WindValue, end-of-life decisions for wind farms
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Published Version
Date
19/03/2024
Authors
Mikindani, Dorcas
Journal Title
Journal ISSN
Volume Title
Publisher
The Boolean, University College Cork
Published Version
Abstract
Wind farms have an estimated lifespan of twenty to twenty five years, and as they age, their value decreases, potentially becoming a liability. This article discusses a research project that aims to develop a decision support tool for wind farm owners. The tool will help estimate financial outcomes and assess risk profiles for different options such as repowering, life extension, or decommissioning. Additionally, the project will explore challenges and opportunities related to co-investment between local communities and wind farm owners.
Description
Keywords
Wind farms , Repowering , Life-extension , Decommissioning
Citation
Mikindani, D. (2024) 'WindValue, end-of-life decisions for wind farms', The Boolean: Snapshots of Doctoral Research at University College Cork, 7, pp. 13-18. https://doi.org/10.33178/boolean.2024.1.3