Nearly 370 GW of wind power was installed by the end of 2014, of which more than half is now out of warranty. Since operation and maintenance (O&M) represents a huge wind power business with relatively clear market visibility going forward, it has become very important and attractive for wind asset owners, turbine OEMs and independent service providers (ISPs). In order to understand the current key challenges, opportunities and trends in the O&M service market, FTI Intelligence undertook a survey at SKF annual wind farm management conference in May 2015.
The key findings of this O&M Service Market Survey covers:
- Service market growth and O&M service pricing
- Maintenance strategies – service provider selection, service contract types, turbine upgrades and life extension for ageing fleet, downtime, spare parts and LCoE
- End of warranty
- Cross regional learning