“Increase the value of your wind farm – know your O&M strategy right from the beginning”
Too often we see wind farm projects being built without a clear plan for the operational phase. This leads to reactive behavior and loss of production once the project enters operations. To ensure proactive O&M (operations and maintenance), it is key to establish a clear O&M strategy and project planning in the early project stage.
“The TSA – not just a construction contract!”
Often we see Owners and Operators with OEM service and maintenance agreements that do not fully provision for alternative asset operational management strategies. As a wind farm owner with long-term exposure to the operational performance of the asset, you need to ensure that the right level of detail is given to the “post take-over” sections of the contract.
“The SMA - key questions to address during negotiations”
Operational expenditure (‘OPEX’) can equate to 25-30% of the total lifetime cost of a wind farm - even more when it concerns an offshore asset. The majority of these costs fall under one single contract - the turbines’ Service and Maintenance Agreement (‘SMA’). Considering the large impact of the SMA on the Owner’s overall business case, it is crucial to have a well-defined and optimized contract.
Next PEAK Wind Insight on "How to prepare your operations"!