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

Author

Listed:
  • 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

    (Athens University of Economics and Business)

  • Peter A. Xepapadeas
  • Anastasios Xepapadeas

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.

Suggested Citation

  • 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 Tsan, 2017. "Socio-economic Assessment of a Selected Multi-use Offshore Site in the Atlantic," DEOS Working Papers 1716, Athens University of Economics and Business.
    • Handle: RePEc:aue:wpaper:1716
    as

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    References listed on IDEAS

    as
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