KF Wind, a floating offshore wind project off the coast of Ulsan, South Korea, has secured a transmission service agreement (TSA) with Korea Electric Power Corporation (KEPCO). This agreement enables the delivery of 1,125 MW of clean energy to Korea’s national grid.
The TSA covers two phases of the project: the 375 MW East Blue Power phase and the 750 MW KF Wind phase. The power will be interconnected at KEPCO’s Shinonsan onshore station in Ulsan.
Austin Park, project director of KF Wind, highlighted the significance of the agreement, calling it a “major step forward” toward the construction of the project.
The project is a joint venture between Ocean Winds (66.7 percent) and Mainstream Renewable Power (33.3 percent). With environmental approvals in place and technical surveys completed for the first phase, KF Wind is advancing toward its goal of contributing to South Korea’s carbon neutrality targets. Upon completion, the Ulsan offshore wind cluster, with an expected capacity of 6 GW, will be the largest floating offshore wind area globally.
Photo caption:
(From left)Â Byung-Joon Samuel Kil-Lim (PMO Manager for KFW), Guzman Figar (Country Manager of OW Korea), Austin Park (Project Director for KFW), Filip Meuleman (Technical Director for KFW), Ken Oh (Electrical Senior Manager), Leif Holst (SVP Project Development at Aker Offshore Wind), Nicolay Bergli Alexandersen (Lawyer for KFW).