In addition to the modern fishing industry, which produces high quality fish products for export, the Faroese economy is also supplemented by other means of food production from local resources. These include the many mountain grazing sheep which provide up to 60% of all locally produced meat as well as wool, some limited catching of sea birds such as puffins and fulmars, the coastal hunting of the abundant and regularly occurring pilot whales for their meat and blubber, enough dairy cattle to satisfy all domestic milk needs, as well as many small potato crops carefully cultivated by private households for their own use.
These local forms of agriculture and hunting have enabled the Faroe Islands to maintain a relatively high degree of self-sufficiency in local food production. In the Faroe Islands it is considered both economic and environmental good sense to make the most of natural resources which are locally available. The Faroese maintain a close relationship with their natural environment and they respect the limits of nature’s productivity.
... and renewable energy
Actual and potential sources of renewable energy are plentiful in the Faroe Islands: hydropower, wind and tidal power. The Faroe Islands is one of the leading nations regarding sustainable production of electricity with some 50 % coming from renewable energy sources. A new interesting development is the installation of the first experimental tidal power turbine in one of the main sounds between the islands.