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WINDS OF CHANGE IN ONSHORE WIND O&M - A LOOK INTO 2020S

February 20, 2020 | (11:00 AM)
USA (United States of America)
SHARESHARESHARE
The global onshore wind operations and maintenance (O&M) market is expected to grow to nearly $21 billion USD by 2028. Yet 70% of the O&M spend per installed MW will be on unplanned repair. Capital component and blade repair spend will reach $7 billion USD per annum by 2028. Growth will undoubtedly impact O&M cost and overall OPEX, but to what extent will this impact investment returns, project economics, and LCOE's?