EnAlgae project publishes economic model for offshore cultivation of macroalgae

Researchers from the Swansea University led EnAlgae project have published an economic model to help to explore the economics of cultivating macroalgae at sea.

The model and report can be found here as outputs WP2A7.06 and WP2A7.11 and are free to download.  Both documents together are a study into the business economics behind growing seaweed at sea.

The EnAlgae project would welcome any feedback on the model and report’s content, which can be sent toinfo@enalgae.eu.

“The report and model have been compiled by our colleagues at Wageningen UR in collaboration with colleagues at University of Ireland Galway, Queen’s University Belfast, CEVA in Brittany and ourselves here in Swansea,” said EnAlgae project coordinator Dr Shaun Richardson, who is based within Swansea's College of Science.

“All the information gained from their research will now be incorporated into our Decision Support Tool which will be released later this year.”

The Swansea University led EnAlgae project is funded by the European Union under the INTERREG IVB North West Europe programme. EnAlgae unites experts and observers from seven EU member states to determine the potential benefits of algae as a future sustainable energy source.

For more information visit www.enalgae.eu.