Daehan Green Power Begins Environmental Impact Assessment Process for Yeonggwang Yawol Offshore Wind Power Project

[Asia Economy Reporter Hyungsoo Park] Daehan Green Power is accelerating the development of the Yeonggwang Yawol Offshore Wind Power Project.

Daehan Green Power announced on the 16th that it has received the review results from the Ministry of Trade, Industry and Energy regarding the environmental impact assessment preparation report for the 'Yeonggwang Yawol Offshore Wind Power Project.'

Based on the review results, the Yeonggwang Yawol Offshore Wind Project is expected to gain momentum. National-level support is necessary to promote large-scale offshore wind power projects. The Enforcement Decree of the Wetland Conservation Act and the announcement of increased REC weighting have been revised to allow the installation of transmission lines within protected wetland areas. The 'Special Act on Promotion of Wind Power Generation' which provides integrated support from site discovery to permits was proposed in the National Assembly in May last year. The project duration, which currently takes 5 to 6 years, is expected to be shortened to 2 years and 10 months.

Daehan Green Power is jointly carrying out the Yeonggwang Offshore Wind Power Project with its parent company, Daehan Green Energy, a developer specializing in renewable energy development. Starting with the construction of a 108MW-class Yawol Offshore Wind Power Complex, it will sequentially promote the 50MW-class Duuri Offshore Wind Power Complex and the 160MW-class Chilsan Offshore Wind Power Complex projects.

A company official stated, "The Yeonggwang Offshore Wind Power Project is expected to accelerate," adding, "A favorable environment is being created to advance the project."

He continued, "The Yawol Offshore Wind Power Project aims to complete permits this year and start construction," and expressed expectations that "based on the successful test operation of the country's first 8MW-class offshore wind turbine, the currently promoted offshore wind power projects will be expedited."

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