Highlights A classification framework for the study of maintenance policy optimization and inspection planning in wind energy industry; To identify models, methods and strategies used to optimize maintenance decisions and inspection procedures for various wind energy assets (turbines, foundations, cables, electrical substations, etc.); A systematic review of the literature over the past two decades (1997)(1998)(1999)(2000)(2001)(2002)(2003)(2004)(2005)(2006)(2007)(2008)(2009)(2010)(2011)(2012)(2013)(2014)(2015)(2016); Identify critical observations on each category of classification; Suggest directions of potential interest to operational researchers.