Mainstream Renewable Power and Ocean Winds project secures grid connection for 1.1 GW floating offshore wind farm in South Korea [Yahoo! Finance]
Korea Electric Power Corporation (KEP)
US:NYSE Investor Relations:
home.kepco.co.kr/kepco/en/ntcob/list.do?boardcd=brd_000242&menucd=en03040201
Company Research
Source: Yahoo! Finance
FORNEBU, Norway Oct. 10, 2024 The agreement covers the first phase of the project, East Blue Power (375 MW) and the second phase, KF Wind (750 MW) with the interconnection point for the project located at KEPCO's Shinonsan onshore station in Ulsan. Grid interconnection will enable the efficient transmission of the clean energy generated by the KF Wind floating wind project of around 1,125 MW of installed capacity to the mainland, ensuring a stable and reliable power supply while maximizing the project's contribution to the overall energy grid. KF Wind is actively making progress in the development of its sites after achieving approval of the Environmental Impact Assessments from the Ministry of Environment, Trade and Industry. Upon completion, the Ulsan floating offshore wind farm cluster, which includes KF Wind and totals around 6 GW, is expected to become the world's largest floating offshore wind area, significantly contributing towards Korea realizing its carbon neutral tar
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News
- Korea Electric Power Corporation 2024 Q3 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
- SPPC awards 7.2GW contracts to consortiums [Yahoo! Finance]Yahoo! Finance
- KF Wind finalises TSA for South Korean floating offshore wind [Yahoo! Finance]Yahoo! Finance
- Kepco falls after freezing electricity rates, threatening more financial strain [Seeking Alpha]Seeking Alpha
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KEP
Sec Filings
- 11/21/24 - Form 6-K
- 11/21/24 - Form 6-K/A
- 11/20/24 - Form 6-K
- KEP's page on the SEC website