Operation and Maintenance (O&M) Contracts for Renewable Energy Projects


This practice note discusses operation and maintenance (O&M) of renewable energy projects, a critical component of an effective and successful project. Although capital expenditure typically makes up the bulk of the costs, the O&M still contributes significantly to the calculation for the levelized cost of electricity which is key to the underlying project economics. Having an effective O&M strategy can enhance the competitiveness and make the investment case for, renewable energy projects.