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.