On 23 April, the parties involved gathered at the Ulsan Chamber of Commerce and Industry to sign the agreement, which aims to expedite the project by fostering cooperation throughout all phases of development, including but not limited to conducting onshore and offshore surveys, acquisition of permits and approval, securing resident support, construction, operation, and maintenance.
This partnership is expected to minimize development time and facilitate quicker project progression.
The Chairperson of Ulsan Floating Offshore Wind Power Fishemen’s Countermeasures Committee Si Hyan OH said “Our fishermen have been deeply divided and embroiled in conflicts, but the recent mutual cooperation agreement provides a foundation to unite them once again. Going forward, we are committed to actively listening to the fishermen’s input and integrating it into our mutual benefit programs to ensure that we prosper together in a tangible way.”
Located about 60-100 kilometres, the Ulsan floating offshore wind cluster plans to have a total capacity of up to 6 GW.
Five project developers launched the Ulsan Floating Offshore Wind Power Council in April last year to facilitate smoother cooperation and joined the Ulsan Chamber of Commerce as special members.
The developers consist of Equinor & Bandibuli Energy, Ocean Winds and Mainstream Renewable Power & KF Wind-East Blue Power, CIP & Haewoori Offshore Wind 1,2,3, BadaEnergy & Gray Whale Offshore Wind Power 1,2,3 and MunmuBaram.
