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.
Leading wind data analysts Sciemus Wind will join RWE Innogy, a major European utility in innovative data-centric asset management, in a free webinar on July 28 at 14:00 BST (13:00 UTC) where they will provide insights on how to intelligently inform the day-to-day management of a utility’s onshore assets in the field by effectively using Big Data.
Manufacturing costs for Mono Bucket foundations are around 10-15% below the costs for monopile systems and installation costs around 30-50% lower, Lorry Wagner, President of Lake Erie Energy Development Corporation (LEEDCo), told Wind Energy Update.
Energy storage solutions such as pumped hydro provide wind farm developers with the means to cut output wastage during off-peak periods, Dave Holmes, Managing Director of UK’s Quarry Battery Company, said.
An investment of only Eur10,000 ($11,100) in data-driven preventive maintenance systems can help prevent the failure of crucial components such as the gearbox, which can cost Eur300,000 to replace, Mario Giagnotti, O&M Manager at BKW Italia, told Wind Energy Update.
The growing size of offshore wind farms provides greater scope for data optimisation during Operations and Maintenance, while software solutions can also help mitigate risk during the development phase, Marcus Ihle, Senior Consultant at Outsmart, said.
Wind O&M prices have fallen by an estimated 20-30% in the last five years on increased competition and providers must develop innovative offerings as operators seek further savings, Peter Wells CEO of Upwind Solutions, an Independent Service Provider, said.