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.
Statoil’s projections of 70% CAPEX cuts on the world's first floating turbine windfarm far outstrip industry-wide forecasts and supply chain and installation savings will see project costs approach fixed foundation plants over the next decade.
Firms in markets offering low incentives for repowering have developed cost efficient maintenance which can expand lifespans by as much as ten years and improve condition monitoring systems to maximize profits.
Ireland's offshore wind development has been boosted by the European Commission's decision to prioritize an Ireland-UK interconnector program and national regulatory issues must now be resolved to ensure construction, industry experts said.
The UK Offshore Renewable Energy (ORE) Catapult center is in talks with a number of firms to join its $1.5 million (GBP1 million) project aimed at reducing the impact of turbine blade erosion and cutting electricity output costs, Andy Kay, ORE’s engineering lead for the program, said.
Midwest utility Alliant Energy has lowered Operations and Maintenance costs by using preventive maintenance and a hybrid service model that leverages internal turbine expertise and third party service providers, Michelle Arenson, Regional Director of Wind Generation and Operations at Alliant Energy told Wind Energy Update.
Offshore project developers face a limited supply of vessels capable of installing new higher capacity turbines in deeper waters until the arrival from around 2018 of a new generation of purpose-built installation vessels, according to Wind Energy Update’s Offshore Foundations and Supporting Structures Report 2015.
The UK's removal of Climate Change Levy (CCL) exemptions for renewable energy projects puts further pressure on developers to improve on the latest record-low offtake prices of GBP114-119/MWh through large scale deployment of the most advanced turbine and grid technology.
MHI subsidiary Artemis Intelligent Power is among a group of international companies developing alternative technology in the UK which suits increasing turbine capacity and will drive down offshore wind costs, Jamie Taylor, Artemis’ Senior Project Manager, told Wind Energy Update.
Orders for Aairteam’s remote inspection products have exploded since the Federal Aviation Authority (FAA) eased legislation on commercial drone use earlier this year, Grant Leaverton, General Manager of the company told Wind Energy Update.
New detailed evidence of increasing load factors for UK offshore windfarms is great news for the future of the industry, Ian Pritchard, Energy Asset Portfolio Manager at the UK Crown Estate told Wind Energy Update.