DNV to support Kepco for offshore power grid development plan in South Korea
DNV is all set to support Korea Electric Power Corporation (Kepco) for the development of an offshore power grid plan in South Korea.
The company is picked as a technical advisor to assist the project which will supply renewable offshore wind power in the country.
Under the project, “DNV will develop a conceptual design and routing plan to enable the technically and economically optimal integration of large-scale offshore wind to the grid,” the company stated.
This offshore wind project is likely to be completed by mid-2025.
The project comes at a time when South Korea has set a target of achieving 20% of its power from renewable sources by 2030.
Meanwhile, wind energy has been a rapidly growing industry as the country aims to grow the wind share of the country’s energy mix from 1% in 2015 to 6% by 2030, a report mentioned.
The government has planned a 8.2GW mega-project which can become the world’s largest single offshore development in 2030.
According to Kepco, it plans to expand its network along the western coast of the country and supply power from renewable offshore wind farm sites.
Yang Byeong Mo, DNV’s project manager, was quoted in a statement, “The Kepco HVDC Research project is increasing our expertise and experience in this growing market segment in South Korea.”
He further stated, “It has taken a year of detailed discussion with Kepco to define and secure the work. The project scope requires close cooperation with our European power grids team, which will lead to technology improvements and boost local knowledge on renewables-grid integration in South Korea.”