Analysts Predict Surge in North American Wind Power O&M Costs as Tax Credits Phase Out

Operations and maintenance (O&M) expenses for wind power assets will cost the industry about $7.5 billion annually by 2021, according new analysis from IHS Markit. The firm estimates the current North American wind O&M market is valued at approximately $5-6 billion annually, but is expected to exceed $8.3 billion by 2027, an increase of nearly 40 percent.

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