Bringing renewable energy and economic opportunities to the local community

Located in Yeonggwang-gun, Jeollanam-do, Anma Offshore Wind’s 532MW of capacity is expected to generate over 1,400GWh of renewable electricity annually.

That is enough energy to provide power to more than 1.4 million South Koreans every year. Anma Offshore Wind will contribute meaningfully to South Korea’s – and the world’s – ambitious sustainability targets. It will also play a vital role in boosting the local economy, supporting fisheries, providing employment opportunities, and growing positive perceptions around renewable energy.

Located in Yeonggwang-gun, Jeollanam-do

Producing 1,400 GWh+ of electricity annually

Supplying electricity to 1.4 million+ South Koreans every year

Eliminating 5.8+ million tons of carbon dioxide annually*

Equivalent to planting and growing 96+ million trees for 10 years*

* compared to coal-fired power plants

South Korea’s clean energy commitment

Amidst growing public concern around environmental pollution and climate change, the international community ratified the Paris Agreement in 2016, with the goal of achieving carbon neutrality by 2050. 

The Renewable Energy 3020 Implementation Plan is the South Korean government’s pledge to join this global effort. It aims to convert 20% of South Korea’s electricity generation to renewable sources by 2030. South Korean corporations are also doing their part – under the RE100 initiative, they have agreed to replace their entire power consumption with renewable sources by 2050. 

South Korea’s message to the world is that transitioning to clean energy is no longer a “nice-to-have”, but a globally recognised responsibility to our planet and to future generations.

Energising South Korea’s offshore wind industry

Offshore wind is vital to achieving these ambitious sustainability targets. Its high energy density and vast expansion opportunities make offshore wind a crucial renewable resource. Fortunately, the South Korean peninsula’s abundance of coastline makes it a natural fit for offshore wind development – and a promising site for renewable energy’s future and growth. 

The 532MW Anma Offshore Wind Project is expected to be one of South Korea’s first utility scale offshore wind projects. Anma Offshore Wind is expected to be a pioneer in the domestic offshore wind industry’s expansion and play an instrumental role in our journey to carbon neutrality by 2050.

Producing renewable electricity for over 1.4million South Koreans– every year

Anma Offshore Wind is a 532MW wind farm project located 40 km west of the South Korean peninsula’s southwestern coastline. The project site is positioned next to Anma-do (“do” means island in Korean), in the Yeonggwang-gun.

The area’s annual average wind speeds represent excellent conditions for the development of offshore wind projects. The permitting processes (including the Environmental Impact Assessment and the Maritime Traffic Safety Assessment) are underway and expected to be concluded in early 2023, with construction scheduled to commence in 2024. Trillions of Korean won will be invested during construction, providing a strong catalyst for the local economy.

We expect the project’s commercial operations to begin by 2027, with operational profits to be shared with the community through a local participation scheme.

Milestones

The following are Anma Offshore Wind’s most significant steps and events so far. Follow our progress as we regularly update the list.

DATE

DESCRIPTION

2029. 1Q

Construction completion date (Plan)

2025. 2Q

Construction start date (Plan)

2023.07

Environmental Impact Assessment Approved

2023.07

Marine Traffic Safety Assessment completed

2022.12

Landscape Review completed

2022.06

Radio Wave Impact Assessment completed

2021.11

Grid Connection Agreement signed (304MW)

2020.11

Cultural Heritage Investigation completed

2020.07

Electricity Business License Approved (304MW)

2020.02

Grid Connection Agreement signed (224MW)

2019.04

Electricity Business License Approved (224MW)

Our community involvement

We’re committed to making a positive impact on our surroundings. Find out about how we’re delivering on our values, and our promises to the local community.

Stay in the loop

Keep up to date with our latest news as Anma Offshore Wind evolves.