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Home›Business & Finance›K2 Management Calls for ‘Reality Check’ on Turbine Design Lifetime Limits
Business & Finance

June 3, 2021 · about 5 years ago

K2 Management Calls for ‘Reality Check’ on Turbine Design Lifetime Limits

Conservative wind turbine design lifetime limits are a costly distraction from the potential of offshore wind projects to continue to help meet decarbonisation targets, K2 Management said, calling on the offshore wind industry to be better aligned in project timelines and equipment lifecycles. As th

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K2 Management Expands Board of Directors
Illustration; Photo source: K2 Management (archive)

Conservative wind turbine design lifetime limits are a costly distraction from the potential of offshore wind projects to continue to help meet decarbonisation targets, K2 Management said, calling on the offshore wind industry to be better aligned in project timelines and equipment lifecycles.

As the latest offshore wind leasing rounds propose a 60-year project lifespan, almost three-times the approved turbine design lifetime, addressing equipment lifecycles is of utmost importance, according to the engineering and project management consultancy.

Limitations on wind turbine design lifetimes are hampering efforts to manage costs in asset lifecycles, reducing the effectiveness of long-term decision making and disrupting the effectiveness of offshore wind energy in low carbon power generation, K2 Management said.

The company cited findings from a WindEurope report which indicate that in the next five years, 38 GW of European wind farms will reach 20 years of operations, and therefore require decisions to be made around repowering, life extension or full decommissioning.

Owners of older nearshore offshore wind farms in particular will find it impossible to repower these sites with larger, more efficient turbines. Nevertheless, realistic lifespans beyond 35 years are achievable using current asset management methodologies and O&M activities, as demonstrated across early offshore wind projects including North Hoyle, Scroby Sands, Kentish Flats, Barrow, and Beatrice, the company pointed out.

“In recent years there has been an emphasis on OEM’s developing and proving the commercial viability of bigger and more efficient turbines, targeting a lower LCoE that makes offshore wind more competitive than traditional offshore energy”, Gary Bills , Regional Director EMEA, K2 Management.

“At the 20 to 25-year mark, however, an offshore wind farm owner’s mind should be on how their project can continue to efficiently and profitably support decarbonisation goals and make the most of their lease as a possible alternative to the financial and technical hurdles of retrofitting the latest, largest machines to existing infrastructure”.

Decision making on lifetime extension must be made far earlier in the project lifecycle, Bills said, adding that looking at each element much earlier in the project’s lifecycle will be key to arriving at the best investment decision, before external pressures limit alternative options.

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