Gray Whale Phase 1 (BadaEnergy)
Corio, TotalEnergies, and SK Ecoplant form BadaEnergy JV. Korea's leading floating wind programme alongside Bandibuli and Haewoori.
Status
On Holdlifecycle stage
UnlikelyHafrok delivery likelihood
Ownership
Location
South KoreaSea of Japan (East Sea)
Technology
Capacity
510 MW ◇
Turbines
—
Foundation
Floating ◇
Site & conditions
Site rights
Application filed 2021-07 ◆
Water depth
137–152 m ≈
Wind speed
8.3 m/s @ 150 m ≈
Revenue & grid
Offtake
—
Grid
Secured · Oct 2024 ◇
Connection
KEPCO Ulsan transmission grid (345 kV) ◇
Schedule
FID
Not taken
COD · Hafrok
for registered readers
On hold since
Jan 2026 ◇
Delivery outlook modelled by Hafrok · calibrated on delivered projects
UnlikelyHafrok's delivery likelihood for Gray Whale Phase 1 (BadaEnergy)
On hold. Hafrok's view of a restart is for registered readers.
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Project timeline & ownership verified milestones on the spine · ownership from Hafrok's transactions record
2 dated milestones on the spine, each with its source · 3 recorded ownership deals from Hafrok's transactions record · the developer's announced-COD history
For registered readers · register below ↓
Revenue & offtake contract terms, price levels and the route to market
the contract terms on record · price over time in money of the day · the routes to market and the next visible round
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Installation how the build is going · from sourced statements and Hafrok's registers
construction status and turbines standing · vessel and port contracts · the grid connection and whether it is ready in time
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Sources & verification
Rests on 9 sources (1 primary) · ◆ 5 documents held
◆Verified≈Modelled◇Sourced∴Inferred⌁Convention○Unverified∅No source·Derived
Numbers are stable citation ids — grouped by source class, so they are not consecutive.
Operator1
[10]
TotalEnergies Korea2021-07-27◆ 대한민국 해상풍력: GIG-토탈에너지스, '국내 최초' 울산 부유식 해상…
“산업통상자원부 전기위원회는 지난 7 월 23 일 GIG 와 토탈에너지스가 추진하는 설비용량 504MW 규모 울산 부유식 해상풍력 발전사업에 대한 심의·의결을 거쳐 허가했다 .”
supportsConsentSite rightsConsent applied
Auction pipeline1
[12]
기후에너지환경부 (MCEE)2026-10-30◆ kr-mcee-h2-2026-notice
"올해 하반기 해상풍력 경쟁입찰의 총 입찰공고 물량은 2,200MW 내외로 고정식 해상풍력 1,700MW 내외, 부유식 해상풍력 500MW 내외를 각각 공고하며" [...] "고정식 해상풍력의 상한가격은 168.937원/kWh이며, 부유식 해상풍력의 상한가격은 174.003원/kWh으로"
supportsSouth Korea 2026 H2 Offshore Wind Auction
Trade press6
[3]
Offshore Wind (Navingo)2024-10◆ Three More Floating Offshore Wind Projec…
Press report — cited, not quoted; read it at the source link.
supportsDetailStatusConnection pointOfftake history
[4]
Offshore Wind (Navingo)2024-07◆ BadaEnergy Wraps Up EIA Consultation for…
Press report — cited, not quoted; read it at the source link.
supportsoperatordeveloper
[7]
[8]
[9]
[11]
Ulsan Maeil UTV (via Daum)2026-01-14◆ Ulsan floating wind: BadaEnergy withdraw…
Copyrighted source — cited, not quoted; read it at the source link.
supportsOn hold
Unverified import1
[1]
Early access