Ørsted has confirmed its intention to develop offshore wind projects with a potential capacity of up to 1.6 GW off the coast of the South Korean city of Incheon.
Ørsted claims its projects in Incheon could provide clean energy to 1.4 million South Korean households and reduce carbon emissions by almost four million tonnes per year.
The proposed wind farm will be located more than 70 kilometres from the main parts of Incheon City and will have relatively shallow water depths at the target project site to allow for a cost-effective development. Subject to permits, off-take agreement with a South Korean energy utility, and final investment decision, the projects could be commissioned from 2026 onwards.
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