Mainstream Renewable Power and Ocean Winds have secured a Transmission Service Agreement with Korea Electric Power Corporation (KEPCO) for a grid connection for their 1125MW KF Wind floating offshore project, off South Korea.
The agreement covers the first phase of the scheme, East Blue Power (375MW) and the second phase, KF Wind (750MW) with the interconnection point for the development located at KEPCO’s Shinonsan onshore station in Ulsan.
KF Wind’s project director Austin Park (pictured third from left) said: “This agreement marks a very important milestone in the development of KF Wind and a major step forward towards getting the project ready for construction.”
The KF Wind team said it is actively making progress in the development of its sites after achieving approval of the Environmental Impact Assessments from the Ministry of Environment, Trade and Industry.
Upon completion, the Ulsan floating offshore wind farm cluster that includes KF Wind and totals around 6GW, is expected to become the world’s largest floating offshore wind area, significantly contributing towards Korea realizing its carbon neutral targets.
KF Wind is a project being developed off the cost of Ulsan, South Korea and is a joint venture owned by Ocean Winds (66.7&) and Mainstream Renewable Power (33.3%).
The scheme is currently in advanced development stages with exclusive rights of development through two Electric Business Licences obtained in 2022.
Pictured from left to right are KF Wind PMO manager Byung-Joon Samuel Kil-Lim, Ocean Winds Korea country manager Guzman Figar, KF Wind project director Austin Park, KF Wind technical director Filip Meuleman, electrical senior manager Ken Oh, Aker Offshore Wind senior vice president project development Leif Holst and KF Wind lawyer Nicolay Bergli Alexandersen.