The global wind energy market has experienced significant growth over the past decade, resulting in more than 460 GW of installed capacity requiring ongoing operations and maintenance support. The O&M industry has responded to challenges in maintaining this immense fleet by flooding the aftermarket with innovations to reduce operating expenditures, increase energy output and maintain high levels of technical availability.
- The revenue opportunity in global wind turbine services is expected to exceed $22 billion by 2025
- The 80/20 PTC eligibility guidance from the US IRS launches the biggest global investment in repowering to date, with ~6.2 GW of potential capacity identified
- Spare parts and distribution costs will swell to more than $6 billion by 2025
MAKE’s 2016 Global Wind Turbine Operations and Maintenance Report, a +65 page analysis, contains over 140 charts, tables, and graphs of global wind power service markets and strategies. Key topics covered include the global O&M market opportunity, service strategies of leading asset owners, availability guarantees, pricing and terms of O&M contracts and regional installed base segmentation.
Filed Under: O&M