Offshore Wind Power Korea, Seoul

The South Korean government has ambitious plans for the expansion of offshore wind energy. Ministry of Trade, Industry & Energy (MOTIE) announced its plan to increase the share of renewable energy from 7% in 2016 to 20% by 2030, new offshore wind facilities, targeted installed capacity of 12GW will be constructed and operational by 2030. Highlights : Updates on the Offshore Wind Developments/Opportunities in South Korea Successful OWP Partnership - Perspectives from Regulator, KEPCO & GenCos Supply Chain – Tapping on Strong Local Competency in Shipbuilding & Offshore O&M Strategy – Developers & etc Financing Options & What’s next after the RPS? Floating Foundation – A Possible Game Changer? Wind Turbines & Solutions for Korea Topography & Wind Resource Prospects of Wind + Energy Storage Systems (ESS).