High Costs and Energy Challenges Impede Global Uptake of RAS Aquaculture Technology

by Fishery News

Emerging markets face obstacles in embracing recirculating aquaculture systems (RAS) due to high capital expenditure and energy consumption, hindering the widespread adoption of this fish-farming technology. According to Katherine Bryar, Global Marketing Director of BioMar Group, RAS technology is currently in the innovation phase, even in advanced countries like Norway, Scotland, and the U.S.

Bryar highlighted the significant upfront costs and the complexity of RAS technology, making it an impractical choice for many developing markets, particularly in Africa. The need for advanced knowledge of complex systems further adds to the challenges faced by potential adopters.

The high initial investment requirements create a substantial debt burden for businesses, leading to the necessity of either raising prices or achieving ambitious production targets. Additionally, RAS systems demand large amounts of energy, posing feasibility concerns in developing countries where energy resources may be limited.

Bryar emphasized that while RAS technology presents an innovation challenge, its high-cost nature raises questions about whether the final product output in the entire production chain can absorb the capital expenditure. The extended time required for the venture to become profitable adds to the complexity of the situation.

The high costs and energy demands associated with RAS technology pose barriers to its widespread adoption in emerging markets, limiting its feasibility for businesses in these regions.

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