Korea Offshore Wind Daily · May 14, 2026
Korea Offshore Wind Auction 2026 H1
9 projects · 3.6 GW total bids · Record 2:1 competition ratio
3,625
MW Total Bids
Korea Electric Power Technology (KEPCO E&C, CEO Kim Tae-gyun) is accelerating its entry into the Vietnamese offshore wind market. On April 23, the company signed a Joint Development
Building a long-term consultation framework with residents and fishermen is drawing attention as a model for securing local acceptance.
Fishing communities and residents said that continued official discussion structures reduce
Something feels off in South Korea’s wind power market these days. Reports spreading across the industry about foreign companies withdrawing from or scaling back their businesses are difficult to
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
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,
The Hae Song Offshore Wind project is highlighted for its local community participation model, aiming for sustainable development through economic integration.
DHT Holdings received its second of four VLCCs being built at Hanwha Ocean in South Korea. The remaining deliveries will follow as construction milestones are met.
