Offshore Wind Fiasco: Renewables Industry Faces $Billions In Compensation For Early Repairs
Ørsted is in danger of having to repair the blades of more than 600 offshore wind turbines.
The wind turbine owner will not disclose the bill, but says that the financial significance is “small”.
Siemens Gamesa also does not want to comment on the costs, but the company’s Danish subsidiary has just provided 4.5 billion Danish Krone ($750 million) or 16% of its revenue to guarantee its commitments. […]
Ørsted’s problems mean, among other things, that almost 300 blades at its offshore wind farm at Anholt have to be taken down after just a few years of operation, sailed ashore and transported to Siemens Gamesa’s factory in Aalborg.
However, it is far from just the Anholt Park that is affected. The blades at several British Ørsted offshore wind farms must also be repaired after just a few years on the water.
The total bill is uncertain, but according to Finans’s information, the manufacturer’s warranty typically covers the first five years. However, there has been disagreement between Ørsted and Siemens Gamesa as to whether the problems are covered by the guarantee or are a case of ordinary wear and tear.