Optimizing Green Energy Deployment: Project Management Strategies in Wind Farms in Finland

Abstract

My Thesis Focuses on Optimizing Project Management Practices In the Wind Farm Construction Industry to Align With EU Net Zero 2050 Goals, where emphasis has been given on the Finnish Wind Energy Sector. My main theme is How Wind Farm Project Management Practices can be improved while suggesting better Policy Modifications that also goes with Sustainability.

The Problems that I have worked in this thesis are the Price Indexation and Negative Electricity Prices, Inflation, Regulatory and Legislative Hurdles, Labor Shortages and Skills Gap, Geopolitical Instability, Integration of New Technologies, Lack of Standardized Process, Flexibility and Adaptability in the Project Management Process as well as there is Competition from Other Renewable Energy Sources.

Existing literature, interviews and information on Wind Energy Project Management has highlighted some of the key challenges associated with this domain. But these existing studies has been lacking solutions that is particularly addressed towards wind Energy. Additionally, this thesis has been built upon Prior Academic literature that identifies the need for more sustainable regulatory frameworks across European Union states to facilitate the timely completion of wind farm Construction projects.

This study consists of a qualitative research Methodology which consists of Literature Review, Case Studies and interviews from the Project Professional of One of the Lead Wind Turbine Manufacturing Company Vestas. The data have been collected from the Project Professional, literatures and Websites which are focused on understanding the Challenges and Best Practices of the Project Management in Wind Farms in Finland and across Europe.

Key findings consist of solutions for Regulatory and Permitting Delay, Inflation, Labor Shortage and Skills Gaps and other policy recommendation for Policy Modifications and Project Management Improvement Crucial for Accelerating the Wind Energy Sector.

The findings of this study have put Valuable insights both for Industry professionals and Policymakers and Proposing Strategies for Efficient and optimize Wind Farm Project Management Aligned with European Union Net Zero 2050