on potential cost sharing and that the demonstrated social benefits may arise without government intervention.



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ISI/Scopus peer-reviewed
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Published
Eprint ID
36653
DOI 10.1016/j.aquaculture.2014.10.035

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Griffin, R. M. , Buck, B. H. and Krause, G. (2015): Private incentives for the emergence of co-production of offshore wind energy and mussel aquaculture , Aquaculture, 436 , pp. 80-89 . doi: 10.1016/j.aquaculture.2014.10.035


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