Ministry of Industry: "Supporting Public-Led Offshore Wind Power Discovery and Development... Preventing Permit Delays"
Aiming to Become a Top 5 Global Power... Follow-up Measures for 'Offshore Wind Power Development'
'Public-led Large-scale Offshore Wind Farm Development Support Project' Call for Proposals
Support for Wind and Marine Environment Surveys, Basic Farm Design, and Development
[Asia Economy Reporter Kim Bo-kyung] On the 5th, the Ministry of Trade, Industry and Energy announced that it will call for applications for the 'Public-led Large-scale Offshore Wind Farm Development Support Project,' which supports offshore wind development projects led by the government and local governments.
Last month, the Ministry of Trade, Industry and Energy announced the 'Offshore Wind Power Development Plan,' which includes measures to supply 12GW of offshore wind power by 2030 and strengthen domestic industrial competitiveness to become one of the world's top five offshore wind power countries.
This project was promoted to activate planned offshore wind development that secures environmental performance and local acceptance in advance by supporting the discovery of suitable offshore wind sites and large-scale complex development.
This call for applications will select support targets for two projects: ▲ Large-scale Offshore Wind Farm Development Support Project and ▲ Offshore Wind Suitable Site Discovery Project.
The Large-scale Offshore Wind Farm Development Support Project provides up to 7.5 billion KRW (over 3 years) of national funding to partially cover development costs such as basic design, wind and marine environment surveys, and resident consultations for offshore wind farms promoted by local governments.
When selecting support targets, plans for sharing development benefits with the local community and securing resident acceptance will be evaluated with priority to actively reflect residents' opinions on offshore wind power and support projects that coexist with the local economy, such as fisheries.
The Offshore Wind Suitable Site Discovery Project is a joint project by the Ministry of Trade, Industry and Energy, Ministry of Oceans and Fisheries, Ministry of Environment, Korea Electric Power Research Institute, Korea Maritime Institute, and other related specialized institutions to discover suitable sites through marine spatial surveys.
The purpose is to discover economically excellent sites with minimal impact on fisheries and marine ecosystems by reviewing wind conditions, environment, and local acceptance in the selected survey areas.
An official from the Ministry of Trade, Industry and Energy stated, "So far, offshore wind development projects have been promoted mainly by individual private operators, resulting in insufficient resident acceptance and frequent delays in permits and approvals."
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He added, "Through this project, the government and local governments will take a leading role in the supply of offshore wind power, coexist with residents, and discover and spread offshore wind development models that contribute to regional economic development."
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