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First power from South Korea’s first offshore wind project at commercial scale
27/11/2024
News
Copenhagen Infrastructure Partners (CIP) has announced that the 96 MW Jeonnam 1 wind project in the Yellow Sea offshore off the south-west of South Korea has delivered first power.
Being developed via CIP’s offshore wind arm Copenhagen Offshore Partners (COP), in partnership with SK Innovation E&S – one of the largest conglomerates in South Korea – Jeonnam will be South Korea’s first commercial-scale offshore wind project. It is being developed in three phases, with commercial operations from Jeonnam 1 expected to begin in 1Q2025. Jeonnam 2 and 3 are currently under development and will have a combined 800 MW capacity.
COP is also currently developing the 1.5 MW Ulsan Haewoori floating offshore wind project, 2 GW Shinan project and 1 GW Younggwang wind farm.
South Korea has vast potential for offshore wind and is one of the largest offshore wind markets in Asia-Pacific, with ambitious targets of 14.3 GW installed capacity by 2030, according to CIP. The country has pledged to achieve carbon neutrality by 2050, which will require delivery of additional large-scale renewables including offshore wind projects, adds CIP.
According to the Energy Institute’s latest Statistical Review of World Energy, South Korea had 2 GW MW of installed wind capacity in 2023, and 27 GW of installed solar capacity.
