Three Additional Floating Offshore Wind Projects in South Korea Gain Grid Connection Approval

Three floating offshore wind projects off Ulsan, South Korea, have signed a Transmission Service Agreement with KEPCO.
Three More Floating Offshore Wind Projects in South Korea Secure Grid Connection

Three floating offshore wind projects located off Ulsan’s coast, South Korea, have established a Transmission Service Agreement (TSA) with Korea Electric Power Corporation (KEPCO).

The projects, Gray Whale (developed by BadaEnergy), Haewoori (developed by Copenhagen Infrastructure Partners), and Bandibuli (developed by Equinor), are key contributors to this agreement.

Recently, the 1,125 MW MunmuBaram and 1,125 MW Korea Floating Wind (KF Wind) projects also reached an agreement with KEPCO.

This collaboration with KEPCO facilitates the integration of 6 GW of renewable energy into the national grid.

The BadaEnergy portfolio, a joint venture by TotalEnergies, Corio Generation, and SK Ecoplant, includes floating and bottom-fixed projects in Ulsan and South Jeolla province, featuring the Grey Whale projects.

Gray Whale, with a 1.5 GW capacity, will be constructed 60-70 kilometers from Ulsan Port and completed its environmental impact assessment in July 2024.

The 1.5 GW Haewoori project, owned by Copenhagen Infrastructure Partners (CIP) and developed by Copenhagen Offshore Partners (COP), is planned to be erected approximately 80 kilometers off Ulsan’s coast, aiming for financial closure next year and operations by 2028.

Equinor’s memorandum with Ulsan City from May 2019 plans the up to 800 MW Firefly/Bandibuli wind farm 70 kilometers offshore, divided into two 75 square-kilometer sites.

EIA approval for Bandibuli was granted in July, enabling participation in wind power fixed-price contract auctions.

In April, five developers formed the Ulsan Floating Offshore Wind Association, joining the Ulsan Chamber of Commerce to foster cooperation.

Follow offshoreWIND.biz on:

Original Story at www.offshorewind.biz