Tuesday 24 November 2020

REAPING THE WILD WIND - OFFSHORE ENERGY GIANT SETS ITS SIGHTS ON SOUTH KOREA


One of Ørsted's UK windfarms - this one off the Cumbrian coast

ONE of the Grimsby area's largest employers, Ørsted, is now also casting its eyes on the Far East.

The offshore wind energy company today announced its intention to develop projects off Incheon City in South Korea.

It says this could provide clean energy for up to 1.4 million households and reduce carbon emissions by almost 4 million metric tons per year, thus making significant contributions to President Moon's recently announced target of achieving net zero emissions by 2050. 

In addition, these South Korean flagship projects would bring multi-trillion won of investment, generate economic activity and create high-quality jobs.

Ørsted, which is based in Denmark, says it has started engagement with local communities and the fishing industry to ensure their voices are being heard and their inputs are incorporated throughout the project development.

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