LS Cable and Korea Electric Power Technology Sign MOU for Cooperation in Floating Offshore Wind Power

Optimizing Cable Systems by Combining EPC and Submarine Cable Technologies

LS Cable Develops Korea's First Dynamic Submarine Cable

Turnkey EPC and Construction System Linked with LS Marine Solution

LS Cable has joined forces with Korea Electric Power Technology to implement a strategy aimed at leading the floating offshore wind market.

On May 11, LS Cable announced that it had signed a Memorandum of Understanding (MOU) with Korea Electric Power Technology for cooperation in floating offshore wind power.

This agreement aims to establish a design-linked cooperation model by integrating LS Cable's submarine cable technology with Korea Electric Power Technology's EPC (Engineering, Procurement, and Construction) capabilities, thereby reflecting cable specifications from the power grid design stage onward.

The two companies plan to jointly participate from the initial engineering phase, optimizing the power grid and cable systems together.

Floating offshore wind power involves wind turbine structures and submarine cables floating on the sea, subject to a constantly moving environment. As a result, this field requires advanced technology that involves complex design considerations, not only for electrical performance but also for mechanical loads and fatigue.

At the signing ceremony for the floating offshore wind power memorandum of understanding (MOU) held at LS Yongsan Tower, Hyungwon Kim, Head of Energy and Construction Division at LS Cable (right), and Taekyun Kim, President of Korea Electric Power Technology, are posing for a commemorative photo. LS Cable.

LS Cable has developed Korea's first "dynamic submarine cable" to address these environmental challenges. Currently, only a few companies worldwide—including LS Cable and several in Europe—possess ultra-high-voltage dynamic cable technology.

Korea Electric Power Technology has strengths in integrated mechanical and electrical design required for dynamic cable design, based on its power grid design capabilities accumulated through onshore power plant EPC projects and its marine environment analysis technology.

The offshore wind power market is expanding into remote deep-sea areas due to the saturation of coastal development, leading to increased demand for floating solutions. Floating offshore wind projects are growing in Europe and Japan, and large-scale projects are also underway in the Ulsan offshore area in Korea.

An LS Cable representative stated, "Participation from the design stage is crucial for winning floating offshore wind orders. Together with our subsidiary, LS Marine Solution, we will strengthen our global competitiveness by leveraging our turnkey capabilities across design, manufacturing, construction, operation, and maintenance."

This content was produced with the assistance of AI translation services.