South Korea may soon host the world's largest floating wind farm

The Equinor Power Plant has formed a consortium with Korea National Oil Corporation and Korea East-West Power to develop a floating offshore wind project.

Equinor announced Thursday that the consortium would undertake a feasibility study for the 200 megawatt project, which would be located off the coast of Ulsan, South Korea.

In anticipation of the results of this study, the construction of a floating offshore wind farm will begin in 2022, with the possibility of a "start of electricity generation" in 2024.

Stephen Bull, executive vice president of New Energy Solutions' wind and low-carbon business at Equinor, said the company was "very pleased to be a member of the partnership involved in the completion of the first floating offshore wind farm. in Asia".

Bull added that if the project were successfully completed, it would be the largest floating wind farm in the world.

Equinor already operates Hywind Scotland, the "first large scale commercial floating offshore wind farm". Located off the coast of Scotland, the facility has a capacity of 30 megawatts and began production in 2017.