Scotland will take “more than its fair share” of a surging Blue Economy opportunity, which is expected to be worth $3 trillion globally by 2030, the Scottish trade minister has said.
A new report from risk assurance group DNV finds that offshore wind will be the primary driver in competition for ocean space, but overall marine investment will fall as reduced oil and gas expenditure is not offset by growth from other sectors.
By Heather Jones, CEO at SAIC, the Scottish Aquaculture Innovation Centre
It’s not often that the aquaculture and energy sectors are talked about in the same sentence in Scotland. Yet, in Norway, for example, salmon is often considered to be the long-term replacement for oil and gas as the linchpin of the country’s economy.
