JEOLLABUK-DO < invest Korea

According to Yonhap News,

The Ministry of Trade, Industry and Energy (MOTIE) designated the offshore wind power generation project in the southwest region of Jeollabuk-do and the floating solar power generation project at Imha Dam in Andong-si, Gyeongsangbuk-do as a new and renewable energy cluster complex on December 15.

The offshore wind power generation project in the southwest region of Jeollabuk-do, pushed for in Buan-gun and Gochang-gun offshore has the capacity of 2.4GW in total, consisted of pilot complex (400MW) and diffusion complex (1st stage 800MW, 2nd stage 1,200MW).

Andong Imha Dam floating solar power project, which is currently pushed for in the scale of 45MW on the water surface of Andong Imha Dam, is the largest among the floating solar power projects currently underway at the multi-purpose dams.

A cluster complex is an area that promotes new and renewable power generation projects (more than 40MW) by discovering locations led by local governments or by operating a public-private council to secure residents' acceptance. When local governments apply after meeting requirements, it will be evaluated by the evaluation committee, and reviewed and approved by the new and renewable energy policy deliberation council.

Both projects are promoted as a residents-participating type, and the MOTIE plans to support the Renewable Energy Certificate (REC) weight to local governments designated as cluster complexes to ensure the profits from the projects be returned to the local community.

Meanwhile, the MOTIE has revised and announced guidelines for cluster complexes to include details on the composition and operation of the public-private council.

lucid@yna.co.kr

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Source: Yonhap News (December 15, 2021)