Power and renewables

Long Term Safe Harbor Storage: Risks and Best Practices Guidelines

Long term safe harbor storage

Whitepaper focused on the risks associated with long-term storage of components.

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Whitepaper

Long Term Safe Harbor Storage: Risks and Best Practices Guidelines

Long Term Safe Harbor Storage

About:

White paper ENA-WP-18

Whitepaper

Long Term Safe Harbor Storage: Risks and Best Practices Guidelines

About:

White paper ENA-WP-18

Long Term Safe Harbor Storage

Request a copy

(optional)
(optional)

Please note that by subscribing to updates, newsletters and other regular email distributions, you must be opted in to receiving informational emails from DNV GL. By submitting this form, you agree to this and accept that you are opted in, and you understand that you can opt-out at any time using the links in the email you receive as well as visiting the email preference centre.

From its unique vantage point as a leading independent engineer in the wind industry, DNV GL is aware that many wind project developers in the United States (U.S.) have qualified, or are seeking to qualify, their 2018-2020 projects under the safe harbor provisions of the Production Tax Credit (PTC), and have purchased turbine components to meet the 5% expenditure threshold. Industry literature and DNV GL estimates indicate the U.S. wind industry will qualify over 4.5 GW of equipment through safe harbor procurement, which represents between 1,500 and 3,000 turbines that will be put in long-term storage, up to 3 years, pending installation and commissioning at a project site. Other developers have opted to begin manufacture of main transformers as an alternate means of qualifying projects for the PTCs.

This white paper is intended to inform owners of key technical risks and proactive steps that can be taken to mitigate such risks associated with long-term storage of components, and in turn avoid negative impacts on project financing as well as issues during project operations.

Whitepaper

Long Term Safe Harbor Storage: Risks and Best Practices Guidelines

Long Term Safe Harbor Storage

About:

White paper ENA-WP-18