South Korea Offshore Wind Progress, 3 GW Danish Offshore

South Korea’s Jeonnam 1 Wind Farm enters commercial operation, Norway launches its first floating wind tender, Denmark announces 3 GW of offshore wind possibility, and The Netherlands delays tendering for two wind sites.

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Allen Hall: Leading off the week, Norway has launched the first part of its long awaited, inaugural floating wind tender, offering subsidies to the winners. Bidders will be awarded rights to develop commercial projects of up to 500 megawatts in capacity at the Utsira Nord site off the country’s southwest coast. The winners will have two years to mature the projects before competing in an auction for subsidies in 2028 to 2029 to be provided as a direct grant. Norway’s Energy Minister said Utsira Nord is an important first step in the development of commercial floating offshore wind development on the Norwegian continental shelf. Norway has agreed to cap subsidies for Utsira Nord at 35 billion Norwegian crowns equal to about [00:01:00] $3.7 billion.

Over in Denmark, Denmark has announced the launch of offshore wind tenders with a capacity of three gigawatts, enough to power approximately 3 million homes. According to the Danish Energy Ministry, the tenders set to open in autumn of this year, we’ll cover two areas in the North Sea. One in the water separating Denmark and Sweden.

The initiative comes with the potential subsidy of up to 55.2 billion Danish crowns equal to about $8.32 billion over a span of 20 years. Last year, Denmark halted its ongoing offshore wind tenders to reevaluate its subsidy model after failing to attract any bids and what was supposed to be its largest offshore wind auction.

The Danish Energy Ministry clarified that bid prices and electricity price developments will dictate whether further subsidies are necessary or if the state might even generate revenue from the projects. And in the Netherlands, the Dutch government has [00:02:00] delayed tendering for two offshore wind sites.

Uh, companies were scheduled to compete for three permits in October this year for construction and operation of new wind farms in the North Sea. However, two of the sites will now be tendered later, just one site. Nederwiek 1-A has been designated for the next offshore wind tunnel with the capacity of about one gigawatt.

For the Nederwiek 1 Wind Farm, the tender criteria have been adjusted to improve the business case for offshore wind. The Ministry of Climate and Green Growth said it is taking these measures to make the upcoming tender round more attractive and to allow the construction of offshore wind farms to proceed at a realistic pace.

The Nederwiek 1-A wind farm will supply about three and a 5% of Dutch electricity consumption once completed. And in South Korea, south Korea’s, Jeonnam 1 Wind Farm has officially entered commercial operation. The 96 megawatt project is owned by a joint venture between Copenhagen Infrastructure Partners and SK Innovations [00:03:00] ENS, the installation of 10 Siemens ga MEA 10 megawatt Direct Drive turbines was completed in December of last year. Commissioning followed earlier this year. Copenhagen Offshore Partners, the exclusive offshore wind development partner to CIP Co-LED project development activities for Jeonnam 1 on behalf of the project owners. This project Mercks the first large scale offshore wind project in Korea led by the private sector.

That’s this week’s top. News stories. Stay tuned for the Uptime Wind Energy Podcast tomorrow.