Operation and Maintenance (O&M) is a signi
fi cant contributor to the LCOE. The Renewables Advisory Board (2010) reported that offshore access related operations including the cost of maintenance dominate the total offshore wind ongoing costs by 84%, whilst other costs such as licence fees, administration, and insurance account for 16%. Current O&M activities in the offshore wind market is valued around d400 M/year and expected to increase to d950 M/year by 2020; simultaneously, around 40% of the offshore wind turbines in the UK are now approaching the end of warranty periods (WindPower Offshore, 2014). During the warranty period, Original Equipment Manufacturers (OEMs) are responsible for all the O&M activities. In the post-warranty period, the responsibility of minimising O&M costs and optimising operations may shift to the owners and the operators.
Operation and Maintenance (O&M) is a signifi cant contributor to the LCOE. The Renewables Advisory Board (2010) reported that offshore access related operations including the cost of maintenance dominate the total offshore wind ongoing costs by 84%, whilst other costs such as licence fees, administration, and insurance account for 16%. Current O&M activities in the offshore wind market is valued around d400 M/year and expected to increase to d950 M/year by 2020; simultaneously, around 40% of the offshore wind turbines in the UK are now approaching the end of warranty periods (WindPower Offshore, 2014). During the warranty period, Original Equipment Manufacturers (OEMs) are responsible for all the O&M activities. In the post-warranty period, the responsibility of minimising O&M costs and optimising operations may shift to the owners and the operators.
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