Identification and evaluation of innovation opportunities in operations and maintenance of offshore wind farms

Abstract

Technologies are changing fast, and opening for business opportunities. It is difficult for individual companies to keep track of these changes and how they apply. In this master thesis, a systematic approach has been used to identify and evaluate innovation opportunities in operations and maintenance of an offshore wind farm. Several opportunities were identified and evaluated. The evaluation process emphasized the identified opportunities’ ability to solve industry problems and ability to generate profit. The evaluation process concluded that an autonomous drone product and a predictive maintenance service were the most promising innovation opportunities. Business model canvas was used to show how a business could be built around the opportunities.