2024-12-25
https://w3.windfair.us/wind-energy/news/44012-gcube-insurance-scaling-wind-turbine-offshore-mw-scale-vertical-limit-report-technology-breakdown-component-failure-serial-defect-deployment

Larger turbines = more defects

The offshore wind sector must take action to address a rising tide of mechanical breakdown issues, component failures and serial defects ensuing from the deployment of ever-larger offshore wind turbines, GCube Insurance says.

Official Press Release GCube Insurance:

Offshore Wind Turbine Scaling is Creating Unsustainable Market Risks

Wind Industry Profile of
Offshore Wind Turbine Scaling is Creating Unsustainable Market Risks

8MW+ machines suffer component failures within first 2 years of operation, while 55% of all turbine claims now come from 8MW+ component failures during construction / Full cost of claims ‘long tail’ yet to emerge, but set to drive historic highs of claims frequency and severity, posing risks to inexperienced insurance market entrants / Specialist underwriter urges renewed focus on quality and reliability of a reduced number of turbine products to put industry back on a sustainable path

The offshore wind sector must take action to address a rising tide of mechanical breakdown issues, component failures and serial defects ensuing from the deployment of ever-larger offshore wind turbines. This is according to GCube Insurance (GCube), a leading underwriter for renewable energy... ... More: Official Press Release GCube Insurance

Keywords:
GCube Insurance, scaling, wind turbine, offshore, MW, scale, Vertical Limit, report, technology, breakdown, component failure, serial defect, deployment







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