Growing wholesale market exposure and rising flexibility requirements have led some wind operators to develop profit-sharing operations and maintenance (O&M) arrangements which maximize market revenues.
Major operators are investing in repowering programs to profit from technology improvements ahead of tax credit deadlines and some firms are looking to repower after just 10 years of operations, industry experts said.
The growing involvement of Oil and gas groups in offshore wind projects will generate significant cost savings in installation logistics and along the full operational lifespan, industry experts told Wind Energy Update.
The 4 GW Plains and Eastern line from Oklahoma to Tennessee is set to unlock $7 billion of wind power investments and has received 22 GW of demand from generators and industrial consumers such as Kellogg’s, General Motors and Unilever, project developer Clean Line Energy Partners told Wind Energy Update.
Lower capital costs and installation efficiencies are driving down offshore wind prices but the UK's higher development and transmission costs will keep this April's auction prices well above Denmark’s 49.9 euros/MWh (43.7 pounds/MWh) contract, industry experts told Wind Energy Update.
The German utility has deployed a range of “Hands-on” supplier-operator partnerships to improve windfarm operations and greater knowledge-sharing between partners will generate further savings, Roland Flaig, Head of Wind Operations- Onshore Europe, at E.ON Climate & Renewables, said.
Statoil’s record offshore wind lease bid gives it access to the high-load New York market for its first U.S. project but a power purchase agreement will require state support due to the large capacity size and nascent installation network.
New data has revealed the impact of leading-edge erosion on energy production and advanced protection packages now offer long term performance gains and optimized maintenance windows, industry experts said.
The Blauwind II consortium bid a record Dutch price of 54.5 euros/MWh ($58.0/MWh) to win the Borssele 3&4 offshore wind tender, demonstrating how installation learnings and wider construction roles are allowing project stakeholders to establish a lower plateau of prices, industry experts told Wind Energy Update.
Original Equipment Manufacturers are fending off competition in wind power operations and maintenance through a combination of longer service agreements, tailored offerings and takeovers of independent service providers, experts told Wind Energy Update.