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Ulsan-si signed LOI with a floating offhshore wind farm company in Portugal

According to Yonhap News,

Ulsan-si announced that its delegation led by Mayor Kim Doo-gyeom visited the WindFloat Atlantic offshore wind farm in Portugal on September 11 (local time) and signed a Letter of Intent (LOI) with OceanWinds.

Ocean Winds, a company specializing in offshore wind energy, is currently carrying out projects in the scale of 4GW (Gigawatt) globally.

The city prepared this agreement to establish a cooperative relationship for its project to create a floating offshore wind farm, a major source of distributed energy, in accordance with the implementation of the 'Special Act on Promotion of Distributed Energy'.

The Windflot Atlantic offshore wind farm that the delegation visited is the world's first facility that proved the potential of floating offshore wind technology commercialization and profitability, and is also the first floating offshore wind project that Ocean Winds undertook.

The offshore wind farm, which is equipped with a floating bottom and three offshore wind turbines of 8.4MW level, is located 100m deep, about 18km away from the coast of Viana do Castelo, Portugal.

It began opreation in 2019 and started commercial operation in 2020, supplying electricity to 25,000 households annually.

The city plans to benchmark cases and operational methods of offshore wind power generation during this visit and through the LOI.

The delegation visited the Operation & Management Base of Windfloat Atlantic on Sep 11, was introduced to the project, and signed the LOI.

Then, the delegation observed the floating offshore wind farm facilities and land substations, which are facilities that change voltages to send electricity generated from the wind farm to customers.

Mayor Kim said, "During this visit, we could witness the best cases of floating offshore wind power at first hands," adding, "Ulsan-si will try to play a leading role in revitalizing the renewable energy industry encompassing wind power, hydrogen, and solar power".

Source Text

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Source: Yonhap News (September 11, 2023)

** This article was translated from Korean.