Economic Aspects of Marine Spatial Planning:The Case of Offshore Wind Farms in Poland

Spatial rent (annuity) makes it possible to estimate the economic value resulting from the use of space for a given type of activity. This article provides calculations of spatial rent in regard to offshore wind energy development and proposes a data-driven approach for optimizing spatial management...

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Main Author: Tomasz Laskowicz
Format: Article
Language:English
Published: University of Warsaw, Centre for European Regional and Local Studies (EUROREG) 2024-12-01
Series:Studia Regionalne i Lokalne
Subjects:
Online Access:https://studreg.uw.edu.pl/pl/archiwum,economic-aspects-of-marine-spatial-planningthe-case-of-offshore-wind-farms-in-poland
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author Tomasz Laskowicz
author_facet Tomasz Laskowicz
author_sort Tomasz Laskowicz
collection DOAJ
description Spatial rent (annuity) makes it possible to estimate the economic value resulting from the use of space for a given type of activity. This article provides calculations of spatial rent in regard to offshore wind energy development and proposes a data-driven approach for optimizing spatial management strategies, ultimately contributing to more informed decision-making processes in marine spatial management. It analyses seven projects that could be developed in the Polish part of the Baltic Sea as part of Poland’s energy transition. The article employs a robust methodology that integrates technoeconomic analysis and financial forecasting to calculate spatial rent by discounting net cash flows. The calculations are carried out for two windiness scenarios, with the results of the weighted average annual energy production ranging from 38.02 GWh/km2 to 40.56 GWh/km2. Such energy production could yield an annual spatial rent of 10.72 million €/km2 to 13.30 million €/km2.
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institution Kabale University
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language English
publishDate 2024-12-01
publisher University of Warsaw, Centre for European Regional and Local Studies (EUROREG)
record_format Article
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spelling doaj-art-8a90b74e287145db96ae0ccc1eb668f22025-01-22T11:34:12ZengUniversity of Warsaw, Centre for European Regional and Local Studies (EUROREG)Studia Regionalne i Lokalne1509-49952719-80492024-12-0139772110.7366/1509499539701Economic Aspects of Marine Spatial Planning:The Case of Offshore Wind Farms in PolandTomasz Laskowicz0https://orcid.org/0000-0003-2028-7291University of Gdansk, Faculty of Economics, ul. Armii Krajowej 119, 81-824 Sopot, PolandSpatial rent (annuity) makes it possible to estimate the economic value resulting from the use of space for a given type of activity. This article provides calculations of spatial rent in regard to offshore wind energy development and proposes a data-driven approach for optimizing spatial management strategies, ultimately contributing to more informed decision-making processes in marine spatial management. It analyses seven projects that could be developed in the Polish part of the Baltic Sea as part of Poland’s energy transition. The article employs a robust methodology that integrates technoeconomic analysis and financial forecasting to calculate spatial rent by discounting net cash flows. The calculations are carried out for two windiness scenarios, with the results of the weighted average annual energy production ranging from 38.02 GWh/km2 to 40.56 GWh/km2. Such energy production could yield an annual spatial rent of 10.72 million €/km2 to 13.30 million €/km2.https://studreg.uw.edu.pl/pl/archiwum,economic-aspects-of-marine-spatial-planningthe-case-of-offshore-wind-farms-in-polandoffshore windspatial rentgreen dealenergy transformation
spellingShingle Tomasz Laskowicz
Economic Aspects of Marine Spatial Planning:The Case of Offshore Wind Farms in Poland
Studia Regionalne i Lokalne
offshore wind
spatial rent
green deal
energy transformation
title Economic Aspects of Marine Spatial Planning:The Case of Offshore Wind Farms in Poland
title_full Economic Aspects of Marine Spatial Planning:The Case of Offshore Wind Farms in Poland
title_fullStr Economic Aspects of Marine Spatial Planning:The Case of Offshore Wind Farms in Poland
title_full_unstemmed Economic Aspects of Marine Spatial Planning:The Case of Offshore Wind Farms in Poland
title_short Economic Aspects of Marine Spatial Planning:The Case of Offshore Wind Farms in Poland
title_sort economic aspects of marine spatial planning the case of offshore wind farms in poland
topic offshore wind
spatial rent
green deal
energy transformation
url https://studreg.uw.edu.pl/pl/archiwum,economic-aspects-of-marine-spatial-planningthe-case-of-offshore-wind-farms-in-poland
work_keys_str_mv AT tomaszlaskowicz economicaspectsofmarinespatialplanningthecaseofoffshorewindfarmsinpoland