Wind energy plays an indispensable role in our society, and this is evident in the efforts of our Asia-Pacific team. They are rapidly fast laying the groundwork for an expected surge in offshore installations in South Korea in the coming years, even if challenges remain and for now it’s onshore that continues to make steady progress.
The Korean government has set lofty objectives to increase renewable energy used in power production to just over 21% by 2030 as it strives to hit its carbon neutral target by 2050. Much of this increase would come from offshore wind energy. But despite talk of a rapid growth in offshore wind beginning back in 2014, commercial scale projects will only begin from 2024 in Korean waters. And while it is set to shortly be overtaken significantly, there are still more onshore wind turbines being installed.
