BadaEnergy strengthens cooperation forthe welfare of residents in Buk-gu, Ulsan   •        BadaEnergy makes donations with 400 commemorative towels for the ‘12th Social Welfare and Voluntary Service Fair,’ held in Buk-gu, Ulsan. •        BadaEnergy seeks cooperative measures to contribute to the local community through a tea meeting with Buk-gu Mayor Park Cheon-dong at the Buk-gu Office on the 15th. •        BadaEnergy: “We are keen on supporting a wide range of activities that can revitalize the local community.”   [October 16, 2024] BadaEnergy, a portfolio of offshore wind projects in South Korea jointly developed by Corio Generation, TotalEnergies, and SK ecoplant, is carrying out various social contribution activities to coexist with residents as a member of the local community.   BadaEnergy, which is developing the 1.5GW Gray Whale floating offshore wind projects (project name: Gray Whale 1,2,3) in the waters off Ulsan, donated commemorative items to the Ulsan Buk-gu Office for the successful completion of the ‘12th Social Welfare and Voluntary Service Fair,’ held in Buk-gu, Ulsan on September 28th.   The fair, sponsored by the Ulsan Buk-gu Office and co-hosted by the Buk-gu Regional Social Security Consultative Body and the Buk-gu Volunteer Center, is an annual local festival aimed at sharing information on social welfare services with residents and raising awareness of the importance of sharing and volunteering within local community.   On Tuesday, BadaEnergy’s Gray Whale Project Ulsan Office Lead Yang Gwon-yeol met with Buk-gu Mayor Park Cheon-dong and exchanged a wide range of ideas on cooperative efforts to contribute to the local community, including residents near the wind farms. At the meeting, the two sides formed a consensus on the fact that the offshore wind power projects would be an important axis in revitalizing the local economy while contributing to creating jobs.   “We hope that the Social Welfare and Voluntary Service Fair was a meaningful event to recognize the efforts of welfare workers and volunteers, as well as provide residents with an opportunity to experience the precious value of sharing,” said BadaEnergy. “We will continue to communicate with local government to support a wide range of activities that meet the needs of the local community and help revitalize the region.”   Buk-gu Mayor Park Cheon-dong said, “I appreciate BadaEnergy for paying more attention to the local community and for participating in this event through donation, which served as a communication platform to reaffirm the true meaning of volunteering and bring local residents together through voluntary activities.”   For the Ulsan Gray Whale floating offshore wind project, which reached a turning point with the completion of its Environmental Impact Assessment (EIA) consultations in July, BadaEnergy is actively communicating with local government and community to build a long-term sustainable business environment, while also striving to forge a mutually cooperative relationship that can contribute to regional development, with the goal of boosting the local economy and creating jobs through offshore wind projects.   Meanwhile, besides the ocean and carbon neutrality education programs for elementary schools in Ulsan, BadaEnergy continues to carry out ESG activities to co-prosper with the local community, including supporting environmental education projects through Community Welfare Center in Ulsan and ChildFund Korea. It is also holding a content contest for college students in Ulsan under the theme of ‘Floating offshore wind projects to co-prosper with the local community’ from March, with an aim to improve the understanding of offshore wind among youths and enhance communication with the local community.     Photo) On the 15th, BadaEnergy’s Gray Whale Project Ulsan Office Lead Yang Gwon-yeol (from left), Consent Lead Jeong Seong-Chae (right), and Buk-gu Mayor Park Cheon-dong (center) are taking commemorative photos after a tea meeting to seek their cooperative measures to contribute to the local community.

  5 Developers of Ulsan Floating Offshore Wind Power reaches Transmission Service Agreement (TSA) for World’s Largest 6GW with KEPCO   [October 10, 2024 – Seoul] The Ulsan Floating Offshore Wind Association announced today that the five developers in the Ulsan Floating Offshore Wind Power Association have signed a Transmission Service Agreement (TSA) for world’s largest 6GW of electricity transmission facilities with Korea Electric Power Corporation (KEPCO). The agreement was signed during a ceremony on October 10th, with KEPCO and the five contracting partners in attendance. The contracting parties are developing five floating offshore wind farms off the coast of Ulsan, including KF Wind (Ocean Winds·Mainstream Renewable Power·Kumyang Electric) 1.125GW, MunmuBaram (Shell·Hexicon) 1.125GW, Haewoori Offshore Wind 1,2,3 (CIP) 1.5GW, Gray Whale Offshore Wind Power 1,2,3 (Corio Generation·TotalEnergies·SK ecoplant) 1.5GW, and Bandibuli Energy (Equinor) 0.75GW.   The agreement between the five developers and KEPCO ensures the connection of a total of 6GW of clean power to the national grid. This will enable the clean energy generated by each floating offshore wind farm to be efficiently transmitted to shore. In particular, the TSA holds significance as each company has secured a commitment from KEPCO to use the transmission network for gigawatt-scale large power generation facilities, several years after obtaining their power generation business permits.   The five developers of Ulsan Floating Offshore Wind Association are aiming to complete grid tapping by the commercial operation date of each project and operate in stages after completing the major milestones required including Power Purchase Agreement for business development. To this end, the companies will focus on optimizing the project development and future operation processes, including permits, design, procurement, construction, and installation.   Austin Park, Chairperson of Ulsan Floating Offshore Wind Association and Project Director for KF Wind said, “This agreement with KEPCO to utilize the transmission facilities marks another significant milestone for our floating offshore wind projects off the coast of Ulsan. We look forward to contributing to achieving Korea’s renewable energy transition goals.”   Kyung-yoon Lee, head of KEPCO’s Busan-Ulsan regional office, said, “The significance of this contract lies in the fact that KEPCO, in cooperation with the developers from the stage of their power generation business permits, closely examined the impact of GW-class offshore wind power generation on the power grid and devised a plan to stably connect it to the power grid.“ He added, “This project will greatly contribute to the realization of our country’s energy transition policy and revitalization of the local economy. Therefore, we plan to actively cooperate so that future projects can be promoted in a timely manner.”   Meanwhile, each developer is actively making progress in the development of their respective sites after achieving approval of their Environmental Impact Assessments, from the Ministry of Environment, Trade and Industry. Upon completion, the Ulsan wind farm cluster is expected to become the world’s largest floating offshore wind area, significantly contributing to Korea realizing its carbon neutral targets as well as fostering offshore wind experts through educational-industrial cooperation, contributing to job creation, and coexisting with the local community throughout the entire development process.    Photo) Five developers in the Ulsan Floating Offshore Wind Power Association have signed a Transmission Service Agreement for 6GW of electricity transmission facilities with Korea Electric Power Corporation, with (from left) Co-Representatives of BadaEnergy Woo-jin Choi, Jung-won Shin, Representative Director of Haewoori Jonathan Spink, Head of KEPCO’s Busan-Ulsan regional office Kyung-yoon Lee, Representative Director of Munmubaram Ju Young-kyu, Project Director for KF Wind Austin Park, and Project Director of Bandibuli Torgeir Nakken in attendance. 

 Maenggoldo Offshore Wind Power Co., Ltd., holds a feast for Maenggoldo residents in South Jeolla Province during seaweed harvesting season   •        A feast was held for the residents of Maenggol Island in Jindo County, South Jeolla Province, in the peak of the summer seaweed harvesting season… Donations including fruits were also delivered to the residents of neighboring East Geocha and West Geocha Islands. •        The event was part of local co-prosperity programs aimed at comforting the residents who have been working hard to harvest seaweeds and to bring the local community together.   [August 9, 2024] A joyful feast was held in Maenggoldo, a small island village located in Jindo County, South Jeolla Province, to offer words of support and comfort to residents working hard to harvest seaweeds.   Maenggoldo Offshore Wind Power Co., Ltd., which is developing a 600MW offshore wind project off the coast of Maenggol Island in Jindo County, South Jeolla Province, announced on the 9th that it held a feast for Maenggoldo residents at the Maenggol Jukdo Village Hall for two days from July 30 to 31.   Maenggoldo Offshore Wind Power Co., Ltd. is one of the offshore wind projects in the waters of South Jeolla Province, promoted by BadaEnergy, a portfolio of offshore wind projects in South Korea jointly developed by Corio Generation, TotalEnergies and SK ecoplant.   Hosted by the Maenggoldo Offshore Wind Promotion Committee and sponsored by Maenggoldo Offshore Wind Power Co., Ltd., the event was organized to entertain residents working hard during the seaweed harvesting season from every mid-July to mid-August, and to create an opportunity for mutual growth with the local community through continuous communication and cooperation.   On this day, the executives and staffs of Maenggoldo Offshore Wind Power Co., Ltd., including Development Director Chun Jin-hyung and Project Manager Heo Yong, attended the event and spent a pleasant time serving festive food and fruit to Maenggoldo residents while keeping them company. Donation items with fruits were also delivered to the residents of neighboring East Geocha Island and West Geocha Island.   “We have always been grateful for the hospitality of the residents whenever we visited the island. This heartwarming event was very meaningful as a venue to comfort the residents who are working hard to harvest seaweeds. We will continue to pay close attention to the local community, communicate with the residents, and strive together for co-prosperity with the region,” Development Director Chun Jin-hyung said.   Meanwhile, Maenggoldo Offshore Wind Power Co., Ltd. is promoting a 600MW offshore wind project in the waters southwestern of ​​Maenggol Island in Jindo County, South Jeolla Province. It obtained the Electricity Business License (EBL) in late November 2023 and has recently embarked on full-scale project development procedures including preparing to submit an evaluation preparation for the Environmental Impact Assessment (EIA).     Photo 1) Maenggoldo Offshore Wind Power Co., Ltd. held a feast for Maenggoldo residents at the Maenggol Jukdo Village Hall in Jindo County, South Jeolla Province, for two days from July 30 to 31.    Photo 2) Maenggoldo Offshore Wind Power Co., Ltd. held a feast for Maenggoldo residents at the Maenggol Jukdo Village Hall in Jindo County, South Jeolla Province, for two days from July 30 to 31.  

 BadaEnergy announces winners of the content contest for college students in Ulsan; Titled ‘Offshore wind together with local community’   •   Eight winners in the video and image categories selected…Top prize winners are Team Jung Jiwoo from the University of Ulsan (The Power of Wind for the Future) in the video category and Team Jang Sihyun from the University of Ulsan (New Changes in Ulsan) in the image category. •   An award ceremony for the contest held in BadaEnergy’s Ulsan Office on June 24…celebrating all winners for their outstanding achievements at the ceremony. •   BadaEnergy : “We have expanded the understanding of future generations on offshore wind and strengthened the consensus on regional development through the contest.”   [June 25, 2024] BadaEnergy, a portfolio of offshore wind projects in South Korea jointly developed by SK ecoplant, TotalEnergies, and Corio Generation, honored the winners of the content contest for college students in Ulsan under the theme of ‘Floating offshore wind together with the local community’ at a ceremony held at its Ulsan Office on June 24.   As part of the local co-prosperity and cooperation program of BadaEnergy, which is carrying out the 1.5GW Gray Whale floating offshore wind project (project name: Gray Whale 1,2,3) off the coast of Ulsan, the contest was organized to ensure future generations’ interest in floating offshore wind development in Ulsan and to discover content with novel perspectives that explore measures to cooperate with the local community including residents and fishermen, as well as the direction of offshore wind development as an economic growth engine for the region.   Held from March 29 to May 31 for college and graduate students in Ulsan, the contest received a total of 25 entries in the video and image categories. A total of eight winners were selected (one for Top Prize, one for Grand Prize, and two for Excellence Prize in each category) after internal screening based on the following criteria: creativity, relevance, and effectiveness. All award-winners are given certificates, prize money, and gifts from BadaEnergy.   The top prize in the video category went to ‘The Power of Wind for the Future: Floating offshore wind together with local community’ (Students Jung Jiwoo, Kim Jinyoung, Park Hyohyun, Ahn Yoon at the University of Ulsan), which parodied a recent press conference that garnered immense attention to wittily explain the necessity of floating offshore wind farms to achieve carbon neutrality by 2050. The grand prize was awarded to ‘Floating Offshore Wind Energy: City of Wind’ (Students Ahn Soyoon, Kang Wijoon at the University of Ulsan), which demonstrated a high level of understanding of Ulsan floating offshore wind projects. Excellence prizes were given to ‘Exploring Eco-friendly Energy with Sea Friend Haewoori: Floating Offshore Wind’ (Students Shin Juhee, Kim Minkyung, Lee Hyowon, Hong Jiwoo at the University of Ulsan) and ‘Pay Attention to Wind’ (Student Lee Byunggyu at the UNIST).   In the image category, ‘New Changes in Ulsan’ (Students Jang Sihyun, Jung Seungwoo, Kim Eunchae at the University of Ulsan) was crowned as the top prize. This work presented new changes that floating offshore wind development would bring to Ulsan through a wide range of business ideas, receiving high marks for its novelty and feasibility in conveying the subject. The grand prize went to ‘Ulsan’s Green Energy, Floating Offshore Wind’ (Students Lee Chaemi, Sung Jimin at the University of Ulsan), which provided the rationale for developing floating offshore wind projects in Ulsan. Excellence prizes were given to 'Ocean Winds: The Ocean's Wish for Carbon Neutrality’ (Students Ahn Geumbi, Kim Yewon, Hyun Yeonji, Park Junsung at the University of Ulsan) and ‘Develop Wind Energy on the Frozen Taehwa River at the Climate Crisis!’ (Student Kim Eunhoo at the UNIST).   “Thanks to the great interest and participation of young students in Ulsan, we were able to discover highly informative and creative content with rich imagination and well-organized stories. We hope that this contest helped future generations better understand floating offshore wind projects in Ulsan and think together about and expand consensus on overcoming the climate crisis and promoting regional development” said BadaEnergy’s Gray Whale Project Ulsan Office Lead Yang Gwon-yeol at the ceremony.  <List of Winners from the content contest for college students in Ulsan under the theme of ‘Floating offshore wind together with the local community’>   ▲Top Prize Winners (one team in each category): (Video category) The Power of Wind for the Future: Floating offshore wind together with local community (Students Jung Jiwoo, Kim Jinyoung, Park Hyohyun, Ahn Yoon at the University of Ulsan) (Image category) New Changes in Ulsan (Students Jang Sihyun, Jung Seungwoo, Kim Eunchae at the University of Ulsan) ▲Grand Prize Winners (one team in each category): (Video category) Floating Offshore Wind Energy: City of Wind (Students Ahn Soyoon, Kang Wijoon at the University of Ulsan) (Image category) Ulsan’s Green Energy, Floating Offshore Wind (Students Lee Chaemi, Sung Jimin at the University of Ulsan) ▲Excellence Prize Winners (two teams in each category): (Video category) Exploring Eco-friendly Energy with Sea Friend Haewoori: Floating Offshore Wind (Students Shin Juhee, Kim Minkyung, Lee Hyowon, Hong Jiwoo at the University of Ulsan) / Pay Attention to Wind (Student Lee Byunggyu at the UNIST) (Image category) Ocean Winds: The Ocean’s Wish for Carbon Neutrality (Students Ahn Geumbi, Kim Yewon, Hyun Yeonji, Park Junsung at the University of Ulsan) / Develop Wind Energy on the Frozen Taehwa River at the Climate Crisis! (Student Kim Eunhoo at the UNIST)     Photo 1) BadaEnergy held an awards ceremony for the content contest for college students in Ulsan under the theme of ‘Floating offshore wind together with the local community’ on June 24.   Photo 2) Part of the top prize-winning entry in video category of the content contest for college students in Ulsan under the theme of ‘Floating offshore wind together with the local community’    Photo 3) Part of the top prize-winning entry in image category of the content contest for college students in Ulsan under the theme of ‘Floating offshore wind together with the local community’

 “Let’s explore ocean energy through hands-on experiences” BadaEnergy conducts marine energy education campaign: ‘Together with Ocean’ in collaboration with KOSM   •   BadaEnergy and the National Ocean Science Museum staged a local ESG education campaign ‘Together with Ocean’ at an elementary school located in Buk-gu, Ulsan. •   A lecture on marine energy such as tidal and offshore wind, along with a hands-on session making wind-powered LED lighthouses aroused students’ scientific interest.   [2024. 05. 20] BadaEnergy, a portfolio of offshore wind projects in South Korea jointly developed by Corio Generation, TotalEnergies and SK ecoplant, announced on May 20 that it conducted a marine energy education campaign, titled ‘Together with Ocean,’ at an elementary school located in Buk-gu, Ulsan in collaboration with the National Ocean Science Museum (Director Kim Oe-cheol).   Marking the third year in a row, the campaign ‘Together with Ocean’ (Subtitled: Ocean #We Promise You #We are With You), is a representative local ESG program of BadaEnergy, which is carrying out 1.5GW floating offshore wind projects off the coast of Ulsan. This educational campaign is designed for future generations fighting against climate crisis, to learn about eco-friendly energy including wind and to encourage them to take an active interest in carbon neutrality and marine environmental protection. This program is conducted in collaboration with the National Ocean Science Museum (KOSM) every year.   The campaign provided two classes of sixth graders at the elementary school in Buk-gu, Ulsan, with education and hands-on sessions to foster better understanding and scientific interest in marine energy.   In the first session, the KOSM, the only institution in Korea that offers education and exhibitions of marine science, introduced a variety of types and concepts of marine energy such as tidal, offshore wind, and ocean thermal energy, under the theme of ‘Let’s Explore Marine Energy with the Turtle Ship of Korean admiral Yi Sun-shin.’ During the second session for hands-on experiences, the students had a fun time understanding the principles of wind turbines more easily by making a wind-powered LED lighthouse model and competing to keep the lighthouse’s LED light bulbs on by mouth blowing.   On the same day, BadaEnergy also delivered to students a set of eco-friendly school supplies from a local zero-waste shop in Ulsan. By using eco-friendly products that minimize plastic waste discarded into landfill or the nature environment including oceans, the students recognized the zero-waste culture again and developed a consensus on the necessity to put carbon neutrality into practice as well as reduce their carbon footprint by using local stores.   “We have witnessed better responses from students participating in the campaign since it consists of both an education class that is tailored to students’ learning level and hands-on activities to raise their interest,” said BadaEnergy, which has been sponsoring the campaign for three years. “Since Ulsan is a city where one of the world’s largest floating offshore wind farms is being developed, we will also take responsibility as a member of the local community and strive to increase ESG program opportunities for future generations.”   Lee Beom-seok, a senior researcher at the KOSM, said, “The campaign provided great opportunity to inform younger generations of the importance of renewable energy that can be obtained from the ocean, and starting in Ulsan, we’ll further expand an ’Ocean Science Museum Outreach’ education program starting from September.”   Meanwhile, in addition to the ocean and carbon neutrality education programs for elementary schools in Ulsan, BadaEnergy continues to carry out ESG activities to co-prosper with the local community, including supporting environmental education projects through Community Welfare Center in Ulsan and ChildFund Korea. It is also holding a content contest for college students in Ulsan under the theme of ‘Floating offshore wind projects to co-prosper with the local community’ from March, with an aim to improve the understanding of offshore wind among youths and enhance communication with the local community.    Photo 1) BadaEnergy conducted marine energy education campaign ‘Together with Ocean’ with the KOSM at the elementary school located in Buk-gu, Ulsan, on May 17.   Photo 2) BadaEnergy conducted marine energy education campaign ‘Together with Ocean’ with the KOSM at the elementary school located in Buk-gu, Ulsan, on May 17.