Equinor: floating offshore wind project in South Korea
(CercleFinance.com) - Norwegian energy firm Equinor has formed a consortium with State-run Korea National Oil Corporation (KNOC) and Korean power company Korea East-West Power to develop a floating offshore wind project in South Korea.
The consortium plans to carry out a feasibility study for the wind farm, including use of the nearby KNOC-operated Donghae natural gas platform as a substation for a possible wind farm.
Pending results of the feasibility study, the consortium will start constructing the wind farm in 2022, with possible power production start-up in 2024.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The consortium plans to carry out a feasibility study for the wind farm, including use of the nearby KNOC-operated Donghae natural gas platform as a substation for a possible wind farm.
Pending results of the feasibility study, the consortium will start constructing the wind farm in 2022, with possible power production start-up in 2024.
Copyright (c) 2019 CercleFinance.com. All rights reserved.