Latest Issue
 
Windtech International May June 2024 issue

 

FOLLOW US AT

follow

 

follow


Pressure mounts on offshore wind operations and maintenance (O&M) as strike prices continue to drop across Europe. MAKE’s latest research note investigates how the underlying conditions for offshore wind O&M will change in the future in tandem with the strike price reductions and the associated implications on offshore wind O&M.

Offshore wind O&M is set to become more challenging as average project sizes will increase and average distance to shore is set to double in 2025 compared to the existing operational fleet. As strike prices continue to drop, the industry is faced with significant challenges for offshore logistics, which in turn will lead to new solutions. Projects will become more clustered with large O&M hubs developed across Europe to leverage scale. Furthermore, as the offshore wind fleet continues to grow and age, so do O&M volumes, which opens the door to larger ISPs in the future.

 
Use of cookies

Windtech International wants to make your visit to our website as pleasant as possible. That is why we place cookies on your computer that remember your preferences. With anonymous information about your site use you also help us to improve the website. Of course we will ask for your permission first. Click Accept to use all functions of the Windtech International website.