- Mainstream Renewable Power and Ocean Winds secured a Transmission Service Agreement (TSA) with KEPCO for their 1.1 GW KF Wind floating wind project in South Korea.
- The project will supply 1,125 MW of clean energy to the national grid, contributing to South Korea’s carbon neutrality goals by 2050.
- KF Wind, part of the world’s largest floating wind cluster, will boost local technological capacity and position South Korea as a leader in offshore wind technology.
Mainstream Renewable Power and Ocean Winds have signed a Transmission Service Agreement (TSA) with Korea Electric Power Corporation (KEPCO). This agreement connects their 1.1 GW KF Wind project to South Korea’s grid, injecting 1,125 MW of clean energy.
The KF Wind project includes two phases: East Blue Power, which delivers 375 MW, and the second phase, KF Wind, which contributes 750 MW. The energy flows through the Shinonsan onshore station in Ulsan, ensuring the project’s integration into the national grid.
Located in Ulsan, the floating wind farm ranks among South Korea’s most significant renewable energy initiatives. The Ministry of Environment, Trade, and Industry approved the project after completing the Environmental Impact Assessment, confirming its readiness for development.
Once fully operational, the KF Wind project will form part of the world’s largest floating wind cluster, with a projected capacity of 6 GW. The TSA guarantees efficient clean energy transmission, ensuring a stable power supply to the national grid.
South Korea aims to reach carbon neutrality and significantly reduce greenhouse gas emissions by 2050. The KF Wind project will support these goals, increasing the share of renewable energy in the country’s energy mix.
Ocean Winds, a joint venture between EDP Renewables and Engie, leads the project alongside Mainstream Renewable Power. Both companies focus on offshore wind and push the advancement of floating wind technology. This collaboration drives their strategy to develop innovative solutions for offshore wind energy.
The project will serve as a reference point for future offshore wind developments in Asia, where the potential for wind energy remains high. South Korea seeks to position itself as a leader in floating wind technology, fostering innovation and attracting significant investments.
As South Korea increases its offshore wind capacity, the KF Wind project will create opportunities for local companies to strengthen their technological expertise. These companies will also join the global supply chain, furthering their involvement in the renewable energy market.
By securing the TSA and completing the Environmental Impact Assessment, Mainstream and Ocean Winds have set the KF Wind project on course to deliver clean energy to South Korea’s grid. The project will significantly boost the country’s renewable energy capacity, helping to reduce its reliance on fossil fuels.
In conclusion, the 1.1 GW KF Wind project is crucial to South Korea’s carbon reduction and clean energy strategies. The project’s success will enhance the country’s renewable energy efforts.