Maintenance

Many wind turbines have more than 8,000 different components, and any minor damage may mean replacing the whole part. Development and construction processes are still new and constantly being updated, but many turbines over eight years require additional equipment replacements and maintenance.

Construction (cranes, workers)

Wind farms and turbines can have costly start-up costs. Large equipment for transportation is required for both on-and- offshore wind farms.

Many wind farms are in remote areas. Weather can often affect the infrastructure made in hard-to-reach areas, causing project delays.

Weather and natural hazards such as lightning, earthquakes and hurricanes

Any natural disasters that can cause general structural damage are similarly a risk for wind turbines. Developers must take special care of the ground or soil condition in the area to ensure a stable foundation for the turbine.

Wind force disruption

Wind is, of course, necessary for a wind turbine to provide energy. Too much wind, though, can damage a turbine.

Prototype risk

Wind turbine technology is advancing at an accelerated rate. Risks must be evaluated with the dynamic landscape of wind energy technology.

Technology

Technology can always malfunction, and serial losses where similar problems affect multiple units can impact profits.