Hang wings in the wind

Industry status

Reinforcement of industrial competitiveness in connection with large-scale projects

Early start of large-scale project

1. Ulsan (1.4 GW) + Southeast region (4.6 GW) floating offshore wind power
   - Ulsan City promotes phased construction starting in 2023 by signing MOU with 6 domestic and
    foreign private investors in addition to self-development (200MW)
     (currently, wind condition gauges are being installed)
   * Korea Petroleum Corporation-Equinor, Shell-ConesHexicon, GIG, CIP-SK E&S, KFWIND, Equinor
Support for strengthening industrial competitiveness

1. Reinforcement of support for large-capacity-floating technology development and demonstration
   - Promoting the development and demonstration of 8MW class large-capacity turbines suitable for
    low wind speed environments in a timely manner so that they can be applied to large-scale
    domestic projects (22. first half)

   - Promoting development of floating offshore wind power systems with high future potential,
    floating bodies, mooring systems, and cables for offshore wind power generation

2. Expansion of infrastructure construction
   - Support for the construction of hinterland ports and installation equipment (dedicated ships, etc.)
Support to improve project economics

1. Establishment of carbon reduction guarantee system
- Conduct carbon value evaluation on renewable energy technologies and facilities and provide
guarantees to companies and power generation companies from the Korea Technology Guarantee Fund