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Service for wind turbines.

Wind energy remains popular: wind power capacities are steadily increasing all over the world, from currently 500 gigawatts to around 700 gigawatts in 2020. The growing demand for wind energy has made the market for operation and maintenance (O&M) of wind turbines a billion-dollar business in the last 10 years.

In the constantly growing market of operation and maintenance (O&M), wind turbine manufacturers and independent suppliers are competing for market shares. Their portfolios range from basic to full maintenance contracts, which guarantee technical availability of around 97 percent. How will this business field develop in the future? Will the market even consolidate in the medium term?

The current „Flash Analysis“  (PDF, 201 KB, non-accessible), a product of the Central Analysis Department of KfW IPEX-Bank, examines several aspects relating to the topic.

Published: May 2018