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MKE – Southwest Offshore Wind Farm 2500 MW – South Korea - Project Profile

MKE – Southwest Offshore Wind Farm 2500 MW – South Korea - Project Profile

Synopsis

"MKE – Southwest Offshore Wind Farm 2500 MW – South Korea - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "MKE – Southwest Offshore Wind Farm 2500 MW – South Korea - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

South Korean Ministry of Knowledge Economy (MKE) is planning to undertake an offshore wind farm in the Yellow Sea to the south-west of Seoul, South Korea.

The project involves the construction of an offshore wind farm with a capacity of 2,500MW. The project is being developed in three stages.

The first stage involves the construction of a 60MW demonstration wind farm with the installation of 20 wind turbines of 3MW each.

The second stage involves the construction of 400MW and 2,040MW will be developed in third stage.

MKE has signed a memorandum of understanding (MoU) with 15 related companies, including Korea Electricity Power Corporation, two provincial governments and eight different wind turbine manufacturers including Unison, Hyundai Heavy Industries, Samsung Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Doosan Heavy Industries and Construction for the development of the project.

The project will be led by the South Korea's largest power generator; Korea Electric Power Corp. Suppliers for the wind turbines project includes Doosan Heavy Industries and Construction Co., Daewoo Shipbuilding & Marine Engineering Co., and Hyundai Heavy Industries Co.

In 2013, EWE AG has been appointed as the consultant for the project.

On June 15, 2016, Korea Offshore Wind Power (KOWP) and Wind Minds signed a memorandum of understanding (MoU) for the project development. Under the terms of MoU KOWP and Wind Minds will collaborate and will start with a 60MW test stage and will add a further 400MW in its demonstration phase.

In May 2017, LOC Group has been appointed as marine warranty surveying (MWS) services contractor for first stage to ensure the construction of the test phase to meet the highest technical and international standards for offshore engineering. This service is expected to be completed in the first quarter of 2019.

Planning activities are underway on the project.

Scope

The Southwest Offshore Wind Farm project involves a construction of a 2,500MW wind farm on the shores of the western sea in South Korea.

The US$9,000 million project includes the following:

1. Construction of 60MW wind farm in the first stage

2. Construction of 400MW wind farm in the second stage

3. Construction of 2,040MW wind farm in the third stage

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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