Korea plans ~1.8GW offshore wind competitive bidding in 1H; bid ceiling adjusted downward
The Ministry of Climate announced a competitive bidding round for about 1.8GW of offshore wind in the first half of the year, with the upper limit adjusted downward. The move is expected to support offshore wind industry development and investment attraction.
Dadepo offshore wind highlights large economic impact, but faces licensing delays
The Dadepo offshore wind project is described as having an economic impact of 1.4 trillion won, but progress is reportedly stalled due to hurdles in the licensing process. The article underscores the importance of sustainable energy development amid permitting challenges.
Fisheries group calls for stronger fisherman acceptance measures for existing offshore wind projects
The National Federation of Fisheries stressed that offshore wind projects should secure acceptance from fishermen, calling for gathering responses and opinions regarding existing projects. The article highlights the need to explore practical coexistence measures between fishing and offshore wind.
CIP steps up offshore wind supply chain development and collaboration with Korean partners
CIP has officially started developing the offshore wind supply chain and is expanding collaboration with domestic partners. The report links the effort to offshore wind testing-related activities.
Unison has transitioned to a co-CEO system, a change described as intended to speed up its offshore wind projects. The company is also reported to be pursuing related testing and development activities.
Vestas and Mokpo National Maritime University agree to develop offshore wind talent pipeline
Vestas signed an MOU with Mokpo National Maritime University to support offshore wind workforce development. The agreement aims to train industry professionals through jointly operated education programs and related activities.
Ulsan hosts floating offshore wind forum focused on testing and industry collaboration
A floating offshore wind forum was held in Ulsan, bringing together industry stakeholders and experts. Discussions centered on offshore wind testing and related topics.
Hae Song Offshore Wind positions itself as a community-linked model for sustainable development
Hae Song Offshore Wind is being highlighted as a model that advances offshore wind through local participation and cooperation. The report emphasizes links to the local economy and describes positive impacts of offshore wind technology on the local community.
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