Aquaculture is the fastest growing global food-producing sector, with the highest per capita consumers of seafood located in Asia. Increasing demand from Asia will only be met from aquaculture, yet existing and emerging aquaculture industries in Australia (and other parts of the world) are constrained by the availability of suitable near shore production sites. Offshore aquaculture is a solution to meet this opportunity. However, the lack of knowledge about operating in this new environment, including robust infrastructure and its maintenance, energy availability on demand, animal husbandry, supply chain logistics and biosecurity, is a major problem.
Equally, the renewable energy sector continues to expand exponentially, with high demand for low carbon energy. The Federal Government has set a large-scale renewable energy target for 33,000 GWh of Australia’s annual electricity generation to come from renewable sources by 2020.
The Blue Economy CRC brings together national and international expertise in aquaculture, marine renewable energy and marine engineering, as part of a single, collaborative project. Through integration of the knowledge and expertise across these sectors, this CRC paves the way for innovative, commercially viable and sustainable offshore developments that will see significant changes in marine renewable energy output and seafood production.