RWE has been awarded a 495 MW Electricity Business License (EBL) by Korea’s Ministry of Trade, Industry & Energy to develop the Seohae offshore wind project, located approximately 45 km off the coast of Taean County in South Korea’s Chungcheongnam Province.
This license grants RWE its first exclusive development rights for offshore wind in Korea since the company opened a Seoul office in 2021.
“This first Electricity Business Licence is a key milestone in the further development of our Seohae offshore wind project,” says Sven Utermöhlen, CEO of RWE Offshore Wind. “As RWE, we are dedicated to delivering clean, sustainable renewable energy and helping to achieve Korea’s renewable energy targets. We would like to thank the Korean government and local stakeholders for their trust in us and for supporting our project.”
The next step in the Seohae project’s development is to work with local suppliers to continue Engineering and Environmental Impact Assessment studies, engage with the local county and the Korea Electric Power Corporation to plan and secure a grid connection agreement.
