The need for operations and maintenance (O&M) services will continue to increase as the installed U.S. wind base ages and scales. Annual expenditures for O&M in the U.S. wind industry are expected to double from just under $3 billion in 2012 to nearly $6 billion in 2025. This projected boom is making the market for O&M services increasingly competitive. As the industry grows, companies throughout the wind value chain are developing new strategies to manage O&M efficiently. Owners of large wind farms are planning to bring more aspects of O&M in-house to leverage economies of scale. At the same time, Original Equipment Manufacturers (OEMs) are aggressively expanding the O&M side of their businesses as new wind additions are set to decline. In addition, a host of full-service Independent Service Providers (ISPs) are aiming to provide more cost-effective O&M. This presentation provides an overview of the competitive landscape for U.S. Wind O&M markets, assessing the timing and scale of the opportunity and the most successful emerging business models.
- Learn how wind project owners are planning to manage O&M on their existing fleets
- Discover how ISP and OEM offerings are adapting to customer demand
- Learn which types of companies are best positioned to capture the O&M opportunity
- Understand how new technologies and performance upgrades will impact O&M strategies and costs in the future
Matt DaPrato is a senior research analyst with IHS Emerging Energy Research's North America Wind Power Advisory. Matt conducts research and strategic analysis of wind energy technologies, market dynamics, and competitive positioning. Matt holds degrees in History and Political Science from Boston College, where he focused on public policy development in the United States, and international political relations. He is based in Cambridge, Massachusetts.
Andy Lubershane is a research analyst with IHS Emerging Energy Research's North America Wind Power Advisory. Andy began his career in the energy field performing market research for an early-stage carbon emissions-modeling software company. This role led him to a master's program at the University of Michigan, where he focused his studies on renewable energy, life cycle assessment, and applied economics. He joined IHS in 2012 with a Joint MS/MAE in Sustainable Systems and Applied Economics from the University of Michigan and a BA from Wesleyan. He is based in Cambridge, Massachusetts.
Matt Kaplan is Associate Director of IHS EER's North American Wind research advisory. Matt has over five years of consulting and research experience in the power sector, with a focus on wind energy markets. In his role Matt focuses on the strategies of utilities, developers, and wind turbine manufacturers in North America, contributing competitive intelligence and analysis to IHS EER's wind advisory research service. Prior to joining IHS EER, Matt worked on the first U.S. offshore wind project, Cape Wind. Matt holds a degree in History and Political Science from Wheaton College and is based in Cambridge, Massachusetts.