The wind sector can make a strong case to policymakers for the reductions in electricity prices possible through repowering, said Vestas CEO Anders Runevad, who expects the market to eventually account for between 3% and 5% of the turbine OEM’s installed base.
Runevad told Recharge that Vestas is already beginning to see “meaningful volume” from repowering orders, mainly from mature EU markets such as Germany, but the company expects to see the replacement market assume growing significance into the next decade.
