The Ministry of Environment has granted Environmental Impact Assessment (EIA) approval for Ocean Winds and Mainstream Renewable Power's 1,125 MW KF Wind floating offshore project, which is being developed off the coast of Ulsan, South Korea.
The EIA comprises the first phase, East Blue Power, of 375 MW and the second phase, KF Wind, of 750 MW. The scope includes 75 turbines and floating foundations, two bottom fixed offshore substations, three submarine export cables of 80 km each, one onshore substation and the onshore high voltage line of 4.5 km until the interconnection point at Korea Electric Power Corporation (KEPCO)’s Shinonsan onshore substation.
KF Wind is a project being developed off the coast of Ulsan, South Korea. KF Wind is a joint venture company owned by Ocean Winds (66.7%) and Mainstream Renewable Power (33.3%). The project is currently in advanced development stages with exclusive rights of development through two Electric Business Licences (EBL) obtained in 2022. The floating wind farm can generate 4,000 GWh of electricity annually to power the equivalent of over 1.3 million households and will reduce nearly 3 million tCO2eq greenhouse gas emissions every year.