Offshore wind capacity accounted for 0.7% of total power plant installations globally in 2021, according to GlobalData, with total recorded offshore wind capacity of 54GW. This is expected to contribute 2.1% by the end of 2030 with capacity of installations aggregating up to 263GW. Of the total global offshore wind capacity, 0.25% is in South Korea. Listed below are the five largest upcoming offshore wind power plants by capacity in South Korea, according to GlobalData’s power plants database. GlobalData uses proprietary data and analytics to provide a complete picture of the global offshore wind power segment. Buy the latest offshore wind power plant profiles here.
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1. Ulsan Floating Offshore Wind Project_Sejin Heavy Industries
The Ulsan Floating Offshore Wind Project_Sejin Heavy Industries is a 9,000MW offshore wind power project located in Sea of Japan (East Sea), South Korea. It is being developed by Sejin Heavy Industries. The project is currently in permitting stage. The project is expected to enter commercial operation in 2030. The project is owned by Others; Sejin Heavy Industries. Buy the profile here.
2. Shinan Offshore Wind Power Generation Complex Phase 2
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Shinan Offshore Wind Power Generation Complex Phase 2 is a 6,081.20MW offshore wind power project in Yellow Sea, South Korea. The project is expected to come online by 2030. The project is currently in permitting stage. Buy the profile here.
3. Korea South West Offshore Wind Project_KEPCO
The 2,700MW Korea South West Offshore Wind Project_KEPCO is located in Yellow Sea, South Korea. It is owned by Korea Electric Power. The offshore wind project is currently in announced stage. The commercial operation of the project is expected in 2030. Korea Electric Power is developing this project. Buy the profile here.
4. Southwest Sea Offshore Wind Farm
The Southwest Sea Offshore Wind Farm is a 2,460MW offshore wind power project. It is planned in Yellow Sea, South Korea. The project is currently in partially active stage. It will be developed by Korea Offshore Wind Power; Wind Minds Korea. Korea Offshore Wind Power is the owner of the project. Buy the profile here.
5. Ulsan Metropolitan City Floating Offshore Wind Farm
The 1,700MW offshore wind project, Ulsan Metropolitan City Floating Offshore Wind Farm is expected to get commissioned by 2024. It is being developed by Hyundai Heavy Industries; Korea East-West Power; Ulsan Technopark. The project is currently in announced stage. Hyundai Heavy Industries; Korea East-West Power; Ulsan Technopark is the owner of the project. Buy the profile here.
For more details on the latest offshore wind power plants, buy the project profiles here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Plants database, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide.
