Understanding Potential Economic Impacts to Commercial Fishing from Offshore Wind Energy Development

Description
The potential effects of growing offshore wind energy development on marine fisheries resources are important to try to understand and anticipate. This study used a modeling tool (SEFES) that integrates spatial dynamics in surfclam stock biology, fishery captain and fleet behavior, federal management decisions, and fishery economics, to evaluate the impact of excluding Atlantic surfclam fishing and survey efforts from wind energy areas. Model simulations allow ‘virtual’ experiments to be conducted that alters fishery access to wind energy lease areas (displacement). The simulated cumulative economic revenue losses due to displacement range from 3% to 15% depending on the scenario simulated; however, when fishery restrictions are imposed for areas off the coast of New Jersey, revenue losses up to 26% are seen for the Atlantic City fleet alone. Further, our simulations indicate that exclusion of the stock assessment survey from wind energy areas will make approximately 3% to 17% of the Atlantic surfclam spawning stock biomass inaccessible to the survey, leading to a perceived fishing mortality to increase by 0.7 to 7.3%. This evaluation of the possible scale of impacts of offshore wind development on the Atlantic surfclam fishery and its management can help inform strategies to allow coexistence of multiple sectors of ocean users
Funding
Type
award
Funder
U.S. Department of the Interior, Bureau of Ocean Energy Management, Environmental Studies Program
Funder ID
https://doi.org/10.13039/100012475
Award Dates
2019-09-16 → 2022-09-06
Award Number
M19AC00016
DOI / Resource
DOI
Resource
https://boem.gov/awardpages/100269
Field Xml File
100269.xml (3.05 KB)
  • ROR:https://ror.org/03tzscr25
    Series Title:BOEM Environmental Studies
    ISSN:3071-6349
    Report Title:Understanding economic impacts to the commercial surfclam fishing industry from offshore wind energy development
    Authors:DM Munroe, EN Powell, JM Klinck, AM Scheld, S Borsetti, EE Hofmann
    Publication Year:2022
    Publisher:U.S. Department of the Interior, Bureau of Ocean Energy Management, Environmental Studies Program
    Place:Sterling, VA
    Report Number:BOEM 2022-065
    Contract #:M19AC00016
    Award DOI:10.67297/9A1E2D
    Report DOI:10.67297/01B168
    Field Xml File
    110952.xml (3.29 KB)