Incheon Offshore Wind Project_Orsted is a 1,600MW offshore wind power project. It is planned in Yellow Sea, Incheon, South Korea. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2027. Buy the profile here.
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Description
The project is being developed by Korea Midland Power, Korea Southern Power and Orsted. The project is currently owned by Orsted with a stake of 100%.
The project is expected to supply enough clean energy to power 1,400,000 households, to offset 4,000,000t of carbon dioxide emissions (CO2) a year.
The wind power project consists of 100 turbines.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2027.
For more details on Incheon Offshore Wind Project_Orsted, buy the profile here.
About Korea Midland Power
Korea Midland Power Co Ltd (Komipo), a subsidiary of Korea Electric Power Corporation, is an electric utility that generates electricity; operates power plants; and provides various energy services. The company produces electricity from bituminous coal, anthracite coal, liquefied natural gas, solar, heavy oil, hydro, and wind sources. It owns and operates steam, internal combustion and combined cycle thermal power generation, pumped-storage, and renewable energy power plants. Komipo offers EPC management, consulting, education and training program, power plant operation and maintenance, and technical exchange program services. The company serves in domestic and overseas regions; and has plants in Boryeong, Yeosu, Incheon, Cheonan, Chungbuk. Komipo is headquartered in Boryeong-si, Chungcheongnam-do, South Korea.
About Korea Southern Power
Korea Southern Power Co Ltd (KOSPO), a subsidiary of Korea Electric Power Corporation, is a power generation utility that offers integrated power services. The utility generates electricity and develops electric power resources. It produces electricity through a diverse mix of resources including bituminous coal, kerosene, liquefied natural gas, new and renewable sources. KOSPO operates thermal power, mini-hydro and solar power plants. The utility sells all of its generated electricity through Korea Power Exchange. It operates overseas projects including power plant construction, operation and maintenance, commissioning services. The company develops projects in various countries which include Vietnam, Jordan, India, Saudi Arabia and Israel. KOSPO is headquartered in Busan, South Korea.
About Orsted
Orsted AS (Orsted) is a renewable energy company. It develops, constructs and operates offshore and onshore wind farms, bioenergy plants, solar farms, and energy storage facilities, and provides waste-to-energy solutions and smart energy products. It produces heat and electricity using coal, natural gas, oil, biomass, wind and solar sources; and sells power and gas in wholesale and retail markets, and optimizes and hedges its energy portfolio. Orsted also owns and operates gas and power contracts, and originates and trades these for optimizing its portfolio; and operates Rene science plants, biogas upgrade facilities and biogas plants. It has operations in the UK, Denmark, Germany, the US, the Netherlands and other. Orsted is headquartered in Fredericia, Denmark.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
