3.6.2 MERMAID Commercial Viability
The results of the financial analysis for the two Mermaid designs analysed (Atlantic
and North Sea Sites) are presented in Table 3.9. Detailed results for each sector
included in the combinations are also included. Figure 3.2 illustrates the NPV
estimations for the Mermaid designs.
Fig. 3.1 TROPOS design concepts net present value comparison
Table 3.7 Results from the financial analysis of TROPOS concepts designs
Design
CAPEX (€
million)
OPEX (€
million/
year)
Revenues (€
million/year)
NPV (€
million
NPV/
CAPEX
Internal
rate of
return
Aquaculture À102.74
À43.44
48.35
À69.01 À0.6716 À0.90%
European
Seabass
À34.25
À14.48
12.54
À55.84 À1.6303 –
Meagre
À34.25
À14.48
15.87
À25.27 À0.7378 À2.41%
Greater
Amberjack
À34.25
À14.48
19.93
12.11
0.3535 12.54%
Leisure
À40.66
À6.26
7.63
À32.57 À0.8010 À4.08%
Visitor
centre
À13.61
À2.02
1.73
À17.74 À1.3034 –
Restaurant
À13.66
À2.73
2.82
À14.30 À1.0468 –
Hotel
À13.39
À1.51
3.07
À2.02 À0.1508 8.45%
Service hub
À58.95
À36.27
20.33
À211.92 À3.5949 –
Container
terminal
À462.23
À26.07
62.50
À178.28 À0.3856 4.04%
3 Comparative Financial Analysis of Marine Multipurpose Platforms Projects. . .
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