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An Integrated Approach for Sustainable Environmental and Socio-Economic Development Using Offshore Infrastructure

An Integrated Approach for Sustainable Environmental and Socio-Economic Development Using Offshore Infrastructure
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Author(s): Phoebe Koundouri (Athens University of Economics and Business, Greece & London School of Economics, UK & International Centre for Research on the Environment and the Economy, Greece), Amerissa Giannouli (Athens University of Economics and Business, Greece & International Centre for Research on the Environment and the Economy, Greece)and Ioannis Souliotis (Centre for Environmental Policy, Imperial College London, UK & International Centre for Research on the Environment and the Economy, Greece)
Copyright: 2017
Pages: 21
Source title: Renewable and Alternative Energy: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-1671-2.ch056

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Abstract

Seas and oceans offer a vast renewable energy resource and production possibilities with great potential for innovation and growth. Multi-purpose offshore platforms are ocean energy and aquaculture synergies developed in order to achieve efficient use of marine space. Regarding the construction and operation of such infrastructures, environmental and socio-economic benefits should be taken into account. This chapter uses the Ecosystem Services approach and the total economic framework for evaluating different designs of multi-purpose offshore platforms and a participatory approach to ensure their public acceptability.

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