The next steps for the company’s Incheon offshore wind project include environmental impact assessments, site investigations, and preparations for participating in South Korea’s annual fixed-price wind auction.
Subject to the successful outcome of these processes and Ørsted taking the final investment decision, the project is expected to be completed in the early 2030s.
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Once fully commissioned, the offshore wind farm will provide renewable energy to over one million South Korean households while reducing carbon emissions by approximately four million tonnes annually, said the developer.
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13 days ago
about 2 years ago
Ørsted has signed a Memorandum of Understanding (MoU) with Incheon Metropolitan City, South Korea, to cooperate on developing a regional offshore wind sector. The aim of the agreement is to establish a local wind power industry driven by Ørsted’s 1.6 GW offshore wind project off the coast of Incheon
