Munmu Baram Project is a 1,400MW offshore wind power project. It is planned in Sea of Japan (East Sea), Ulsan, South Korea. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2027. Buy the profile here.

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The project is being developed by Munmu Baram. Shell and Hexicon Korea are currently owning the project having ownership stake of 80% and 20% respectively.

The project is expected to generate 4,650,000MWh of electricity. The project will be spread over an area of 240km². The turbines will be mounted on floating type foundations.

Development status

The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2027.

Contractors involved

Munmu Baram Project (Munmu Baram Project Phase I) will be equipped with Vestas Offshore Wind V236-15.0MW turbines.

Munmu Baram Project (Munmu Baram Project Phase II) will be equipped with Vestas Offshore Wind V236-15.0MW turbines.

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About Munmu Baram

Munmu Baram Co Ltd (Munmu Baram) transmits, distributes and supplies electricity through hydro projects. The company is headquartered in South Korea.

This content was updated on 22 April 2024

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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.