ajunews Tuesday,5 March 2024

Danish firm Orsted wins state approval to build offshore wind farm near western port city of Incheon

By Park Sae-jin Posted : November 30, 2023, 17:13 Updated : November 30, 2023, 17:13
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[Gettyimages Bank]
SEOUL -- Danish power company Orsted has won state approval to establish an offshore wind farm, about 70 kilometers (43 miles) off the coast of the western port city of Incheon. The wind farm would be South Korea's largest offshore wind-generated power plant with a generation capacity large enough to power some one million households annually.

Orsted currently operates 28 offshore wind farms with a total generation capacity of 8.9 gigawatts across the globe. The company partnered with Korean Southern Power, a public power company, to build an offshore wind farm complex near Incheon in January 2022.

The Danish power company unveiled a green energy project in November 2020 to establish an offshore wind power complex with a potential capacity of up to 1.6 GW near Kurop Island in Ongjin County. The site has relatively shallow water depths to allow for cost-effective development. The project requires about eight trillion won ($6.7 billion). Orsted aims to commission the project in 2026 that could provide clean energy to more than 1.3 million households.

According to Orsted, the Danish company received a green light from South Korea's energy ministry to build a 1.6GW-class offshore wind farm near Incheon on November 30. A total of eight trillion won ($6.1 billion) will be injected into the project designed to provide electricity to Incheon and its surrounding cities. The wind farm is set to be operable in 2030.

"We will establish a symbiotic model where fishermen, residents, and others can flourish together throughout the development, construction, and operation of the Incheon offshore wind power project," an Orsted official said in a statement.

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