Husum IRENA/WWEA Wind  Operations and Maintenance side event
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Husum IRENA/WWEA Wind Operations and Maintenance side event Presentation Transcript

  • 1. Wind Power, Costs, O&M and the Renewable Revolution Husum, Germany 18 September 2012 Michael Taylor mtaylor@irena.org IRENA Innovation and Technology Centre
  • 2. IRENA Membership IRENA’s 101 Members and 159 Signatories Status 10. April, 2012 2
  • 3. KEY FINDINGSOF IRENA’S COSTINGANALYSIS 3
  • 4. Key findings• A renewable revolution is under way• Dramatic cost reductions for Solar PV, onshore wind competitive at best sites, CSP has great potential, hydropower and biomass more mature• Renewable now THE economic solution for electrification and often grid extension, increasingly competitive for grid supply.• Emerging market manufacturers driving down prices• Data collection poses challenges 4
  • 5. Framework forBiomass, CSP, Hydro, PV & Wind Where to set the boundaries? Are costs even available? Prices, or price indicators? 5 Levelised cost of electricity (LCOE)
  • 6. Levelised cost of electricity 6
  • 7. The impact of low-costmanufacturers: PV modules 7
  • 8. Regional variationscan be large: Wind turbines 8
  • 9. WIND POWER 9
  • 10. US wind turbine prices1996 to 2012 10
  • 11. Capacity factors rising 11
  • 12. Average installed costs foronshore wind 12
  • 13. O&M costs 13
  • 14. US O&M costs by start year Source: LBNL, 2012 14
  • 15. O&M share in LCOE 15
  • 16. Emerging issues for O&M?• Operation and maintenance cost can account for a substantial share of LCOE• Why such wide ranges?• Can all markets move to best practice?• Cost reduction potential less well understood?• Reasons for differences in bottom-up engineering cost estimates and real world project costs not well understood• O&M issues deserves more attention 16
  • 17. FUTURE WORKANDCONCLUSIONS 17
  • 18. Future work: Analysisand data collection• Costing work is vital for support of renewables• Cost data should have same status as basic statistics!• Work with companies, industry associations, etc. on data collection and comparability• Look at emerging issues, O&M, BoS costs, engineering vs. Real world project costs, etc.• Develop web-based tool to allow upload of data, provide benchmarking details for participants 18
  • 19. Wind is beginning to deliver on its large potential, but more needs to be done…IRENA is part of the solution 19