Philip TotaroMr Philip Totaro is the founder and CEO of Totaro & Associates, a consulting firm focused on innovation strategy, market research and competitive intelligence, product development and patent search for the wind industry. For Windtech International he writes a column about the future of technology within the wind energy industry. He can be contacted at ptotaro  @  totaro-associates.com.

Offshore Wind Yet to See Meaningful Digital Services Deployment

Totaro jul aug 17As of the end of June 2017, digital services in wind energy had seen deployment to over 55GW of assets, but to less than 1GW of offshore wind. The majority of the features and capabilities which can be delivered via a software-as-a-service (SaaS) model, or otherwise leverage data analytics and internet of things (IoT) systems, are likely to be agnostic to both onshore and offshore wind. Nevertheless, the potential impact on O&M cost as well as energy output optimisation will have specific implications in an offshore wind market segment.

By Philip Totaro, CEO, Totaro & Associates, LLC

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Focus on TLPs, Predictive Maintenance and AEP Optimisation to Further Reduce Offshore LCOE

TLPLooking at the levelised cost of energy (LCOE) equation, the offshore wind industry has a unique and timely opportunity to achieve maximum impact by driving innovation and technology development towards lower CapEx and OpEx costs, and increased annual energy production (AEP).

By Philip Totaro, Founder & CEO Totaro & Associates, LLC

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Renewable energy Internet of Things to hit US$ 5.3 billion annually by 2030

RE IoT Platform CapabilitiesDigitalisation and Internet of Things (IoT) technology adoption in the renewable energy (RE) sector is still in its infancy. This immaturity of digital services platforms in RE leaves a major opportunity for revenue growth. The emergence of the RE digital services ecosystem creates a definitive need and opportunity for data-as-a-service (DaaS) and analytics-as-a-service (AaaS), both of which are likely to be a significant revenue driver as part of the overall RE digital services sector. The market for digital services in RE is likely to grow to US$ 89.4 billion by 2030 with annual revenue of US$ 5,3 billion in that time-frame.

By Philip Totaro, Founder & CEO, Totaro & Associates

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Onerous Mandates on Performance Impact or Reliability are Stifling RE Innovation

Future Onshore Wind TechRenewable energy finds itself in a bit of a Catch-22 situation when it comes to innovation. Intrepid entrepreneurs with impressive ideas which would reduce levelised cost of energy (LCOE), improve annual energy production (AEP), reduce the CAPEX cost of wind turbines, solar panels and energy storage systems, or even reduce the OPEX cost to maintain renewable energy installations, are being stifled. Even OEMs have shown either incremental product and technology innovations, or pie-in-the-sky new products which have little hope of ever seeing the commercial market.

By Philip Totaro, Founder & CEO, Totaro & Associates

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Emergence of Digital Services Highlights Need for Content Licensing Business Model

Renewable Energy IoTThe renewable energy (RE) sector might actually have something to learn from Hollywood studios or the likes of Apple and Google. As many renewable energy OEMs develop platforms where they hope to offer services that can be delivered digitally, aspects such as content licensing, digital asset ownership and digital distribution rights all need to be considered.

By Philip Totaro, Founder & CEO, Totaro & Associates

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Digitalisation Necessitates New Thinking and New Business Models

Digitalisation PhilipWhat if you owned a wind turbine that could self-diagnose a gearbox vibration it detected and ‘call home’ to a remote monitoring operations centre to ask for an oil change? The wind energy industry is only a few years away from the digital industrial revolution having a major impact on the way in which the industry operates and generates revenue.

By Philip Totaro, CEO, Totaro & Associates

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