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Korea to tender 1.8GW of offshore wind in 1H, with a lowered cap

The Ministry of Climate announced a competitive bid for 1.8GW of offshore wind in the first half of the year, while adjusting the bid upper limit downward. The move is expected to influence near-term project development and investment attention across the sector.

Read more: Electimes

Related coverage: Energy-News


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“Last chance” dynamics ahead of RPS sunset: strong bid interest, but profitability concerns

Market interest is rising in offshore wind bidding ahead of the RPS sunset, with expectations of broad participation. At the same time, the article flags concerns that project economics could create “profitability traps” despite headline bidding momentum.

Read more: Electimes

Related coverage: None


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Proposed “Offshore Wind Profit Sharing Act” would mandate public profit-sharing

A bill has been proposed to share profits from offshore wind projects with the public, aiming to reduce citizens’ energy burden through revenue distribution. If passed, offshore wind operators would be obligated to share profits.

Read more: Energy-News

Related coverage: None


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Dadepo offshore wind project highlights economic upside, but licensing delays persist

The Dadepo offshore wind project is described as having an economic impact of KRW 1.4 trillion, but is reportedly stalled by hurdles in the licensing process. The article underscores the importance of sustaining momentum in renewable energy development while permitting issues remain unresolved.

Read more: Electimes

Related coverage: None


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CIP moves to build Korea offshore wind supply chain through expanded domestic collaboration

CIP has officially started developing an offshore wind supply chain and is expanding collaboration with domestic partners. The update is linked to offshore wind testing and broader efforts to strengthen local participation in project execution.

Read more: TodayEnergy

Related coverage: None


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Unison adopts co-CEO structure to accelerate offshore wind project push

Unison has transitioned to a co-CEO system, a move the article frames as intended to speed up its offshore wind business. The company is also described as continuing related testing and development activities.

Read more: TodayEnergy

Related coverage: None


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Jeonnam Wind Power Association and Gwangju discuss collaboration and offshore wind industry direction

The Jeonnam Wind Power Association and Gwangju Metropolitan City announced a collaboration plan and discussed the future direction of the offshore wind industry. The talks also explored strategies framed around sustainable energy development.

Read more: Electimes

Related coverage: None


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Floating offshore wind outlook: emphasis on R&D and bankable demonstration data

Inha University’s Professor Jung Jun-mo highlights the high potential of the floating offshore wind market and stresses the importance of R&D and securing demonstration data. He also notes offshore wind’s role in supporting Korea’s energy transition.

Read more: Electimes

Related coverage: None


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Hae Song Offshore Wind spotlights community-linked development model

Hae Song Offshore Wind is presented as a model emphasizing local participation and cooperation, with an explicit focus on ties to the local economy for sustainable development. The article also discusses positive impacts of offshore wind technology on the local community.

Read more: Energy-News

Related coverage: None

Korea Offshore Wind Intelligence

Market monitoring & policy insights

This newsletter is generated and distributed for informational purposes only.

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