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Home›Authorities›South Korea to Launch Offshore Wind Tender in October, Two More After That Under New Roadmap
Authorities

August 9, 2024 · about 1 year ago

South Korea to Launch Offshore Wind Tender in October, Two More After That Under New Roadmap

South Korea will launch the first in a series of offshore wind tenders this October and (at least) two more until the first half of 2026, according to an Offshore Wind Power Competitive Bidding Roadmap the country’s Ministry of Trade, Industry and Energy (MOTIE) unveiled on 8 August. The tenders fro

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South Korea to Launch Offshore Wind Tender in October, Two More After That Under New Roadmap

Several offshore wind projects that are already in development in South Korea have reached major milestones by receiving Electricity Business Licenses (EBLs) and completing the environmental impact assessment (EIA) consultation with the Ministry of Environment and MOTIE.

These include the 1.5 GW Haewoori floating wind project off the coast of Ulsan, owned by Copenhagen Infrastructure Partners (CIP) and developed by Copenhagen Offshore Partners (COP), RWE’s 495 MW Seohae offshore wind farm, Equinor’s 800 MW Firefly/Bandibuli floating wind farm, and the 1.5 GW Gray Whale floating offshore wind project developed jointly by TotalEnergies, Corio Generation and SK Ecoplant, among others.

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