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.
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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