RWE secures 495 MW offshore wind capacity in South Korea

Wind Energy – South Korea

South Korea has awarded Germany’s top utility RWE a 495 MW Electricity Business License to develop the Seohae offshore wind project, off the coast of Taean County in South Korea’s Chungcheongnam Province.

The license grants RWE its first exclusive development rights for offshore wind in the country since the company opened an office in Seoul in 2021.

The award of an EBL, a mandatory requirement that permits companies to generate and supply electricity in Korea, is a significant milestone for RWE in the development of its first Korean offshore wind project.

The next step in the development of the Seohae project is to work with local suppliers to continue Engineering and Environmental Impact Assessment studies, engage with the local county and the Korea Electric Power Corporation (KEPCO) to plan and secure a grid connection agreement.

Original Source: https://ocean-energyresources.com/2024/04/04/rwe-secures-495-mw-offshore-wind-capacity-in-south-korea/