Project Development activities include: site selection, negotiations with landowners, the permit application and grid connection, and acquisition of financial resources. Engineering, Procurement, and Construction (EPC) activities include wind project engineering and design, procurement of wind turbines and other balance of plant equipment and materials, and construction and commissioning of generation facilities. In our utility-scale wind value chain, “balance of plant” (BOP), referring to all infrastructural components of a wind project besides the turbine (i.e., access roads, foundations, substations, etc.), are grouped as part of the umbrella of activities included in Project Development and EPC. For on-shore wind projects, the majority of the capital expenses are attributable to wind turbine components; of the remainder, approximately 8.9% is related to financing and 19.6% is related to BOP. More than 40 wind project developers were active in the U.S. market in 2016, with the four firms accounting for around 50% of the installed capacity. The innovative outcomes in this value chain step are primarily related to decreasing the soft costs associated with onshore wind project development and EPC through implementation of best practices and advances in financing methods, as well as decreasing development timelines through more streamlined administrative procedures.
Step-by-Step Wind Project Development Guide
Source: https://www.k2management.com/download_step_by_step_guide
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