As wind turbines get bigger and bigger, the simulation of wind turbines becomes more complex. The increase in size brings about a multitude of intricate challenges that must be addressed in the simulation process. These challenges lie in the different aspects of the simulations such as aerodynamics, structural dynamics, power electronics, hydrodynamics, turbine control etc. The central theme of this thesis is to explore the effect of one of the aspects- structural dynamics, on the wind turbine simulations. Moreover, the thesis also emphasises the development of a structural module and it’s integration in an OpenFOAM-based wind turbine simulation library called TurbinesFoam. TurbinesFoam is an actuator line method-based simulation tool, which enables the study of turbine performance as well as wake dynamics using Computational Fluid Dynamics. The key motivation is also to contribute towards the accurate simulation of wind turbines by performing a successful integration as said above. To fulfil the goals, a structural module was developed in Matlab to simulate the structural dynamics of wind turbines. The module is developed from the theory of spinning elements assuming the blade and tower as Euler-Bernoulli beam. The developed module code is called while running the CFD simulations in OpenFOAM to add deflection and rotation of the blades and towers, using a MatLab pipe class.The accuracy of the developed code was measured using BModes and OpenFAST. The results exhibited satisfactory agreement between the outputs. The NREL 5MW turbine was used to study the effects. The results revealed that, at slightly above the rated condition, the turbine showed 1% decrease in power production due to elasticity when compared with a rigid turbine. The thrust and torque coefficients showed similar trends of reduction in value. Moreover, as the inflow wind velocity increased, the differences in performance got broader, due to increased deflection value. The wake region of the elastic turbine showed a mixed region of both increased and decreased wind velocity when compared with the rigid turbine.