Methodology for integrated socio-economic assessment of offshore platforms: towards facilitation of the implementation of the marine strategy framework directive

P. Koundouri, O.G. Dávila, M. Stithou, V. Babalos, A. Xepapadeas, I. Anastasiou, A. Antypas, N. Kourogenis, A. Mousoulides, M. Mousoulidou, N. Ahrensberg, B. Zanuttigh, F. Zagonari, M.A. Lange, C. Jimenez, E. Charalambous, L. Rosen, A. Lindhe, J. Norrman, T. Norberg & 19 others T. Söderqvist, A. Pedersen, D. Troianos, A. Frentzos, Y. Krontira, I.J. Losada, P. Diaz-Simal, R. Guanche, M. de Bel, W. He, S. Kabdasli, N. Elginöz, Elif Oguz, T. Bagci, B. Bas, M. Cantu, M. Masotti, R. Suffredini, M. Stuiver

Research output: Working paper

Abstract

In this paper a Methodology for Integrated Socio-Economic Assessment (MISEA) of the viability and sustainability of different designs of Multi-Use Offshore Platforms (MUOPs) is presented. MUOPs are designed for multi-use of ocean space for energy extraction (wind power production and wave energy), aquaculture and transport maritime services. The developed methodology allows identification, valuation and assessment of: the potential range of impacts of a number of feasible designs of MUOP investments, and the likely responses of those impacted by the investment project. This methodology provides decision-makers with a valuable decision tool to assess whether a MUOP project increases the overall social welfare and hence should be undertaken, under alternative specifications regarding its design, the discount rate and the stream of net benefits, if a Cost-Benefit Analysis (CBA) is to be followed or sensitivity analysis of selected criteria in a Multi-Criteria Decision Analysis (MCDA) framework. Such a methodology is also crucial for facilitating of the implementation of the Marine Strategy Framework Directive (MSFD adopted in June 2008) that aims to achieve good environmental status of the EU's marine waters by 2020 and to protect the resource base upon which marine-related economic and social activities depend. According to the MSFD each member state must draw up a program of cost-effective measures, while prior to any new measure an impact assessment which contains a detailed cost-benefit analysis of the proposed measures is required.
LanguageEnglish
Place of PublicationAthens
Pages1-22
Number of pages22
Publication statusPublished - 19 Feb 2013

Publication series

NameDEOS Working Papers
PublisherAthens University of Economics and Business
No.1304

Fingerprint

Cost benefit analysis
Economics
Aquaculture
Decision theory
Wind power
Sensitivity analysis
Sustainable development
Specifications
Costs
Water

Keywords

  • multi-use offshore platforms
  • integrated socio-economic assessment
  • marine strategy framework directive
  • program of measures
  • cost-benefit analysis

Cite this

Koundouri, P., Dávila, O. G., Stithou, M., Babalos, V., Xepapadeas, A., Anastasiou, I., ... Stuiver, M. (2013). Methodology for integrated socio-economic assessment of offshore platforms: towards facilitation of the implementation of the marine strategy framework directive. (pp. 1-22). (DEOS Working Papers; No. 1304). Athens.
Koundouri, P. ; Dávila, O.G. ; Stithou, M. ; Babalos, V. ; Xepapadeas, A. ; Anastasiou, I. ; Antypas, A. ; Kourogenis, N. ; Mousoulides, A. ; Mousoulidou, M. ; Ahrensberg, N. ; Zanuttigh, B. ; Zagonari, F. ; Lange, M.A. ; Jimenez, C. ; Charalambous, E. ; Rosen, L. ; Lindhe, A. ; Norrman, J. ; Norberg, T. ; Söderqvist, T. ; Pedersen, A. ; Troianos, D. ; Frentzos, A. ; Krontira, Y. ; Losada, I.J. ; Diaz-Simal, P. ; Guanche, R. ; de Bel, M. ; He, W. ; Kabdasli, S. ; Elginöz, N. ; Oguz, Elif ; Bagci, T. ; Bas, B. ; Cantu, M. ; Masotti, M. ; Suffredini, R. ; Stuiver, M. / Methodology for integrated socio-economic assessment of offshore platforms : towards facilitation of the implementation of the marine strategy framework directive. Athens, 2013. pp. 1-22 (DEOS Working Papers; 1304).
@techreport{ca0b38c6744c4fc084f000ef3bfbcaa6,
title = "Methodology for integrated socio-economic assessment of offshore platforms: towards facilitation of the implementation of the marine strategy framework directive",
abstract = "In this paper a Methodology for Integrated Socio-Economic Assessment (MISEA) of the viability and sustainability of different designs of Multi-Use Offshore Platforms (MUOPs) is presented. MUOPs are designed for multi-use of ocean space for energy extraction (wind power production and wave energy), aquaculture and transport maritime services. The developed methodology allows identification, valuation and assessment of: the potential range of impacts of a number of feasible designs of MUOP investments, and the likely responses of those impacted by the investment project. This methodology provides decision-makers with a valuable decision tool to assess whether a MUOP project increases the overall social welfare and hence should be undertaken, under alternative specifications regarding its design, the discount rate and the stream of net benefits, if a Cost-Benefit Analysis (CBA) is to be followed or sensitivity analysis of selected criteria in a Multi-Criteria Decision Analysis (MCDA) framework. Such a methodology is also crucial for facilitating of the implementation of the Marine Strategy Framework Directive (MSFD adopted in June 2008) that aims to achieve good environmental status of the EU's marine waters by 2020 and to protect the resource base upon which marine-related economic and social activities depend. According to the MSFD each member state must draw up a program of cost-effective measures, while prior to any new measure an impact assessment which contains a detailed cost-benefit analysis of the proposed measures is required.",
keywords = "multi-use offshore platforms, integrated socio-economic assessment, marine strategy framework directive, program of measures, cost-benefit analysis",
author = "P. Koundouri and O.G. D{\'a}vila and M. Stithou and V. Babalos and A. Xepapadeas and I. Anastasiou and A. Antypas and N. Kourogenis and A. Mousoulides and M. Mousoulidou and N. Ahrensberg and B. Zanuttigh and F. Zagonari and M.A. Lange and C. Jimenez and E. Charalambous and L. Rosen and A. Lindhe and J. Norrman and T. Norberg and T. S{\"o}derqvist and A. Pedersen and D. Troianos and A. Frentzos and Y. Krontira and I.J. Losada and P. Diaz-Simal and R. Guanche and {de Bel}, M. and W. He and S. Kabdasli and N. Elgin{\"o}z and Elif Oguz and T. Bagci and B. Bas and M. Cantu and M. Masotti and R. Suffredini and M. Stuiver",
year = "2013",
month = "2",
day = "19",
language = "English",
series = "DEOS Working Papers",
publisher = "Athens University of Economics and Business",
number = "1304",
pages = "1--22",
type = "WorkingPaper",
institution = "Athens University of Economics and Business",

}

Koundouri, P, Dávila, OG, Stithou, M, Babalos, V, Xepapadeas, A, Anastasiou, I, Antypas, A, Kourogenis, N, Mousoulides, A, Mousoulidou, M, Ahrensberg, N, Zanuttigh, B, Zagonari, F, Lange, MA, Jimenez, C, Charalambous, E, Rosen, L, Lindhe, A, Norrman, J, Norberg, T, Söderqvist, T, Pedersen, A, Troianos, D, Frentzos, A, Krontira, Y, Losada, IJ, Diaz-Simal, P, Guanche, R, de Bel, M, He, W, Kabdasli, S, Elginöz, N, Oguz, E, Bagci, T, Bas, B, Cantu, M, Masotti, M, Suffredini, R & Stuiver, M 2013 'Methodology for integrated socio-economic assessment of offshore platforms: towards facilitation of the implementation of the marine strategy framework directive' DEOS Working Papers, no. 1304, Athens, pp. 1-22.

Methodology for integrated socio-economic assessment of offshore platforms : towards facilitation of the implementation of the marine strategy framework directive. / Koundouri, P.; Dávila, O.G.; Stithou, M.; Babalos, V.; Xepapadeas, A.; Anastasiou, I.; Antypas, A.; Kourogenis, N.; Mousoulides, A.; Mousoulidou, M.; Ahrensberg, N.; Zanuttigh, B.; Zagonari, F.; Lange, M.A.; Jimenez, C.; Charalambous, E.; Rosen, L.; Lindhe, A.; Norrman, J.; Norberg, T.; Söderqvist, T.; Pedersen, A.; Troianos, D.; Frentzos, A.; Krontira, Y.; Losada, I.J.; Diaz-Simal, P.; Guanche, R.; de Bel, M.; He, W.; Kabdasli, S.; Elginöz, N.; Oguz, Elif; Bagci, T.; Bas, B.; Cantu, M.; Masotti, M.; Suffredini, R.; Stuiver, M.

Athens, 2013. p. 1-22 (DEOS Working Papers; No. 1304).

Research output: Working paper

TY - UNPB

T1 - Methodology for integrated socio-economic assessment of offshore platforms

T2 - towards facilitation of the implementation of the marine strategy framework directive

AU - Koundouri, P.

AU - Dávila, O.G.

AU - Stithou, M.

AU - Babalos, V.

AU - Xepapadeas, A.

AU - Anastasiou, I.

AU - Antypas, A.

AU - Kourogenis, N.

AU - Mousoulides, A.

AU - Mousoulidou, M.

AU - Ahrensberg, N.

AU - Zanuttigh, B.

AU - Zagonari, F.

AU - Lange, M.A.

AU - Jimenez, C.

AU - Charalambous, E.

AU - Rosen, L.

AU - Lindhe, A.

AU - Norrman, J.

AU - Norberg, T.

AU - Söderqvist, T.

AU - Pedersen, A.

AU - Troianos, D.

AU - Frentzos, A.

AU - Krontira, Y.

AU - Losada, I.J.

AU - Diaz-Simal, P.

AU - Guanche, R.

AU - de Bel, M.

AU - He, W.

AU - Kabdasli, S.

AU - Elginöz, N.

AU - Oguz, Elif

AU - Bagci, T.

AU - Bas, B.

AU - Cantu, M.

AU - Masotti, M.

AU - Suffredini, R.

AU - Stuiver, M.

PY - 2013/2/19

Y1 - 2013/2/19

N2 - In this paper a Methodology for Integrated Socio-Economic Assessment (MISEA) of the viability and sustainability of different designs of Multi-Use Offshore Platforms (MUOPs) is presented. MUOPs are designed for multi-use of ocean space for energy extraction (wind power production and wave energy), aquaculture and transport maritime services. The developed methodology allows identification, valuation and assessment of: the potential range of impacts of a number of feasible designs of MUOP investments, and the likely responses of those impacted by the investment project. This methodology provides decision-makers with a valuable decision tool to assess whether a MUOP project increases the overall social welfare and hence should be undertaken, under alternative specifications regarding its design, the discount rate and the stream of net benefits, if a Cost-Benefit Analysis (CBA) is to be followed or sensitivity analysis of selected criteria in a Multi-Criteria Decision Analysis (MCDA) framework. Such a methodology is also crucial for facilitating of the implementation of the Marine Strategy Framework Directive (MSFD adopted in June 2008) that aims to achieve good environmental status of the EU's marine waters by 2020 and to protect the resource base upon which marine-related economic and social activities depend. According to the MSFD each member state must draw up a program of cost-effective measures, while prior to any new measure an impact assessment which contains a detailed cost-benefit analysis of the proposed measures is required.

AB - In this paper a Methodology for Integrated Socio-Economic Assessment (MISEA) of the viability and sustainability of different designs of Multi-Use Offshore Platforms (MUOPs) is presented. MUOPs are designed for multi-use of ocean space for energy extraction (wind power production and wave energy), aquaculture and transport maritime services. The developed methodology allows identification, valuation and assessment of: the potential range of impacts of a number of feasible designs of MUOP investments, and the likely responses of those impacted by the investment project. This methodology provides decision-makers with a valuable decision tool to assess whether a MUOP project increases the overall social welfare and hence should be undertaken, under alternative specifications regarding its design, the discount rate and the stream of net benefits, if a Cost-Benefit Analysis (CBA) is to be followed or sensitivity analysis of selected criteria in a Multi-Criteria Decision Analysis (MCDA) framework. Such a methodology is also crucial for facilitating of the implementation of the Marine Strategy Framework Directive (MSFD adopted in June 2008) that aims to achieve good environmental status of the EU's marine waters by 2020 and to protect the resource base upon which marine-related economic and social activities depend. According to the MSFD each member state must draw up a program of cost-effective measures, while prior to any new measure an impact assessment which contains a detailed cost-benefit analysis of the proposed measures is required.

KW - multi-use offshore platforms

KW - integrated socio-economic assessment

KW - marine strategy framework directive

KW - program of measures

KW - cost-benefit analysis

UR - http://econpapers.repec.org/paper/auewpaper

UR - http://econpapers.repec.org/paper/auewpaper/1304.htm

M3 - Working paper

T3 - DEOS Working Papers

SP - 1

EP - 22

BT - Methodology for integrated socio-economic assessment of offshore platforms

CY - Athens

ER -

Koundouri P, Dávila OG, Stithou M, Babalos V, Xepapadeas A, Anastasiou I et al. Methodology for integrated socio-economic assessment of offshore platforms: towards facilitation of the implementation of the marine strategy framework directive. Athens. 2013 Feb 19, p. 1-22. (DEOS Working Papers; 1304).