Korea South West Offshore Wind Project_KEPCO is a 2,700MW offshore wind power project. It is planned in Yellow Sea, South Korea. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2026 and is expected to enter into commercial operation in 2030. Buy the profile here.
Description
The project is being developed and currently owned by Korea Electric Power. The company has a stake of 100%.
The project cost is expected to be around $8,979.12m.
Development status
The project construction is expected to commence from 2026. Subsequent to that it will enter into commercial operation by 2030.
For more details on Korea South West Offshore Wind Project_KEPCO, buy the profile here.
About Korea Electric Power
Korea Electric Power Corp (KEPCO) is an integrated electric utility. It generates, transmits, and distributes electricity. The company produces electricity using nuclear, thermal, renewable and other sources. Through power purchase agreements with independent power producers, KEPCO procures electricity. It also provides plant maintenance and engineering services for thermal and nuclear power plants; information services and communication line leasing; and sells nuclear fuel. KEPCO serves residential, commercial, educational, industrial, agricultural, street lighting, and overnight power customers in the country. The company is owned by Korea Development Bank, foreign investors, Government of the Republic of Korea, and others. KEPCO is headquartered in Naju-si, Jeollanam-do, South Korea.
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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 Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
