South Korea Plans 200-Megawatt Tidal-Power Plant by 2016

Bloomberg reports that South Korea is looking to build a new tidal power plant in Jindo - South Korea Plans 200-Megawatt Tidal-Power Plant by 2016.

South Korea plans to build a tidal- energy plant on the southern tip of the peninsula by 2016, saving an estimated 330,000 metric tons of greenhouse gas emissions a year.

South Jeolla province signed an initial agreement with Korea Electric Power Corp. (KEP), Korea Midland Power Co. and five other companies to build the 200-megawatt plant in Jindo, the provincial government said in an e-mailed statement without giving cost estimates.

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Korean plans for more nuclear power plants delayed or scrapped

The Korea Herald reports that a swathe of nuclear power plants have been cancelled or delayed in South Korea as part of the anti-nuclear backlash following the Fukushima disaster (and the Inchon tidal power project has been delayed for 3 years as well) - Plans for more power plants delayed or scrapped.

The construction of 10 nuclear power plants and one tidal power plant scheduled to be completed between 2013 and 2027 has been either put off or canceled, plant operators said, fanning concerns about power shortages.

The 11 plants, if completed, altogether could have produced about 12.7 million kilowatts of electricity, which accounts for about 6.4 percent of the nation’s power supply.

“We have postponed or canceled some plant construction deals because the government has become more careful about giving out approval after the Fukushima nuclear disaster,” said an official of the Korea Hydro and Nuclear Power Co.

Nuclear plant Sinuljin-1 and Sinuljin-2, originally set to be completed in June 2016 and June 2017 respectively, had their completion date postponed by at least 10 months, after failing to obtain the government approval on time.

The completion date of Sinuljin-3, Sinuljin-4, Sinkori-5 and Sinkori-6 were postponed by one year for failing to obtain the state approval, and Sinkori-7 and Sinkori-8 construction projects were canceled as the company faced difficulties in securing land for the construction site.

The KHNP decided to put off Incheon tidal power plant by about three years to June, 2020, the officials said.

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South Korea to build 2.5 GW offshore wind farm

Ecoseed has a report on a large offshore wind farm planned for South Korea - South Korea to build $9 billion offshore wind farm by 2019.

South Korea's Korea Electric Power Corporation will build a $9 billion, 2.5-gigawatt offshore wind farm off the southwest coast of the Korean peninsula by 2019, the Ministry of Knowledge Economy said in a statement.

According to the ministry, the 51-percent government-owned Kepco will be buying wind turbines from eight local suppliers including Doosan Heavy Industries and Construction, Daewoo Shipbuilding and Marine Engineering, and Hyundai Heavy Industries.
The wind farm project will be built in three phases, beginning with a $355-million demonstration project by 2014 which will consist of turbines having the capacity of between 3 and 7 megawatts.

The second phase 400-MW demonstration project will have an investment of $1.42 billion by 2016. To complete the third phase is a $7.26-billion investment to build a 2-GW wind farm by 2019.

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