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	<title>Ocean Energy Archives | Ocean 14 Capital Limited</title>
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	<description>Transforming the blue economy</description>
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		<title>First floating solar seaweed farm shows future for mixed offshore developments</title>
		<link>https://ocean14capital.com/2021/01/06/first-floating-solar-seaweed-farm-shows-future-for-mixed-offshore-developments/</link>
					<comments>https://ocean14capital.com/2021/01/06/first-floating-solar-seaweed-farm-shows-future-for-mixed-offshore-developments/#respond</comments>
		
		<dc:creator><![CDATA[Hannah]]></dc:creator>
		<pubDate>Wed, 06 Jan 2021 13:46:00 +0000</pubDate>
				<category><![CDATA[Blogs]]></category>
		<category><![CDATA[Ocean Energy]]></category>
		<category><![CDATA[Seaweed]]></category>
		<category><![CDATA[Seaweed Farming]]></category>
		<category><![CDATA[Aquaculture]]></category>
		<guid isPermaLink="false">https://ocean14capital.com/2023/07/13/eu-launches-blue-economy-sustainability-plan-copy/</guid>

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                    <p id="viewer-a4fon" class="xVISr Y9Dpf bCMSCT OZy-3 lnyWN yMZv8w bCMSCT public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="B2EFF public-DraftStyleDefault-ltr"><strong>What’s happening?</strong> An Oceans of Energy development off the coast of the Netherlands has become the first aquaculture project powered by floating solar technology. The 50KW PV-powered plant, developed in collaboration with the Seaweed Company, extends across six square kilometres and builds on the Zon-op-Zee pilot which ran in 2019. The seaweed farm is part of the European H2020 United project designed to encourage “sustainable and multi-use offshore systems” in EU waters. </span></p>
<p class="xVISr Y9Dpf bCMSCT OZy-3 lnyWN yMZv8w bCMSCT public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="B2EFF public-DraftStyleDefault-ltr"><strong>Why does this matter? </strong>Growing at <a class="TWoY9 itht3" href="https://www.worldfishing.net/news101/fish-farming/new-500-tonne-seaweed-farm-in-norway" target="_blank" rel="noopener noreferrer noopener" data-hook="linkViewer">8% a year</a>, the seaweed market is gaining interest globally and expanding rapidly in areas including the US and Europe due to potential applications in several sectors. </span></p>
<p class="xVISr Y9Dpf bCMSCT OZy-3 lnyWN yMZv8w bCMSCT public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="B2EFF public-DraftStyleDefault-ltr">The Oceans of Energy multi-use offshore development utilises space in between its photovoltaic (PV) panels to grow seaweed, which is collected by the Cultivator – an offshore harvesting machine that is expected to <a class="TWoY9 itht3" href="https://oceansofenergy.blue/2020/12/02/solar-energy-and-sea-weed-together-at-sea-for-the-first-time/" target="_blank" rel="noopener noreferrer noopener" data-hook="linkViewer">produce</a> around 15,000 kg of seaweed, which would absorb around 1.8 mt of CO2. The high-wave floating PV panels powering the farm are built for stormy conditions, and can operate under 13-meter-high waves. </span></p>
<p class="xVISr Y9Dpf bCMSCT OZy-3 lnyWN yMZv8w bCMSCT public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="B2EFF public-DraftStyleDefault-ltr">Other multi-use offshore developments are being explored in European waters. The European Union’s <a class="TWoY9 itht3" href="https://www.h2020united.eu/services-mobile" target="_blank" rel="noopener noreferrer noopener" data-hook="linkViewer">H2020 United</a> Programme, which supports the Oceans of Energy project and which launched last year, aims to demonstrate the viability and advantages of combining offshore energy projects with aquaculture or tourism, through five real-life pilot applications. <a class="TWoY9 itht3" href="https://www.h2020united.eu/pilots/2-uncategorised/42-offshore-wind-and-flat-oyster-aquaculture-restoration-in-belgium" target="_blank" rel="noopener noreferrer noopener" data-hook="linkViewer">Other</a> pilot sites supported by the project include flat oyster bed restoration and seaweed cultivation at an offshore farm operated by Parkwind in Belgian waters. The aquaculture of flat oysters is expected to aid the restoration and growth of natural oyster reefs, which will be encouraged by the scour material used around the wind turbine foundations. </span></p>
<p class="xVISr Y9Dpf bCMSCT OZy-3 lnyWN yMZv8w bCMSCT public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="B2EFF public-DraftStyleDefault-ltr">Elsewhere, Dutch firm Van Oord has planned to <a class="TWoY9 itht3" href="https://app.curationcorp.com/story/40711277-153B-4791-9814-FB6EC58E64BA" target="_blank" rel="noopener noreferrer noopener" data-hook="linkViewer">install</a> eight oyster reef structures at the Borssele offshore wind farm as part of a project designed to revive oyster populations and marine biodiversity in the North Sea.</span></p>
<p class="xVISr Y9Dpf bCMSCT OZy-3 lnyWN yMZv8w bCMSCT public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="B2EFF public-DraftStyleDefault-ltr">Co-locating aquaculture developments, such as seaweed farming, with offshore projects can prove to be <a class="TWoY9 itht3" href="https://app.curationcorp.com/story/D1852354-7EBB-48D7-A770-7E1AFD7A0B67" target="_blank" rel="noopener noreferrer noopener" data-hook="linkViewer">economically beneficial</a> by taking advantage of unused marine spaces, and can also provide affordable access to food, energy and jobs to remote communities. </span></p>
<p class="xVISr Y9Dpf bCMSCT OZy-3 lnyWN yMZv8w bCMSCT public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="B2EFF public-DraftStyleDefault-ltr">There are many potential uses for algae alongside human consumption. These include reducing emissions from livestock – firms such as Australia’s FutureFeed are looking to <a class="TWoY9 itht3" href="https://app.curationcorp.com/story/C8D39127-0C61-4F35-AB2C-134F58B31F98" target="_blank" rel="noopener noreferrer noopener" data-hook="linkViewer">commercialise</a> an Asparagopsis seaweed-based livestock feed additive, which successfully reduced methane emissions from cattle by over 80% in trials. Seaweed is being developed into <a class="TWoY9 itht3" href="https://app.curationcorp.com/story/CAD34C8B-5D1F-4C8A-9D44-1FBC36AD2CAB" target="_blank" rel="noopener noreferrer noopener" data-hook="linkViewer">biodegradable packaging</a> by Oceanium for food products as a plastic alternative. Meanwhile in the UK, researchers from the University of Liverpool are investigating the <a class="TWoY9 itht3" href="https://app.curationcorp.com/story/BE53698B-7EAB-4AC1-B25F-FED7E2D2C86C" target="_blank" rel="noopener noreferrer noopener" data-hook="linkViewer">anti-viral qualities</a> of seaweed and future uses in sustainable disinfectant products, while researchers from the University of Exeter and Bath have <a class="TWoY9 itht3" href="https://app.curationcorp.com/story/43E25042-C850-42F2-BE69-2816EA38665B" target="_blank" rel="noopener noreferrer noopener" data-hook="linkViewer">converted</a> the invasive seaweed Sargassum into bio-oil. </span></p>
<p class="xVISr Y9Dpf bCMSCT OZy-3 lnyWN yMZv8w bCMSCT public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="B2EFF public-DraftStyleDefault-ltr">From a market perspective, the future of these sea plants looks promising. The <a class="TWoY9 itht3" href="https://app.curationcorp.com/story/882B25EB-2D97-4762-8F42-E2F124D2B7B9" target="_blank" rel="noopener noreferrer noopener" data-hook="linkViewer">European seaweed</a> market is forecast to be worth €9bn ($11bn) by 2030 – and regenerative seaweed farming can play a possible role in a green post-pandemic recovery as well as in the European Green Deal. In <a class="TWoY9 itht3" href="https://app.curationcorp.com/story/4D91F20E-94F5-4D9A-B0A9-F0FD7A58FBDD" target="_blank" rel="noopener noreferrer noopener" data-hook="linkViewer">Australia</a>, the industry could be worth AUD 1.5bn ($1.2bn) by 2040. The private sector is also taking an interest – a WWF’s seaweed farming project received a <a class="TWoY9 itht3" href="https://app.curationcorp.com/story/66544DD0-BE3F-4E4D-B923-27A826166DB6" target="_blank" rel="noopener noreferrer noopener" data-hook="linkViewer">$100m grant</a> late last year from Jeff Bezos’ $10bn Earth Fund in recognition of its environmental benefits. </span></p>
<p class="xVISr Y9Dpf bCMSCT OZy-3 lnyWN yMZv8w bCMSCT public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="B2EFF public-DraftStyleDefault-ltr">It&#8217;s important however this growth comes with checks to make sure there are no adverse consequences to the wider marine environment – the ecological consequences of large offshore seaweed farms are still <a class="TWoY9 itht3" href="https://www.scientificamerican.com/article/could-our-energy-come-from-giant-seaweed-farms-in-the-ocean/" target="_blank" rel="noopener noreferrer noopener" data-hook="linkViewer">relatively unknown</a>.</span></p>
<p id="viewer-5vdm7" class="xVISr Y9Dpf bCMSCT OZy-3 lnyWN yMZv8w bCMSCT public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="B2EFF public-DraftStyleDefault-ltr">Source: Recharge</span></p>
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