In the context of marine resource economics, this research evaluates the economic impact of U.S. Offshore wind farm (OWF) deployment on fisheries

Active Cooperative Agreement Awarded Last action

Award ID
NA24OARX417C0192
Recipient
Awarding agency
Obligated
$210,027

Award facts

Assistance listing
11.417 Sea Grant Support
Completion date 75% complete
Funding
  • $167,019.00 Federal
  • $43,008.00 Non-federal
Place of performance
Corvallis, OR, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

This $210,027 Cooperative Agreement award from the National Oceanic and Atmospheric Administration (NOAA) under the Sea Grant Support program (CFDA 11.417) funds research by Oregon State University (OSU) to evaluate the economic impact of U.S. offshore wind farm (OWF) deployment on fisheries. The project will quantify OWF-induced changes in fishery revenues, contrast predicted and actual fishing patterns pre- and post-OWF construction, and model anticipated impacts on the West Coast. The research outcomes will guide marine spatial planning to optimize renewable energy benefits while safeguarding vital fishing industries. The project period runs from Aug 1, 2024 to Jul 31, 2027.

Description

As the agency reported it.

With a national goal to harness substantial OWF capacity, the study addresses potential trade-offs between renewable energy development and fisheries' sustainability. Through econometric analysis, the project will quantify owfinduced changes in fishery revenues, contrast predicted and actual fishing patterns pre- and postowf construction, and model anticipated impacts on the west coast. The outcomes will guide marine spatial planning, aiming to optimize renewable energy benefits while safeguarding vital fishing industries.

Quick answers

Who received award NA24OARX417C0192?

NA24OARX417C0192 was awarded to Oregon State University by National Oceanic and Atmospheric Administration (Department of Commerce) on August 1, 2024.

How much is award NA24OARX417C0192 worth?

$210,027 has been obligated on NA24OARX417C0192: $167,019 in federal funding and $43,008 in non-federal funding.

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