KF Wind, a floating offshore wind project being developed off the coast of Ulsan, has secured a Transmission Service Agreement (TSA) with Korea Electric Power Corporation (KEPCO) for a total of 1,125 MW of clean power to be injected into Korea’s national grid.
The agreement covers the first phase of the project, East Blue Power (375 MW), and the second phase, KF Wind (750 MW), with the interconnection point for the project located at KEPCO’s Shinonsan onshore station in Ulsan.
KF Wind is a joint venture owned by Ocean Winds (66.7 percent) and Mainstream Renewable Power (33.3 percent). The project is currently in advanced development stages, having obtained exclusive rights through two Electric Business Licences (EBL) in 2022. KF Wind has also secured Environmental Impact Assessment approval from the Ministry of Environment for the entire two-phase project and completed its geo-technical survey for the first phase, East Blue Power.
