Wind farms need to undergo regular maintenance to continue to efficiently produce energy, and this constitutes a major source of operational expenditure (opex) over the lifetime of a project. But how have costs evolved over time and what’s in store for the next decade?
We look to the Nordics to explore some of these questions, drawing on our experience in a market where Natural Power continues to see, and advise on, many major wind farm transactions.
In this paper, Luke Gregson, senior advisory project manager, and Jeff Bryan, energy markets consultant, look at the Nordic market to explore wind farm operations and maintenance (O&M) trends, challenge conventional wisdom, and help owners and investors understand long-term OPEX costs.
Download the full white paper here.