Discussions on Reducing Generation Costs and Building Supply Chains
Second Vice Minister Lee Hohyun and Professor Kim Beomseok Serve as Co-Chairs
The Ministry of Climate, Energy and Environment has launched the "Public-Private Committee for Strengthening Offshore Wind Power Competitiveness," in which the government, public institutions, domestic and overseas companies, academia, and private-sector experts all participate together. The inaugural ceremony was held on the afternoon of February 26, 2026, at the Korea Chamber of Commerce and Industry in Jung-gu, Seoul.
This is part of the follow-up measures to the "Offshore Wind Power Infrastructure Expansion and Deployment Plan" announced by the ministry on December 10, 2025.
Offshore wind power, compared to other renewable energy sources, is considered a key renewable energy source alongside solar power and onshore wind power, as it is relatively easy to build large-scale power generation complexes and it has stable power generation output.
According to the Global Wind Energy Council (GWEC), offshore wind power capacity installed worldwide stands at 83.2 GW, and the installed volume is expected to reach 441 GW by 2034, more than five times the current level.
In contrast, despite Korea’s favorable conditions such as wide sea areas and good wind speeds, the current deployed capacity is only 0.36 GW due to high development costs and a lack of infrastructure and supply chains. This deployment volume is low compared with the total permitted capacity of 34.3 GW.
To overcome this stagnation in domestic offshore wind deployment and to identify effective ways to accelerate rollout, the ministry plans to form the "Public-Private Committee for Strengthening Offshore Wind Power Competitiveness" with private-sector experts, companies, and academia in the offshore wind sector, and to conduct in-depth discussions on measures such as reducing generation costs and building infrastructure and supply chains.
The Offshore Wind Power Competitiveness Enhancement Committee will be operated as a public-private governance body, benchmarking the successful case of the United Kingdom’s Offshore Wind Industry Council (OWIC).
Second Vice Minister Lee Hohyun of the ministry and Professor Kim Beomseok of Jeju National University will serve as co-chairs. Under them, the committee will consist of three subcommittees: Cost Reduction (Head: Professor Cho Sangmin of Korea Institute of Energy Technology), Supply Chain Development (Head: Kang Geumseok, Wind Power Program Director at the Korea Institute of Energy Technology Evaluation and Planning), and Infrastructure Development (Head: Kim Eunsung, Vice President of Next). Each subcommittee will be composed of 10 to 15 members.
At the meeting chaired by Vice Minister Lee Hohyun following the inaugural ceremony, the participants received reports and held discussions on detailed operating plans for the committee and on the progress of the "Offshore Wind Power Infrastructure Expansion and Deployment Plan" announced on December 10, 2025.
Second Vice Minister Lee Hohyun of the Ministry of Climate, Energy and Environment stated, "Offshore wind power is an energy source that must be utilized to achieve the 2035 Nationally Determined Contribution (NDC) for greenhouse gas reduction and 2050 carbon neutrality," adding, "Based on the discussions of the committee, I hope that Korea’s offshore wind power industry will secure world-class competitiveness and, going beyond its role as a key pillar of the great transition to renewable energy, will establish itself as a future growth engine for the Republic of Korea through export-oriented industrialization."
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