Table 1.
Summary table for the variables used in the analysis.
Variable | Unit | Midpoint value | Worst | Best | Reference |
---|---|---|---|---|---|
Production/output biomass | |||||
Long line | Km per hectare | 2.34 | Case data. | ||
Production: wet weight | Tons per km long line/year | 8 | 7.5 | 15 | Case data. |
Dried seaweed as share of wet weight | 0.1789 | 0.1737 | 0.1842 | Based on 18.5% moisture content in dried product, midpoint of a 15–22% interval, where 15% is considered a conservative lower end of interval and 22% is max recommended36. | |
Dry weight share of wet weight (i.e. no water at all left) | 0.151 | 37 | |||
Production: dried seaweed | Tons per hectare | 3.3497 | 3.1403 | 6.2806 | Calculations from above. |
Financial costs and benefits | |||||
Material every year | EUR per 2 ha | 31 657 | 32 126 | 31 187 | Case data. |
every 5th year | EUR per 2 ha | 7 192 | 7 192 | 7 192 | Case data. |
every 10th year | EUR per 2 ha | 46 731 | 54 240 | 39 223 | Case data. |
Labour every year | EUR per 2 ha | 54 451 | 61 653 | 47 249 | Case data. |
every 10th year | EUR per 2 ha | 6 695 | 8 123 | 5 268 | Case data. |
Energy every year | EUR per 2 ha | 1 089 | 2 119 | 58 | Case data. |
Sales value (dried seaweed) | EUR per kg dried seaweed | 31 | 10 | 52 | Conservative estimate based on38–40, and current market price in Sweden. See supplementary material for details. |
Productivity growth | 2.4% | See supplementary material for details. | |||
Externalities | |||||
N content | Kg per ton dwt | 16 | 5 | ||
Economic value of N | EUR per kg N | 7.6 | 3.6 | 11.5 | 24,28–31 |
P content, kilo/ton dry weight | Kg per ton dwt | 2.4 | 5 | ||
Economic value of P | EUR per kg P | 86.5 | 0 | 172.9 | 28,29 |
Total recreational values west coast (“Consumer Surplus”) | Thousand EUR | 1 805 800 | Calculations based on24 and25 | ||
Share of Consumer Surplus loss at max potential scale | 6% | 10% | 2% | Assumption. | |
Discount rate | |||||
Discount rate | 4% | 6% | 2% | Assumption.41 |