Incheon Offshore Wind Farm (Ørsted/KOEN)
Located in the Yellow Sea west of Incheon. Ørsted's only remaining Korean project after exiting other markets. KOEN partnership strengthens local content.
Status
Early Developmentlifecycle stage
PossibleHafrok delivery likelihood
Ownership
Ørsted ◇Location
South KoreaYellow Sea
Technology
Capacity
1,400 MW ◇
Turbines
—
Foundation
—
Site & conditions
Site rights
Application filed 2023-11 ◆
Water depth
6–25 m ≈
Distance from shore
70 km ◇
Wind speed
7.2 m/s @ 150 m ≈
Revenue & grid
Offtake
Other ◇
Grid
—
Schedule
FID
Not taken
COD · Hafrok
for registered readers
Delivery outlook modelled by Hafrok · calibrated on delivered projects
PossibleHafrok's delivery likelihood for Incheon Offshore Wind Farm (Ørsted/KOEN)
The developer has stated no date. Hafrok's year, the chance and the working are for registered readers.
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Project timeline & ownership verified milestones on the spine · ownership from Hafrok's transactions record
1 dated milestone on the spine, each with its source · the ownership chain from Hafrok's transactions record · the developer's announced-COD history
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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 10 sources (2 primary) · ◆ 3 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.
Operator2
[5]
Ørsted Korea2026-02-23◆ Orsted Korea newsroom release 2026-02-23…
“Located approx. 70 km off the coast of Incheon, Korea, the project is licensed for 1.4 GW; (Incheon Offshore Wind 1: 800MW, Incheon Offshore Wind 2: 600MW). The project is progressing through environm…”
supportsdeveloper
[11]
Incheon Metropolitan City (인천광역시)2024-02-28◆ 인천시, 오스테드와 해상풍력산업 기반 구축에 협력
“오스테드는 지난해 11월 인천해역과 인근 배타적경제수역(EEZ)에서 1.6GW 규모의 인천 해상풍력 1호,2호 발전 사업 허가를 받았다.”
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
[2]
Offshore Wind Biz2025-09-29
Press report — cited, not quoted; read it at the source link.
supportsTotal capacity
[6]
[7]
Offshore Wind Biz2025
Press report — cited, not quoted; read it at the source link.
supportsTotal capacityDistance from shore
[8]
[9]
windfair (Ørsted press release)
Press report — cited, not quoted; read it at the source link.
supportsMechanismDetailOfftake history
[10]
Unverified import1
[1]
unknown
Press report — cited, not quoted; read it at the source link.
supportsTotal capacityWater depthDistance from shoreCoordinates
Early access