H. Bartelings

The economic feasibility of seaweed production in the North Sea

ABSTRACT Seaweeds are increasingly seen as an alternative to land-grown products in food and feed applications. Interest in production of seaweeds in temperate waters is rising, in particular in combination with offshore wind energy generation. This article reports an investigation of the economic feasibility of seaweed production in the North Sea using economic modelling. Often, an overly positive picture of the costs and benefits of seaweed production is sketched. Based on current available information, offshore seaweed production in the North Sea is not economically feasible. Sensitivity analysis shows that revenues would have to increase by roughly 300%, all other things equal, to make a profit. A number of opportunities to improve the economic feasibility of a North Sea seaweed value chain are identified. Technical innovation and the design of systems that enable multiple harvests per year can reduce production costs. Successful marketing of seaweed as human food, and the development of biorefinery concepts can increase the value of the produced seaweed.

Bio-economic modelling for marine spatial planning application in North Sea shrimp and flatfish fisheries

Marine activities have been increasingly competing for space and reducing areas for fishing. The use of spatially explicit tools can assist the decision making process on defining the optimal location of closures for fishing due to these emerging activities.This paper presents the Spatial Integrated bio-economic Model for FISHeries (SIMFISH). In this model fishers behaviour is simulated based on optimal effort allocation. The added value of this model compared to other existing spatial management tools lies in the presence of (i) short and long term fishers behaviour (ii) spatial explicit stock and fleet dynamics and (iii) relatively low data requirements.As an illustration, SIMFISH is applied in this paper to estimate the impact of area closures in the North Sea. Overall area closures have a negative impact on the profitability of the fleets. This would be worsened with higher fuel prices and decreased stock productivity. We present a spatial explicit bio-economic model to assess impact of area closure on fisheries.The model was applied in a case study to analyse how area closures in the North Sea impact shrimp and flatfish fisheries.The possibility of fleets to go fishing in other areas play a major role in determining the impact of area closures.This fleet flexibility is majorly impacted by higher fuel prices and stock productivity.