Wind Energy – Anma Wind Project S.Korea
South Korea’s Anma Offshore Wind has been granted final environmental approval for a 532-MW offshore wind project off the country’s southwestern coastline.
The final Environmental Impact Assessment (EIA) was issued by South Korea’s Ministry of Environment following a 15-month-long consultation process, the developer said on Friday.
With the permit in place, Anma plans to take part in an upcoming Renewable Portfolio Standard (RPS) tender for wind power capacity, due to be held later in 2023.
Jake Cho, Project CEO and Representative Director of Anma Offshore Wind, stated: “The closure of the EIA consultation with the Ministry of Environment marks a significant milestone for the Project, the first utility-scale offshore wind project to have achieved this milestone in South Korea. We expect to complete the remaining development works in the coming months and have the Project be in a position to reach financial close in Q1 2024.”
Construction works should be initiated in the first half of 2024, with commercial operations to be targeted by 2027.
To be located around 40 km (25 miles) west of Anma Island in South Jeolla Province’s Yeonggwang municipality, the wind farm will be capable of generating over 1,400 GWh of electricity.
Its annual output is estimated to be enough to meet the demand of 1.4 million South Koreans while offsetting 5.8 million tonnes of carbon dioxide (CO2) emissions.
