Maintenance costs remain low

US wind turbine maker GE has announced an agreement with the Taiwan Power Company to provide maintenance, repairs and spare parts for 26 turbines of 1.5MW in Taiwan.

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The agreement, worth $11.4 million, corresponds to EUR 45/kW/year, which is a cost consistent with prices elsewhere. This figure represents a useful benchmark, and was used in deriving the "low end" estimates of onshore generation costs in our February feature. It confirms that O&M costs are stable.

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