The critical business of keeping more than 11,000 MW of installed wind energy capacity operating at peak performance is driving a burgeoning operations and maintenance (O&M) market in Canada, the Canadian Wind Energy Association noted on the occasion of its second annual O&M Summit, held February 24-25 in Toronto.
As Canada's wind energy sector matures, CanWEA says, it becomes increasingly important for leaders in the industry to share ideas, implement innovative new tools and technologies, and build lasting local relationships.
"Getting the most out of wind energy facilities is not only good for owners and operators, it is also good for Canada's environment, economy and communities," said CanWEA President Robert Hornung. "Canada's fleet of 6,066 wind turbines have placed us seventh in the world in installed capacity, and with wind energy costs continuing to fall after already plummeting 61 per cent in the past six years alone, it will only continue to grow. We need to ensure our wind farms operate as safely and efficiently as possible and that they are meeting the expectations of the communities where they are located."
An analysis completed for CanWEA shows the total market for wind energy O&M services in Canada will reach an estimated $450 million by 2020, bringing new jobs and investment to the sector as companies look to capture a share of the growing market. Ontario, which is home to nearly 40 per cent of Canada's installed wind energy capacity, is a hub of activity.