South Korea 2023 Offshore Wind Tender results
This blog post is about the announcement of the South Korean 2023 Wind Tender results. 20 December 2023 MOTIE announced the bid results. Offshore wind 1,431 MW bid capacity was successful and 379 MW for onshore wind.
South Korea offshore wind fixed- price competitive bidding 2023 - What revenues to expect?
In this article we go more into details in the South Korean Offshore Wind fixed- price contract method - what revenues to expect?
The basic contract principle: SMP + 1REC x weight factor*
*The weight factor is calculated based on the content in the bid calculation.
Marine Biodiversity Observations: An Essential Tool to Determine Offshore Wind Farm's impact on Local Fishermen
Offshore wind farms are gaining popularity as a renewable energy solution to climate change. While they provide significant environmental advantages, their potential influence on local fishermen and marine wildlife must be carefully evaluated. Observations of marine biodiversity are critical in assessing the effects of offshore wind farms on local ecosystems and coastal populations' livelihoods. Here we investigate the importance of marine biodiversity observations as a tool for assessing and mitigating the potential impacts of offshore wind farms on local fishermen.
Urgency of Offshore Wind Floaters' Industrialisation
in order for floating offshore wind to truly revolutionise the energy landscape, a mass-produced and industrialised floater concept must be developed. In this article, we will look at the importance of floating offshore wind and the need to increase production and industrialization of floating platforms.
