accept a wide range of variation, so the viability of the projects is mostly unclear
(although always negative so with no financial viability).
3.9 Conclusions
The challenge represented by offshore resources for blue growth economy has been
addressed with different strategies, but the results obtained up to now show that the
timeline for definitive success is still large. Several reasons have been pointed as
explanations such as the lack of adequate technology, required time for technology
maturity and adequate knowledge of the effective conditions under which the new
business will compete. One of the instruments tested through technology issues in
the EU has been the possibility of accelerating expansion through the promotion of
sharing resources, experience and space. This possibility has been explored through
a set of European-funded projects with different approaches and different maturity
levels, focusing on different sectors.
This chapter has presented a transversal analysis of the outputs generated through
different projects, trying to clarify the comparison among the existing alternatives,
testing them from a standard economic and financial point of view. The results based
on the comparison of different projects summarised in this chapter show a homogeneous ranking on the viability of the different alternatives and their business
Fig. 3.10 Results from risk analysis of all Ocean of Tomorrow design concepts
58
S. Torres-Ortega et al.
(although always negative so with no financial viability).
3.9 Conclusions
The challenge represented by offshore resources for blue growth economy has been
addressed with different strategies, but the results obtained up to now show that the
timeline for definitive success is still large. Several reasons have been pointed as
explanations such as the lack of adequate technology, required time for technology
maturity and adequate knowledge of the effective conditions under which the new
business will compete. One of the instruments tested through technology issues in
the EU has been the possibility of accelerating expansion through the promotion of
sharing resources, experience and space. This possibility has been explored through
a set of European-funded projects with different approaches and different maturity
levels, focusing on different sectors.
This chapter has presented a transversal analysis of the outputs generated through
different projects, trying to clarify the comparison among the existing alternatives,
testing them from a standard economic and financial point of view. The results based
on the comparison of different projects summarised in this chapter show a homogeneous ranking on the viability of the different alternatives and their business
Fig. 3.10 Results from risk analysis of all Ocean of Tomorrow design concepts
58
S. Torres-Ortega et al.