Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

Equinor Announces 200 Megawatt Floating Offshore Wind Farm Off South Korean Coast

Norwegian oil, gas, and wind company Equinor has announced this week that it will partner with Korea National Oil Corporation (KNOC) and the Korean power company Korea East-West Power (EWP) to develop the 200 megawatt (MW) floating offshore wind project Donghae 1 off Ulsan in South Korea. 

Norwegian oil, gas, and wind company Equinor announced this week that it will partner with two Korean entities to develop Donghae 1, a 200 megawatt (MW) floating offshore wind project in South Korea.

Hywind Scotland
Image Credit: Espen Rønnevik / WoldcamOrigin, via Equinor

The newly-formed consortium, consisting of Equinor, Korea National Oil Corporation (KNOC) and the Korean power company Korea East-West Power (EWP), announced this week the launch of development of the 200 MW Donghae 1 floating offshore wind project. Set to be built close to the KNOC-operated Donghae natural gas field off the coast of Ulsan, in the country’s southeast, the Donghae 1 project could begin construction in 2022 and could possibly reach completion by 2024.

Equinor, formerly Statoil, is the company behind the world’s only currently operational floating offshore wind farm, the 30 megawatt (MW) Hywind Scotland floating offshore wind farm, built off the coast of Peterhead in Aberdeenshire, Scotland. That farm began generating electricity in October of 2017 and was the site of the installation of the world’s first battery for an offshore wind farm in early 2018.

There are a number of other floating offshore wind farms in various stages of development — including nine in Europe, three in Asia, and one in the United States. On its own, floating wind in the United Kingdom could reach an installed base of 10 gigawatts (GW) by 2050, according to figures published in late-2018. These Projects may support up to 17,000 jobs by 2050 and generate gross value added of £33.6 billion.

Before construction, the consortium will carry out a feasibility study for the wind farm which will include investigating the use of the Donghae 1 platform as a substation for a possible wind farm.

“We are very pleased to be member of the partnership involved in realising the first floating offshore wind farm in Asia,” said Stephen Bull, senior vice president for the wind and low carbon cluster of New Energy Solutions in Equinor. “If we succeed in realising the project, the Donghae floating offshore wind project will be the world’s biggest floating wind farm, more than twice the size of Hywind Tampen on the Norwegian continental shelf. A floating offshore wind farm of this size will help further increase the competitiveness of floating offshore wind power in the future.”

 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

I'm a Christian, a nerd, a geek, and I believe that we're pretty quickly directing planet-Earth into hell in a handbasket! I also write for Fantasy Book Review (.co.uk), and can be found writing articles for a variety of other sites. Check me out at about.me for more.

Comments

You May Also Like

Batteries

The 4680 batteries have 5 times more energy with 6 times the power and enable a 16% range increase. At the battery-pack level, the...

Clean Power

As the Russian Baltic Fleet rattles its sword, renewable energy stakeholders in Sweden and elsewhere are eyeballing Baltic Sea offshore wind for a foothold...

Clean Power

Just look at the size of this thing! New "TetraSpar" offshore floating wind demonstration project is good news for global steel industry.

Clean Power

This US green hydrogen startup has caught the eye of big spenders in the global clean tech finance community.

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.