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1 hour ago

South Korea Launches 2.2GW Offshore Wind Auction Including 500MW Floating Projects

South Korea has launched its second offshore wind auction of 2026 for 2.2GW, taking total annual auction volume to nearly 4GW, GWEC said. The tender offers 1.7GW fixed-bottom — 1.4GW general track and 300MW public-led — plus 500MW floating wind. Price caps are KRW 168,937/MWh fixed-bottom land interconnection and KRW 168,913/MWh Jeju, and KRW 174,003/MWh floating land and KRW 173,979/MWh Jeju, down 1.

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