Taean offshore wind power cluster designated (conditional), with testing underway
Multiple outlets report that the Taean area has been designated as an offshore wind power cluster/complex on a conditional basis. Coverage highlights this as a milestone for development, with offshore wind testing referenced as an ongoing element of the designation and next steps.
Equinor Firefly floating offshore wind: bid restriction period reduced from 5 years to 2 years
Electimes reports that Equinor’s Firefly floating offshore wind project has seen its bid restriction period shortened from five years to two, a change described as supportive of industry progress. The article also references continued testing and development activities.
Policy spotlight: transition to “Planned Site” and preliminary district designation to accelerate offshore wind
Today Energy reports on the implementation of a transition to “Planned Site” and the use of preliminary district designation, framed as measures intended to speed up offshore wind development.
Fisheries group urges stronger acceptance-building for existing offshore wind projects
Industry News reports that the National Federation of Fisheries is emphasizing the need for offshore wind developers to secure fishermen’s acceptance for existing projects. The article highlights the need to gather fishermen’s responses and opinions and to explore practical coexistence measures between fishing and offshore wind.
Vestas partners with Mokpo National Maritime University on offshore wind talent development
Energy News reports that Vestas signed an MOU with Mokpo National Maritime University to develop offshore wind talent. The partnership aims to support professional training through jointly operated education programs.
Supply-chain showcase: GS Entec presents offshore wind substructure technology at Smart Energy Week 2026
Today Energy reports that GS Entec showcased offshore wind substructure technology at “Smart Energy Week 2026,” presenting innovations positioned as important for future offshore wind projects.
Korea to run 1.8GW offshore wind competitive bid in H1, with a lowered price cap
The Ministry of Climate announced a first-half competitive tender totaling 1.8GW of offshore
Korea sets first-half offshore wind bid at 1.8GW, with a lower price cap
The Ministry of Climate announced a first-half competitive bidding round totaling 1.8GW for offshore wind,
South Korea's government has introduced a bill mandating offshore wind farm operators to share project profits with the public, aiming to alleviate energy costs for citizens.
Korea Midland Power (KOMIPO) has submitted a permit application for its 'IC2' offshore wind project in Incheon, which overlaps with the ferry route to Baengnyeongdo and other western islands. This ove
With the upcoming Special Act on Offshore Wind, South Korea's offshore wind auction system needs to shift from pure price competition to focus on project completion feasibility and risk distribution.
Two new legislative proposals in Korea are raising significant concerns among offshore wind developers. One bill suggests the government take up to 20% equity in projects, while another, introduced on