Buisness of Wind Energy

Question 1

What are the 3 options used to manage a wind farm maintenance?

Answer 1

• OEM (Original Equipment Manufacturer) maintenance contracts
• Independent Service Providers (ISP)
• Self-perform

Question 2

What is a “reclamation bond”?

Answer 2

Money required to be set aside prior to construction for restoring the land if the wind farm is abandoned.

Question 3

What is the revenue per megawatt for asset owners (for the entire market regardless of asset age).

Answer 3

1.6 million / MW generated in total revenue

(If maintained by an independent maintenance service provider/contract (ISP) up to 2-2.6 million total revenue)

Question 4

In 2023, what is the estimated cost per MWh per DOE?
1) Onshore turbines
2) Offshore fixed bottom
3) Offshore floating

Answer 4

1) $30 / MWh Onshore turbines
2) $80 / MWh Offshore fixed bottom
3) $200 / MWh Offshore floating