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WoodMac: Offshore wind O&M will grow to USD 11 billion toward 2028

USD 61 million are lost every year from downtime, writes Wood Mackenzie in a new report.

Photo: LM Wind Power

The market for wind turbine operation and maintenance will continue to grow, writes energy analyst firm Wood Mackenzie in a new report.

WoodMac concludes that the offshore wind O&M market will grow by 17 percent per year up to 2028 and thus total to around USD 11 billion in 2028.

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