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Thursday, May 9, 2024

RWE Granted Electrical energy Enterprise License for Seohae Offshore Wind Farm Growth in Korea


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RWE has secured a 495-megawatt (MW) Electrical energy Enterprise Licence (EBL) from the Ministry of Commerce, Business & Power of Korea for the Seohae offshore wind venture. Situated roughly 45 kilometers off the coast of Taean County in South Korea’s Chungcheongnam Province, this license marks RWE’s first unique growth rights for offshore wind in Korea since establishing an workplace in Seoul in 2021. The EBL, a needed authorization permitting corporations to generate and provide electrical energy in Korea, signifies a big milestone for RWE’s inaugural Korean offshore wind endeavor. This achievement aligns with the corporate’s broader initiatives geared toward bolstering relationships with native communities, business stakeholders, and companions within the Korean market.

RWE Renewables Korea is dedicated to collaborating carefully with native communities and Taean County to advance renewable vitality supply within the area. This initiative goals to create sustainable advantages, together with job alternatives, for the native populace, business gamers, and suppliers, whom RWE considers integral to offshore wind growth. The following part for the Seohae venture entails partnering with native suppliers to progress Engineering and Environmental Impression Evaluation research. Moreover, engagement with the county and the Korea Electrical Energy Company (KEPCO) is underway to strategize and safe a grid connection settlement.

Drawing on a strong 20-year historical past of growing, setting up, and working offshore wind initiatives, RWE has a confirmed monitor file of working in tandem with communities to foster sustainable financial progress for current and future generations. As a world chief within the business, RWE manages the operations and upkeep of a various worldwide portfolio of offshore wind farms.

RWE has cultivated an offshore wind venture growth pipeline of three gigawatts in Korea, enjoying a pivotal function in supporting the nation’s transition to web zero emissions by 2050. This portfolio consists of the 495 MW Seohae venture in Taean County, the 510 MW Neulsaem Ui venture in Shinan County’s waters, and the two GW Hanee Baram venture in Incheon.

Sven Utermöhlen, CEO of RWE Offshore Wind, mentioned, “This primary Electrical energy Enterprise Licence is a key milestone within the additional growth of our Seohae offshore wind venture. As RWE, we’re devoted to delivering clear, sustainable renewable vitality and serving to to attain Korea’s renewable vitality targets. We wish to thank the Korean authorities and native stakeholders for his or her belief in us and for supporting our venture.”

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