Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • South Korea’s Largest Hydrogen-Only Fuel Cell Plant Begins Operation in Ulsan
  • Ingeteam Commissions Castilla y León’s First Green Hydrogen Plant
  • Norway’s Karmsund Hydrogen Project to Begin Operations in 2028
  • ITM Power Bets on ‘Hydrogen-as-a-Service’ with New German Subsidiary Hydropulse
  • Greece Weighs Hydrogen Ambitions Against Power Costs and Lack of Subsidies
  • Teesside to Anchor £96M Pipeline Push as Ofgem Backs East Coast Hydrogen Network
  • RIC Energy Secures Site for 220MW Hydrogen-Based E-Fuels Project in Castilla y León
  • ITM Power Gets FEED Contract for Uniper’s Humber H2ub
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Asia
Green Hydrogen H2 News

South Korea will spend US$32 billion on world’s largest floating offshore wind farm

Arnes BiogradlijaBy Arnes Biogradlija06/05/20211 Min Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

South Korea unveiled an ambitious proposalto develop the world’s largest floating offshore wind farm, a critical project for the country’s target of achieving zero greenhouse gas emissions by 2050.


President Moon Jae-in announced that a total of 36 trillion won (US$32 billion) will be invested by both the government and the private sector on the project to construct a large offshore wind farm complex off the coast of the country’s southeastern industrial hub of Ulsan City by 2030.
The facilities will be built on the country’s first commercially viable offshore natural gas field, which is set to shut down after 18 years of activity in 2022.

The wind farm will generate six gigawatts of electricity, enough to power 5.7 million homes, and will account for half of South Korea’s expected offshore wind power generation by 2030.
According to the presidential Blue House, the initiative would also generate 210,000 new jobs.

“Sea winds are like carbonless petroleum in the 21st century. Large scale offshore wind farms will bring us a short cut to achieve carbon neutral and provide us with new growth engines,”

Moon
Share. LinkedIn Twitter Facebook Email

Related Posts

hydrogen

Adani Commissions India’s First 5 MW Off-Grid Green Hydrogen Plant in Gujarat

23/06/2025
energy

India’s Battery Storage VGF Scheme Targets 30 GWh Amid Falling Costs and Rising Grid Pressures

20/06/2025
hydrogen

China’s Quiet Hydrogen Revolution

19/06/2025
Green Hydrogen

L&T Secures Kandla Site as India Accelerates Push into Green Hydrogen

18/06/2025
Batteries

Adani-CATL Talks Signal Possible Battery Manufacturing Pivot

18/06/2025
Hydrogen

Lightbridge Secures $2.9M to Scale Modular Electrolysis and Enter U.S.-EU Hydrogen Markets

16/06/2025
Hydrogen

South Korea’s Largest Hydrogen-Only Fuel Cell Plant Begins Operation in Ulsan

25/06/2025
Hydrogen

Ingeteam Commissions Castilla y León’s First Green Hydrogen Plant

25/06/2025
hydrogen

Norway’s Karmsund Hydrogen Project to Begin Operations in 2028

25/06/2025
hydrogen

ITM Power Bets on ‘Hydrogen-as-a-Service’ with New German Subsidiary Hydropulse

25/06/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.