Socioeconomic prospects of a seaweed bioeconomy in Sweden

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Socioeconomic prospects of a seaweed bioeconomy in Sweden. / Hasselström, Linus; Thomas, Jean Baptiste; Nordström, Jonas; Cervin, Gunnar; Nylund, Göran M.; Pavia, Henrik; Gröndahl, Fredrik.

In: Scientific Reports, Vol. 10, 1610, 2020.

Research output: Contribution to journalJournal articlepeer-review

Harvard

Hasselström, L, Thomas, JB, Nordström, J, Cervin, G, Nylund, GM, Pavia, H & Gröndahl, F 2020, 'Socioeconomic prospects of a seaweed bioeconomy in Sweden', Scientific Reports, vol. 10, 1610. https://doi.org/10.1038/s41598-020-58389-6

APA

Hasselström, L., Thomas, J. B., Nordström, J., Cervin, G., Nylund, G. M., Pavia, H., & Gröndahl, F. (2020). Socioeconomic prospects of a seaweed bioeconomy in Sweden. Scientific Reports, 10, [1610]. https://doi.org/10.1038/s41598-020-58389-6

Vancouver

Hasselström L, Thomas JB, Nordström J, Cervin G, Nylund GM, Pavia H et al. Socioeconomic prospects of a seaweed bioeconomy in Sweden. Scientific Reports. 2020;10. 1610. https://doi.org/10.1038/s41598-020-58389-6

Author

Hasselström, Linus ; Thomas, Jean Baptiste ; Nordström, Jonas ; Cervin, Gunnar ; Nylund, Göran M. ; Pavia, Henrik ; Gröndahl, Fredrik. / Socioeconomic prospects of a seaweed bioeconomy in Sweden. In: Scientific Reports. 2020 ; Vol. 10.

Bibtex

@article{44f97812b90244c59196e1b139fd8fe2,
title = "Socioeconomic prospects of a seaweed bioeconomy in Sweden",
abstract = "Seaweed cultivation is a large industry worldwide, but production in Europe is small compared to production in Asian countries. In the EU, the motivations for seaweed farming may be seen from two perspectives; one being economic growth through biomass production and the other being the provisioning of ecosystem services such as mitigating eutrophication. In this paper, we assess the economic potential of large-scale cultivation of kelp, Saccharina latissima, along the Swedish west coast, including the value of externalities. The findings suggest that seaweed farming has the potential of becoming a profitable industry in Sweden. Furthermore, large-scale seaweed farming can sequester a significant share of annual anthropogenic nitrogen and phosphorus inflows to the basins of the Swedish west coast (8% of N and 60% of P). Concerning the valuation of externalities, positive values generated from sequestration of nitrogen and phosphorus are potentially counteracted by negative values from interference with recreational values. Despite the large N and P uptake, the socioeconomic value of this sequestration is only a minor share of the potential financial value from biomass production. This suggests that e.g. payment schemes for nutrient uptake based on the socioeconomic values generated is not likely to be a tipping point for the industry. Additionally, seaweed cultivation is not a cost-efficient measure in itself to remove nutrients. Policy should thus be oriented towards industry development, as the market potential of the biomass will be the driver that may unlock these bioremediation opportunities.",
author = "Linus Hasselstr{\"o}m and Thomas, {Jean Baptiste} and Jonas Nordstr{\"o}m and Gunnar Cervin and Nylund, {G{\"o}ran M.} and Henrik Pavia and Fredrik Gr{\"o}ndahl",
year = "2020",
doi = "10.1038/s41598-020-58389-6",
language = "English",
volume = "10",
journal = "Scientific Reports",
issn = "2045-2322",
publisher = "nature publishing group",

}

RIS

TY - JOUR

T1 - Socioeconomic prospects of a seaweed bioeconomy in Sweden

AU - Hasselström, Linus

AU - Thomas, Jean Baptiste

AU - Nordström, Jonas

AU - Cervin, Gunnar

AU - Nylund, Göran M.

AU - Pavia, Henrik

AU - Gröndahl, Fredrik

PY - 2020

Y1 - 2020

N2 - Seaweed cultivation is a large industry worldwide, but production in Europe is small compared to production in Asian countries. In the EU, the motivations for seaweed farming may be seen from two perspectives; one being economic growth through biomass production and the other being the provisioning of ecosystem services such as mitigating eutrophication. In this paper, we assess the economic potential of large-scale cultivation of kelp, Saccharina latissima, along the Swedish west coast, including the value of externalities. The findings suggest that seaweed farming has the potential of becoming a profitable industry in Sweden. Furthermore, large-scale seaweed farming can sequester a significant share of annual anthropogenic nitrogen and phosphorus inflows to the basins of the Swedish west coast (8% of N and 60% of P). Concerning the valuation of externalities, positive values generated from sequestration of nitrogen and phosphorus are potentially counteracted by negative values from interference with recreational values. Despite the large N and P uptake, the socioeconomic value of this sequestration is only a minor share of the potential financial value from biomass production. This suggests that e.g. payment schemes for nutrient uptake based on the socioeconomic values generated is not likely to be a tipping point for the industry. Additionally, seaweed cultivation is not a cost-efficient measure in itself to remove nutrients. Policy should thus be oriented towards industry development, as the market potential of the biomass will be the driver that may unlock these bioremediation opportunities.

AB - Seaweed cultivation is a large industry worldwide, but production in Europe is small compared to production in Asian countries. In the EU, the motivations for seaweed farming may be seen from two perspectives; one being economic growth through biomass production and the other being the provisioning of ecosystem services such as mitigating eutrophication. In this paper, we assess the economic potential of large-scale cultivation of kelp, Saccharina latissima, along the Swedish west coast, including the value of externalities. The findings suggest that seaweed farming has the potential of becoming a profitable industry in Sweden. Furthermore, large-scale seaweed farming can sequester a significant share of annual anthropogenic nitrogen and phosphorus inflows to the basins of the Swedish west coast (8% of N and 60% of P). Concerning the valuation of externalities, positive values generated from sequestration of nitrogen and phosphorus are potentially counteracted by negative values from interference with recreational values. Despite the large N and P uptake, the socioeconomic value of this sequestration is only a minor share of the potential financial value from biomass production. This suggests that e.g. payment schemes for nutrient uptake based on the socioeconomic values generated is not likely to be a tipping point for the industry. Additionally, seaweed cultivation is not a cost-efficient measure in itself to remove nutrients. Policy should thus be oriented towards industry development, as the market potential of the biomass will be the driver that may unlock these bioremediation opportunities.

U2 - 10.1038/s41598-020-58389-6

DO - 10.1038/s41598-020-58389-6

M3 - Journal article

C2 - 32005872

AN - SCOPUS:85078853299

VL - 10

JO - Scientific Reports

JF - Scientific Reports

SN - 2045-2322

M1 - 1610

ER -

ID: 237705703