O&M economics and cost data for onshore wind power markets 2023
Nearly all markets will experience inflationary increases on O&M costs, continuing to place operator portfolios under pressure as they struggle to remain competitive in a cost-constrained environment. China and India remain market leaders for lowest per MW O&M costs, due primarily to a conflux of low labour costs, closeness to supply chains, and rapid growth of larger rating turbine class installations. This report provides a detailed breakdown of O&M cost economics by rating class. Modelled in the report are expected lifetime average costs on a rating class basis for 13 leading onshore wind markets and 3 regional markets. The data sheet accompanying this report provides detailed O&M average lifetime costs for 11 leading onshore wind markets by MW rating class. The forecast data includes breakdown by value chain and by year for all 9 MW rating classes, as reported by Wood Mackenzie. Access to this data will depend upon your subscription coverage.