Ocean Winds Korea's 1,125 MW offshore wind project in Incheon's Gulup-do area encountered continued opposition from local fishermen and residents at an environmental impact assessment public hearing.
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통합은 결정됐습니다. 발전5사가 가진 13.5GW는 통합 본사의 한 본부로 모이고, 2027년부터 전력을 사 주는 상대는 한국전력으로 바뀝니다. 2022년 이전에는 발전5사가 어느 민간 사업에 들어갈지 직접 골랐습니다. 2027년 뒤에는 그 다섯이 하나가 됩니다.
The merger is decided. The 13.5 GW gathers into one head office division, and from 2027 the contract moves to KEPCO and the other purchasers named by presidential decree. Before 2022 the five gencos chose which private projects to join. After 2027 there is one of them.
Ocean Winds Korea's 1,125 MW offshore wind project in Incheon's Gulup-do area encountered continued opposition from local fishermen and residents at an environmental impact assessment public hearing.
South Korea's offshore wind supply chain is expanding rapidly as competitive auctions select record project volumes. EEW KHPC and GS Entech are investing heavily in substructure manufacturing facilities in Gwangyang and Yeonggwang respectively, with EEW KHPC committing 122.8 billion won to expand…
Gunsan City held a coordination meeting on September 10, 2026, to review progress on military operational compatibility consultations for the Eocheong offshore wind integrated zone (OWIZ), a 1.02 GW project designated in March 2026.
Vivian, a KOSPI-listed fashion company, signed an MOU with Kwanglim to invest in renewable energy projects, with focus on the 160MW Yeonggwang Future offshore wind farm in South Jeolla Province.
Ørsted, WindLake, and Inha University signed a memorandum of understanding on September 9 to establish a collaborative framework addressing military-related issues in offshore wind development.
A South Korean think tank analysis warns that even with six Wind Turbine Installation Vessels (WTIV) by 2030, Korea cannot achieve its 4GW annual offshore wind installation capacity without synchronized project construction starts, port expansion, and vessel deployment schedules.
South Korea's government has decided to consolidate five state-owned power generators (Korea East-West Power, Korea Midwestern Power, Korea Western Power, Korea Southern Power, and Korea Southeastern Power) into a single entity called 'Korea Generation' after 25 years of operating separately.
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South Korea targets October 2027 launch of unified GencoGet the latest Korea offshore wind news delivered to your inbox.
Korea's five state-owned generators become one in October 2027. They hold 14.0 GW of offshore wind, a third of the national pipeline. What the merger case rests on, and what it leaves unanswered.
Engine ARA — project economicsReport page in preparation The Ministry of Climate, Energy and Environment's ten-year bidding plan, announced on 30 June 2026, will bring 55 GW of offshore-wind tenders to market from 2026 to 2035. It allocates 4 GW or more each year and concentrates about 28 GW into 2026–2030. Two tracks run in parallel — the existing competitive auctions (~31 GW, through 2033) and the Special Act's new development-district auctions starting in the second half of 2029 (~24 GW) — targeting 10.5 GW deployed or under construction by 2030 and 25 GW of cumulative deployment by 2035.
The framework law that moved Korea from developer-led projects to a government-led planned-siting regime, in force since 26 March 2026 with its Decree and Rules. The state designates the wind-power districts and selects operators by competitive bidding, and a single implementation-plan approval deems roughly 28 statutory authorizations granted — the one-stop reform at the centre of the market.
