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The offshore wind industry has seen a dramatic increase in concern over the costs and practicalities of operations and maintenance (O&M). There are strategic and operational concerns in the market: Strategically, projects will find finance more accessible and affordable if they can demonstrate properly developed O&M policies and costings for their planned wind farms; operationally because people need to know what challenges they are likely to face throughout the wind farm lifetime.
However, while in broad terms the industry is aware of problems arising from unforeseen failures or costs, objective data related to costs and performance has been hard to obtain from multiple sites to provide reliable benchmarks for O&M performance and practices.
This international study brings together critical information and analysis in one clear and digestible report; providing much-needed information on O&M costs, practices, cost drivers and the future evolution of O&M. This provides concrete information for the first time to the whole offshore wind industry including policy setters, R&D organisations, investors and manufacturers as well as wind farm operators and developers.
Because of the confidential nature of the source data, some information is presented as averages, aggregates or in an anonymised fashion. However, this provides the only comprehensive and coherent opportunity to benchmark O&M activities, costs and performance against the rest of the industry.