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South Korea launches first coal-to-clean energy project

  • Mercados: Coal, Electricity
  • 08/07/26

South Korea has launched its first project to transform a retired coal-fired power plant into a renewable energy hub, as part of its efforts to accelerate the country's clean energy transition.

South Korea's state-owned utility Korea Western Power (Kowepo) signed a joint development agreement with renewable energy developer Vena Energy and Copenhagen Infrastructure Partners for its Taean offshore wind project, it said today.

Kowepo will build a 500MW offshore wind farm in Taean county, with operations scheduled to begin in 2029. The wind farm will operate for about 25 years and reuse the grid infrastructure of the retired Taean 1 coal-fired plant.

The project is expected to create new jobs and help boost the regional economy, Kowepo said. It is also expected to serve as the first phase of the utility's 1.4GW offshore wind cluster in Taean.

The South Korean government will continue pursuing its target of deploying 10.5GW of offshore wind capacity by 2030, climate and energy minister Kim Sung-hwan said.

Kim described the Taean project as a good example of a "just transition" and said the government would continue supporting similar projects through policy measures.

The project comes as South Korea's state-run power utilities are stepping up preparations for the country's coal phase-out. Korea Southern Power (Kospo), for example, last week launched a joint study with climate and energy ministry Mcee and other fellow state-run utilities on repurposing retired coal-fired power assets and workforce.


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