RWE is exploring floating wind offshore South Korea
RWE eyes South Korea offshore wind project
German company agrees with Ulsan Metropolitan City to cooperate on development of floating project with a capacity of up to 1.5GW
German energy company RWE has agreed to work with South Korea’s Ulsan Metropolitan City to potentially develop a floating offshore wind project with up to 1.5GW of capacity. RWE joins a growing list of several European energy companies exploring large-scale wind projects offshore South Korea in recent months, and highlights the Asian country’s status as one of the fastest-growing markets in the sector. The country’s goal is to scale up offshore wind capacity to 12GW and for renewables to account for 30pc of the energy mix by 2030. “South Korea’s excellent wind resource, in combination with deep waters close to energy demand, poses a great opportunity for floating wind,” says Sven Utermoehlen
Also in this section
9 January 2026
A shift in perspective is needed on the carbon challenge, the success of which will determine the speed and extent of emissions cuts and how industries adapt to the new environment
2 January 2026
This year may be a defining one for carbon capture, utilisation and storage in the US, despite the institutional uncertainty
23 December 2025
Legislative reform in Germany sets the stage for commercial carbon capture and transport at a national level, while the UK has already seen financial close on major CCS clusters
15 December 2025
Net zero is not the problem for the UK’s power system. The real issue is with an outdated market design in desperate need of modernisation
