Five offshore wind developers sign mutual cooperation agreement with fishing communities   •   The MoU was signed by Ulsan Suhyup(National Federation of Fisheries Cooperatives), the Ulsan Floating Offshore Wind Power Fishermen’s Countermeasures Committee and the Ulsan Floating Offshore Wind Association representing five offshore wind developers •   To develop a model for community cooperation that includes securing local acceptance, strengthening collaboration to speed up development and minimize the timeline •   Formation and operation of a local council for cooperation     [April 23, 2024] Five developers involved in the Ulsan floating offshore wind project site, along with the Ulsan floating offshore wind power fishermen’s countermeasures committee, and Ulsan Suhyup, have signed a cooperation agreement, accelerating the construction of what is anticipated to be the world’s largest floating offshore wind farm cluster.   On 23rd of April, the parties involved gathered at the Ulsan Chamber of Commerce and Industry to sign the agreement, which aims to expedite the project by fostering cooperation throughout all phases of development, including but not limited to conducting onshore and offshore surveys, acquisition of permits and approval, securing resident support, construction, operation, and maintenance. This partnership is expected to minimize development time and facilitate quicker project progression, generating clean energy from the offshore wind cluster faster.   A key focus of the agreement is to strengthen community relations A cooperative model is being developed to solidify this relationship, which includes engaging stakeholders to gather their insights.   Ulsan Fisheries Cooperative will play a critical role in the consultation and coordination process between the five offshore wind developers and the Ulsan Floating Offshore Wind Power Fishermen’s Countermeasures committee for the success of the Ulsan floating offshore wind power project and will also actively reflect the interests of other fishermen's organizations   The Chairperson of Ulsan Floating Offshore Wind Power Fishemen’s Countermeasures Committee Si Hyan OH said “Our fishermen have been deeply divided and embroiled in conflicts, but the recent mutual cooperation agreement provides a foundation to unite them once again. Going forward, we are committed to actively listening to the fishermen's input and integrating it into our mutual benefit programs to ensure that we prosper together in a tangible way.”   The chairman of the Ulsan Chamber of Commerce, Yeon Chul LEE said in his congratulatory speech, “The Countermeasures Committee and the Ulsan Fisheries Cooperative are working hard to gather stakeholders’ opinions, and the developers are ensuring that all aspects of the project are well-managed. We hope that the floating offshore wind industry will stabilize in the local economy and that Ulsan will emerge as a hub for energy transition.”   The Chairperson of Ulsan Floating Offshore Wind Association (Project Director for KF Wind) Austin Park expressed optimism that this agreement will serve as a model for community-focused development and contribute significantly to the regional economy. He also highlighted the projects’ potential to help Korea achieve its carbon neutrality goals and strengthen the nation's industrial competitiveness by providing stable renewable energy to exporting companies.   The Ulsan floating offshore wind cluster, located about 60-100km east of Ulsan in Korea’s Exclusive Economic Zone, plans to have a total capacity of up to 6GW. In April last year, five project developers launched the Ulsan Floating Offshore Wind Power Council to facilitate smoother cooperation and joined the Ulsan Chamber of Commerce as special members. The developers, backed by global companies known for their safety and efficiency, consist of Equinor & Bandibuli Energy, Ocean Winds and Mainstream Renewable Power & KF Wind-East Blue Power, CIP & Haewoori Offshore Wind 1,2,3, BadaEnergy & Gray Whale Offshore Wind Power 1,2,3 and Munmubaram. Photo) (From left) Project Director of Bandibuli (Equinor) Torgeir Nakken, Representative Director of Haewoori (CIP) Jonathan Spink, Chairperson of Ulsan Floating Offshore Wind Association and Project Director of Korea Floating Wind (Ocean Winds and Mainstream Renewable Power) Austin Park, BadaEnergy Gray Whale Project Ulsan Office Lead Gwon-yeol Yang, Chairperson of Ulsan Chamber of Commerce in Korea (UCCI) Yeon Chul LEE, Chairperson of Ulsan Floating Offshore Wind Power Fishermen’s Countermeasures Committee and Chairperson of Ulsan Suhyup Si Hyan OH, Representative Director of Munmubaram Young Kyu JU, and Co-Chairperson of Ulsan Floating Offshore Wind Power Fishermen’s Countermeasures Committee Soo Man Park are taking a commemorative photo after signing the MOU.

 [Interview] Guillaume Le Maréchal, BadaEnergy's Project Director of Gray Whale 3  “We expect to bring Korean-style floating offshore wind structuresto the overseas markets and finally lead the global market”   n   BadaEnergy will develop and apply cutting-edge engineering technology through one-team spirit n   Offshore wind development will drive job creation and revitalization of local economy     [Korea Land Daily | Jo Seong-gu] The Korea Land Daily met with Guillaume Le Maréchal, BadaEnergy's Project Director of the Gray Whale 3 floating offshore wind project, to learn more about floating offshore wind energy, dubbed as next-generation technologies.   - Why is a floating offshore wind considered a next-generation technology?   ▲ It literally refers to the installation of wind turbines on a body floating in the sea. It can be set up in further offshore and in deeper waters with a depth of more than 100 meters, making it possible to efficiently produce electricity, as it benefits from stronger and more regular winds. Floating offshore wind energy is the next-generation clean energy suitable for building a massive-scale power complex because it is located far from the coast, which reduces impact on the marine ecosystem and inconvenience to residents. In order to maintain a floating turbine that continues producing electricity in a turbulent sea environment and weather, advanced technologies and strategies are required. For now, large-scale commercial floating offshore wind farms are in their early stages of development.   - Why are three companies, TotalEnergies, Corio and SK Ecoplant jointly developing floating offshore wind farms in Korea?   ▲ Geographically, Korea is surrounded by the sea on three sides, and industrially, has full-fledged shipbuilding, marine, and heavy industries, making itself one of the world’s most attractive locations with great potential for offshore wind energy. In order to carry out large-scale offshore wind projects, which must be approached from a long-term perspective, we have determined that a special partnership is needed in consideration of the characteristics of ‘floating’ and the Korea’s distinctive circumstances. Corio Generation is a specialist offshore wind developer that has developed offshore wind farms in a variety of regions around the world, with the world's largest project pipeline of more than 30 gigawatts (GW), while TotalEnergies specializes in a variety of floating facilities based on Oil and Gas expertise accumulated for a century in the energy field and has an in-depth understanding of Korean shipyards. SK ecoplant is Korea's leading developer that has expertise in civil, electrical, and maritime construction, as well as possesses a close relationship with the supply chain in Korea. The tripartite partnership can create synergy optimized for the success of offshore wind projects.   - What differentiates the Gray Whale Floating Offshore Wind Project?   ▲ Constructing and operating offshore wind farms involve not only the turbine industry but also a variety of technologies and industries. BadaEnergy seeks to build a new industrial ecosystem through active cooperation with Korean companies to forge a one-team spirit based on best localization strategy for all stages of the offshore wind project. In line with the abovementioned efforts by BadaEnergy to take into account Korea’s characteristics, local businesses that are well aware of the regional characteristics can provide solutions more suitable for the region in terms of engineering, enabling efficient development. For the Gray Whale 3, a project with the first phase being carried out, we have worked together with HD Hyundai Heavy Industries (HHI), starting in the process of the front-end engineering design (FEED). All of us, including BadaEnergy team, are striving together to achieve the most optimized design and industrialization that consider every aspect from the shipyards, and installation constraints.   - What are your plans (remaining procedures) and missions in the Korean wind market? W ▲ We are continuing to work together with HHI and Turbine manufacturer, as a task force, to detail the construction processes and lower the price and optimize schedule. We are also working on the FEED of the export system (onshore and offshore). At the end of last year, we submitted the final report of environmental impact assessment (EIA) on the Ulsan floating offshore wind projects—Gray Whale 1, 2, 3—to the government concerned. An EIA is a process of evaluating the potential environmental impacts of a proposed project or development and taking measures to decrease the impacts. BadaEnergy strives to know more about stakeholders, including villagers, and aims for a mutually cooperative relationship that can contribute to the development of the local economy. Offshore wind projects, including the Gray Whale, can serve as a future growth engine that will create jobs and revitalize the local economy. We hope that relevant Korean businesses will participate in the floating offshore wind projects and sharpen their competitive edges in the field, thereby becoming stepping stones to lead the vast global market.  Link to the original article.  

 [Feature] BadaEnergy propels momentum for floating offshore wind projects in Ulsan   •     BadaEnergy partners with local companies to develop floating offshore wind using leading-edge engineering technology…To achieve sustainable future •     BadaEnergy aims to enhance global competitiveness based on best localization strategies at all stages of business •     Following Ulsan offshore wind project, BadaEnergy obtained EBLs for the Geomundo and Maenggoldo offshore wind project in South Jeolla Province…Gained momentum in business  Aerial view of the BadaEnergy offshore wind farm.   [Korea Land Daily | Jo Seong-gu] BadaEnergy is a joint venture developed by Corio Generation(‘Corio’), a global specialist offshore wind developer, TotalEnergies, a global multi-energy company, and leading South Korean company SK ecoplant as ‘one team’ for offshore wind businesses in Korea.   BadaEnergy’s portfolio consists of floating and fixed-bottom offshore wind projects in Ulsan and South Jeolla Province (Geomundo and Maenggoldo) with a combined capacity of over 2GW.   If completed, BadaEnergy’s offshore wind farms are expected to reduce more than 4.3 million tons of carbon dioxide on an annual basis.   The Ulsan Gray Whale floating offshore wind project 1, 2 and 3, which were granted EBLs from the Electricity Regulatory Commission for the first time in Korea, aim to construct 1.5GW sized offshore wind farms in public waters off the coast of Ulsan.   Once all phases are completed, the wind farms are expected to be one of the world’s largest floating offshore wind farms that will supply clean energy to 1,820,000 households. That's enough to power every household in Ulsan and Busan.   Ulsan has world-class shipbuilding and heavy industries infrastructure, making it the city with the most suitable environment for floating offshore wind development.   Such an industrial environment is highly esteemed, as it is expected to play a leading role in all stages of the floating offshore wind development, as well as revitalize the stagnant local economy and contribute to job creation.   BadaEnergy worked hard establishing a collaboration system with the domestic supply chain.   For the first phase of the projects, Gray Whale Project 3 selected HHI partnering with Doris Engineering as Front-End Engineering Design (FEED) contractor to perform FEED services for floater, mooring and inter-array cables in August 2022, and selected HD Hyundai Heavy Industries as the preferred bidder for EPC (Engineering, Procurement, and Construction) in November 2023.   BadaEnergy, HHI, and Vestas are now collaborating in a task force with the aim to further optimize design and industrialization of the execution plan of the fabrication, integration, and installation of the 33 floating turbines.   Also, KEPCO E&C is conducting FEED for onshore power supply system of the Gray Whale 3 including onshore cable route design and onshore substations.   BadaEnergy will soon send Call for Tender for the offshore export system composed of the offshore substation, and export electrical cable to worldwide contractors including well known Korean key players.   In this process, BadaEnergy utilizes the relevant know-hows that Corio and TotalEnergies have accumulated in the global renewable energy market and SK ecoplant’s expertise in EPC for the Korean and overseas marine and port construction, which will create the best possible synergy with domestic businesses.   BadaEnergy contributes to carbon neutrality by accelerating the development of offshore wind projects. It also strives to build an offshore wind industry ecosystem in Korea, foster mutual growth with the local community, and achieve a sustainable future.   BadaEnergy touts its policy of ‘localization at all stages and building a new energy ecosystem’ as the keynote of its offshore wind projects. Funds from Korean investors will be invested in the projects, and Korean companies will play a leading role in the project progress.   The personnel needed for the projects are hired directly in Korea. BadaEnergy plans to contribute to the creation of jobs and added value in the local community by working with Korean companies as a team at all stages from development to construction and operation to establish a supply chain for the Korean offshore wind industry.   To promote the circulation of human resources, BadaEnergy has signed industry-academia cooperation partnerships with University of Ulsan (UoU) and Ulsan National Institute of Science and Technology (UNIST) to cultivate offshore wind talents, hires talents through a variety of processes such as internships, and trains them to grow into offshore wind experts by providing professional education and job opportunities.   BadaEnergy participated in UoU’s Regional Industry Development Fund for UoU’s bid to win the Glocal University 30 project last year.   Since BadaEnergy, UNIST and Ulsan Metropolitan City signed a memorandum of understanding (MOU) for industry-university cooperation for the Ulsan floating offshore wind project in 2021, BadaEnergy has granted scholarships and given lectures on offshore wind power technologies and management every semester in an effort to foster future local talents for offshore wind.   BadaEnergy also has ran a six-month internship program. In 2023, one intern was recruited as a full-time employee.   BadaEnergy is carrying out environmental and social impact assessment in line with the laws of Korea and international standards (IFC Performance Standard, EP4) to ensure its offshore wind projects to be environmentally responsible.   One of its core values is developing projects that fulfill environmental and social responsibilities, such as studying coexistence with fishermen and investigating impacts on the fisheries industry through collaboration with relevant government ministries, research institutes, and local universities.   As part of efforts to strengthen its responsibility and commitment to a sustainable future, BadaEnergy is participating in local community activities and actively engaging in environmental education and cultural activities for future generations. It is making donations and joining environmental cleanup activities through cooperation with welfare centers, science museums and other local organizations.   BadeEnergy has conducted the campaign from 2022, titled ‘Together with Ocean,’ where students can learn the significance of carbon neutrality and marine environmental protection in collaboration with the National Ocean Science Museum.   The campaign was conducted at Okseo Elementary School and Myeongchon Elementary School in Ulsan. As an ongoing local ESG program, it aims to raise awareness about the importance of climate crisis and carbon neutrality for future generations.   In addition, BadaEnergy sponsored the eco-friendly program ‘Eco Mom! Happy Kids!’ and participated in an activity to clean up the Yeocheon Stream operated by the Ulsan Nam-gu Community Welfare Center. It also sponsored the production of ChildFund Korea’s environmental education kit ‘Bag to the Green.   Meanwhile, BadaEnergy obtained an electric business license (EBL) for the Maenggoldo offshore wind project last year from the Electricity Regulatory Commission under the Ministry of Trade, Industry, and Energy, which is the last part of its portfolio, following the Ulsan floating offshore wind projects (project name: Gray Whale 1, 2,3) and Geomundo offshore wind project in South Jeolla Province. Now, all of its five projects have gained momentum.   In South Jeolla Province, BadaEnergy is developing offshore wind farms of approximately 500MW and 600MW in two locations, Geomundo and Maenggoldo, respectively.   In order to sufficiently communicate with local residents and fishermen from the early stages of the projects, BadaEnergy has signed a co-prosperity agreement with the Geomundo, Maenggoldo, and Geochado (East and West Geocha Islands) Offshore Wind Promotion Committees and been actively communicating and exchanging with the local communities. Link to the original article.   

BadaEnergy holds a content contest for college students in Ulsan; Titled ‘Offshore wind together with local community’   •        As part of co-prosperity program of Gray Whale floating offshore wind project jointly developed by SK ecoplant•        A content contest under the theme of ‘Floating offshore wind projects to co-prosper with the local community’ being held from March 29 to May 31•        Any students of colleges and graduate schools located in Ulsan can participate in the contest by submitting video or image works•        BadaEnergy : “We are keen and eager to reflect opinions and ideas by youths into the development of offshore wind projects to have common grounds with the local community.”  March 29, 2024 – BadaEnergy, a portfolio of offshore wind projects in South Korea jointly developed by SK ecoplant, TotalEnergies, and Corio Generation, holds a content contest for college students in Ulsan under the theme of ‘Floating offshore wind projects to co-prosper with the local community.’The contest designed by BadaEnegy, which is carrying out Gray Whale 1,2,3 floating offshore wind projects off the coast of Ulsan, aims to raise the understanding of the projects through contents containing young people's novel perspectives and vivid ideas, thereby exploring ways to cooperate with residents, fishermen, and the entire local community. For participation, individuals or teams consisting of four or less are required to create and submit video or image work on the following subtopics: ▲Floating offshore wind technology for a sustainable future in Ulsan; ▲Necessity and urgency of offshore wind energy to achieve carbon neutrality in the era of climate crisis; ▲Necessity of floating offshore wind farms as new growth engines for the local community.Any student of colleges and graduate schools located in Ulsan can participate in the contest. Applications will be received from Friday, March 29 to 6 p.m. on Friday, May 31. Participants are required to submit their works, along with the written application downloaded from the BadaEnergy official website’s events notice board (www.badaenergy.co.kr), to its official email address.To help participants produce higher-quality contents, BadaEnergy will hold Open Q&As for five days from May 6 to 10. Any inquiry is allowed, for example, into information about offshore wind energy and feedback on work plans.After submitted works are evaluated, a total of eight winners in the video and image categories will be selected. The winners will be awarded certificates and a certain amount of prize money.“We are aware that the younger generation is more concerned than anyone else with addressing the climate crisis and local community issues. Through this contest, we hope that Ulsan students will be able to freely express their opinions and ideas including policy suggestions about the development of floating offshore wind farms in Ulsan,” says SK ecoplant Representative Heo Yong, an organizer of the contest. “We are keen and eager to reflect young people’s ideas and suggestions into the offshore wind projects to have common grounds with the local residents.”BadaEnergy continues to expand its industry-academic cooperation programs with the Ulsan National Institute of Science & Technology (UNIST) and the University of Ulsan to foster local talents in offshore wind, and is actively conducting environmental, social and governance (ESG) activities for future generation environmental education and regional co-prosperity in Ulsan, including the ‘Together with Ocean,’ a carbon-neutral education campaign for elementary school students.Photo) Poster of the Offshore Wind Content Contest for college students in Ulsan

BadaEnergy shares warmth with residents on Maenggol and Geocha Islands in South Jeolla Province in celebration of the festive season  •        BadaEnergy makes donations worth KRW 20 million for the residents of Maenggol Island, West Geocha Island, and East Geocha Island in Jindo County, South Jeolla Province•        Donations including rice cookers and beddings delivered to residents in the Maenggol Islands, where BadaEnergy is developing a 600MW offshore wind project•        BadaEnergy : “We are keen to the voices of residents and will continue to strive moving forward for co-prosperity with the local community.”  [2023. 12. 29] BadaEnergy has shared warmth with the residents of islands in Jindo County, South Jeolla Province in celebration of the festive season.BadaEnergy, a portfolio of offshore wind projects in South Korea jointly developed by Corio Generation, TotalEnergies and SK ecoplant, announced on December 29 that it delivered donations including rice cookers and beddings worth about KRW 20 million to the residents of Maenggol Island, West Geocha Island, and East Geocha Island in Jindo County, South Jeolla Province for three days from December 27 to 29.BadaEnergy is currently promoting a 600 MW offshore wind project in the waters southwestern of Maenggol Islands.“We have prepared donation items hoping that the residents would have a warm year-end and a happy new year, breaking through the cold winter, and it is rewarding for us to receive a heartfelt welcome.”, BadaEnergy said at the delivery ceremony.  “In addition to donations, we have been keen to the voices of residents to find out the ways that would contribute to the benefit of the local community and will continue to strive moving forward for co-prosperity with the community”, it added.BadaEnergy also made a donation worth KRW 10 million for Jindo County in the mid-December as a member of the Jindo Offshore Wind Association, as part of its efforts to promote the mutual prosperity in the region.Photo) BadaEnergy made donations for residents of Maenggol Island, West Geocha Island, and East Geocha Island in Jindo County, South Jeolla Province for three days from December 27 to 29.