Original Korean article: 에너지신문
Korea Western Power (KOWEPO) is accelerating public-led offshore wind development in response to the government's 55GW offshore wind bidding roadmap through 2035. The company plans to focus development on Taean and southwestern marine zones, leveraging reduced investment uncertainty from the long-term government plan and strengthening domestic supply chains and regional co-prosperity initiatives.
The company is aligning its expansion strategy with the government's medium to long-term offshore wind bidding roadmap, which aims to develop 55GW of offshore wind capacity. This strategic alignment allows KOWEPO to reduce investment uncertainty and plan large-scale projects with greater confidence in market demand and regulatory support.
KOWEPO's development focus centers on two key regions: the Taean area and the southwestern marine zones. These locations offer favorable wind resources and strategic positioning for connecting to the national power grid, making them ideal for public-led offshore wind projects that can serve as models for domestic industry development.
The company's approach emphasizes strengthening domestic supply chains and promoting regional co-prosperity. By prioritizing local suppliers and engaging with coastal communities, KOWEPO aims to create sustainable economic benefits beyond energy generation, supporting the development of Korea's offshore wind industry ecosystem and ensuring equitable distribution of project benefits to affected regions.
