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ARTICLE · 29 NOVEMBER 2024

Global Offshore Wind: South Korea

South Korea's nascent offshore wind market has made strong advances in the last few years. The first commercial scale offshore wind farms have come online and several GWs

South KoreaEnergy and Natural Resources

Information correct as of 26 November 2024.

In collaboration with: Lee & Ko

Content

Focus on: South Korea

Market overview

South Korea's nascent offshore wind market has made strong advances in the last few years. The first commercial scale offshore wind farms have come online and several GWs of projects, both fixed and floating, are in various stages of development and construction.

The share of renewable energy in South Korea's electricity generation mix reached 8.9 per cent in 2022, but the government plans to increase the share of renewables significantly.

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