Policy & Legal Framework
Central Policy & Auctions
National plans and roadmaps together with auction schedules, price ceilings and evaluation guidelines.
How projects are selected
A licence does not bring revenue. Offshore wind projects reach a bankable position by winning a fixed price competitive auction that carries a 20 year offtake, run by the Korea Energy Agency under the Renewable Portfolio Standard. Certificates carry higher multipliers the further offshore and the deeper the site, which is how the scheme rewards the harder locations.
Under the Special Act a second track opens alongside it: operators are selected by competitive bidding within designated development zones. The two tracks now run in parallel, and which one a project sits on determines both its timetable and what it must prove.
Entries
| Date | Document | Source / agency | Korean original Free members | English translation Premium members |
|---|---|---|---|---|
| 2026-10-06 | KS certification product examination fee support changes for 20262026년 KS인증 제품심사 수수료지원 변경 공고The government has announced modifications to the fee support structure for KS (Korean Standards) certification product examinations effective in 2026. This adjustment affects the subsidy framework for companies undergoing mandatory product certification assessments. | Korea Energy Agency | Source ↗ | EN translation · PDF |
| 2026-09-29 | 2026 Third Round Renewable Energy ICT and Policy Support Project Announcement2026년도 3차 「전력정보화 및 정책지원사업 (재생에너지 분야)」 신규지원 대상과제 공고The Ministry of Trade, Industry and Energy announces the third round of new project selections for 2026 under its Power Informatization and Policy Support Program focused on renewable energy. The initiative aims to advance digital transformation and policy implementation in the renewable energy sector through selected research and support projects. | Korea Energy Agency | Source ↗ | EN translation · PDF |
| 2026-09-28 | 2026 Fourth Round Renewable Energy Overseas Expansion Support Plan2026년도 제4차 재생에너지산업 해외진출지원사업 지원계획 공고The government announced its fourth round of support for renewable energy companies' overseas expansion activities in 2026. The initiative aims to assist domestic renewable energy firms in entering international markets through financial and promotional backing. | Korea Energy Agency | Source ↗ | EN translation · PDF |
| 2026-09-11 | Direct PPA Metering Equipment Installation Support Program직접 PPA 계량설비 설치·교체 비용 지원사업 공고The government announced a support program to subsidize the installation and replacement costs of metering equipment for direct power purchase agreements (PPAs) in the offshore wind sector. This initiative aims to reduce barriers to direct PPA adoption by offset equipment expenses for wind power generators. | Korea Energy Agency | Source ↗ | EN translation · PDF |
| 2026-09-07 | Second Amendment to 2026 Renewable Energy Finance Support Program2026년도 재생에너지 금융지원사업 지원 2차 변경 공고The Ministry of Climate, Energy and Environment announced a second modification to the 2026 renewable energy financial support initiatives. The amendment adjusts funding allocations and program parameters for renewable energy projects in the coming year. | Korea Energy Agency | Source ↗ | EN translation · PDF |
| 2026-09-03 | ReSCO recruitment announcement and August registration results2026년도 9월 재생에너지종합서비스기업(ReSCO) 모집 공고 및 8월 등록 결과 안내The government announced the recruitment of Renewable Energy Comprehensive Service Companies (ReSCO) for September 2026 and released results from August registrations. ReSCO operators provide integrated renewable energy services to consumers and small businesses. | Korea Energy Agency | Source ↗ | EN translation · PDF |
| 2026-08-12 | 2026 Third Renewable Energy Overseas Expansion Support Plan2026년도 제3차 재생에너지산업 해외진출지원사업 지원계획 공고The government announced the third round of overseas expansion support for renewable energy industries in 2026. The initiative aims to assist domestic companies in developing offshore wind and other renewable energy projects in international markets. | Korea Energy Agency | Source ↗ | EN translation · PDF |
| 2026-08-11 | 2026 Power Purchase Agreement transmission fee support programme announced2026년 전력거래계약(PPA) 송·배전망 이용요금 지원사업 공고The government has announced a support programme for 2026 power purchase agreements (PPAs) that will assist with transmission and distribution network usage fees. The initiative aims to improve the economics of renewable energy projects by offsetting grid access costs. | Korea Energy Agency | Source ↗ | EN translation · PDF |
| 2026-08-10 | 2026 Renewable Energy A/S Service Provider Recruitment2026년 신재생에너지설비 A/S 전담업체 공모 및 신청 안내The government is soliciting applications for dedicated after-sales service providers for renewable energy equipment in 2026. This initiative aims to establish systematic maintenance support for renewable energy installations across the sector. | Korea Energy Agency | Source ↗ | EN translation · PDF |
| 2026-08-06 | KS certification body designation change for large wind turbines중대형 풍력터빈 KS인증 위탁기관 지정 변경사항 공고The government announced changes to the designated certification body for KS (Korean Industrial Standards) certification of large wind turbines. This administrative update affects the institutional framework for quality assurance and standards compliance in the domestic offshore wind turbine sector. | Korea Energy Agency | Source ↗ | EN translation · PDF |
| 2026-08-05 | Renewable energy self-facility certificate pilot relaunched재생에너지 자가설비 인증서(REGO 발급·거래 시범사업 재공고The government has reannounced a pilot program for issuing and trading Renewable Energy GO (REGO) certificates for self-generated renewable energy. This initiative aims to create a market mechanism for renewable energy self-supply and promote distributed energy adoption. | Korea Energy Agency | Source ↗ | EN translation · PDF |
| 2026-08-04 | ReSCO recruitment announcement for August 20262026년도 8월 재생에너지종합서비스기업(ReSCO) 모집 공고 및 7월 검토 결과 안내The government announced the August 2026 recruitment schedule for Renewable Energy Comprehensive Service Companies (ReSCO), which provide integrated renewable energy project development and operation services. July 2026 review results were also disclosed as part of the ongoing ReSCO program administration. | Korea Energy Agency | Source ↗ | EN translation · PDF |
| 2026-07-20 | Renewable Energy Self-Generation Certificate Pilot Program Announced재생에너지 자가설비 인증서(REGO) 발급ㆍ거래 시범사업 공고The government announced a pilot program for issuing and trading Renewable Energy Generation Obligation (REGO) certificates for self-generated renewable energy. The initiative aims to promote distributed renewable energy adoption and establish a market framework for certificate transactions. | Korea Energy Agency | Source ↗ | EN translation · PDF |
| 2026-06-30 | Mid-to-Long-Term Offshore-Wind Bidding Roadmap해상풍력 중장기 입찰 로드맵Korea’s first ten-year (2026-2035) offshore-wind auction plan, published by the Ministry of Climate, Energy and Environment on 30 June 2026. It commits 55 GW of tenders over the decade (4 GW or more each year, against actual annual tenders of 0.55 GW in 2022 rising to 1.8 GW in the first half of 2026) with about 28 GW front-loaded into 2026-2030. It targets 10.5 GW deployed or under construction by 2030 and 25 GW of cumulative deployment by 2035. Two tracks run in parallel: the existing fixed-price competitive auctions (about 31 GW through 2033) and, from the second half of 2029, the Special Act’s development zone auctions (2 GW a year to 2030, then 4 GW a year in 2031-2035, totalling 24 GW by 2035). The government aims for at least a 2:1 effective competition ratio and will review and revise the roadmap every three years. | Ministry of Climate, Energy & Environment | Source ↗ | EN translation · PDF |
| 2026-05-15 | Shared Offshore-Wind Grid Connection해상풍력 공동접속설비A May 2026 policy from the Ministry of Climate, Energy and Environment under which the state, with KEPCO, builds shared “collective substations” on islands or the coast so that several offshore-wind projects connect through one link instead of each laying its own cable to an onshore substation. Following the December 2024 offshore-wind infrastructure plan, nine candidate hubs were identified; the Haenam cluster in Jeonnam starts first under a KEPCO-developer agreement. Pooling the connections there cuts total cable length from 703 km to 287 km (a 59% reduction), saves about KRW 3.6 trillion in investment versus individual links, and lowers the generation cost by roughly 20 KRW/kWh. The government plans to extend shared connection to other dense clusters by the third quarter of 2026, with costs shared in proportion to each project developer’s capacity. | Ministry of Climate, Energy & Environment | Source ↗ | EN translation · PDF |
| 2026-03-26 | Government-Led Planned-Siting Regime정부주도 계획입지 제도The core shift under the Offshore Wind Special Act, in force since 26 March 2026: the government, not developers, drives siting. The Ministry of Trade, Industry and Energy and the Ministry of Oceans and Fisheries, through the Offshore Wind Power Committee, first designate “preliminary zones” where wind, environmental and community conditions are strong, then “development zones,” after which operators are selected by competitive bidding. Bundling the approvals this way is intended to cut a project’s preparation period from about ten years to five or six. | Ministry of Climate, Energy & Environment | Source ↗ | EN translation · PDF |
| 2026-03-26 | Offshore Wind Power Committee & Promotion Group해상풍력발전위원회·추진단The Offshore Wind Power Committee, chaired under the Prime Minister, is the top governance body created by the Special Act. It coordinates differences between ministries and deliberates the major decisions (including the designation of preliminary zones and development zones) supported by a dedicated inter-ministerial promotion task force. | Ministry of Climate, Energy & Environment | Source ↗ | EN translation · PDF |
| 2026-03-26 | Fisheries Coexistence & Community Benefit-Sharing어업 상생·주민 이익공유The Special Act’s mechanism for community acceptance: for each preliminary zone, the local mayor or county head convenes a public-private cooperation council that brings in fishery groups, resident representatives and relevant experts to help shape the designation of development zones and the sharing of project benefits: the channel through which fisheries coexistence and community compensation are negotiated. | Ministry of Climate, Energy & Environment | Source ↗ | EN translation · PDF |
| 2026-03-26 | Military & Airspace Coordination국방부 군사협의·항공 조정Central coordination with the Ministry of National Defense where offshore-wind sites or their radar footprint touch military protection zones: a standing consultation gate in the permitting process. | Ministry of National Defense | Source ↗ | EN translation · PDF |
| 2025-02-21 | 11th Basic Plan for Electricity Supply and Demand (2024-2038)제11차 전력수급기본계획Korea's statutory 15-year power-sector roadmap under the Electric Utility Act, confirmed by MOTIE on 21 February 2025 and covering 2024-2038. It sets the capacity the offshore-wind auctions must help fill: solar and wind reach about 115.5 GW by 2038 and total renewables about 121.9 GW, lifting renewables to roughly a 33% share of generation, with about 7 GW of new renewable capacity added every year to 2030. | Ministry of Trade, Industry & Energy | Source ↗ | EN translation · PDF |
| 2025-01-03 | Marine-Use Impact Assessment System해양이용영향평가 체계The Ministry of Oceans and Fisheries’ marine-environmental review, which an offshore-wind project must clear to use the sea. A sea-area use consultation is scaled by project size up to a full impact assessment. Once part of the Marine Environment Management Act, it became a standalone law (the Marine Use Impact Assessment Act, enacted 2 January 2024 and in force from 3 January 2025) with offshore-wind-specific guidelines and a deliberation committee that fixes each project’s assessment scope in advance. | Ministry of Oceans & Fisheries | Source ↗ | EN translation · PDF |
| 2023-08-01 | Detailed Criteria for Electricity Business Permits (Notice)발전사업 세부허가기준 등에 관한 고시The MOTIE notice that tightened generation-permit criteria (recognising only offshore met masts with a three-year validity, a minimum paid-in-capital test, and a five-year construction-plan period) to curb reckless applications and met-mast squatting ahead of the Special Act. | Ministry of Trade, Industry & Energy | Source ↗ | EN translation · PDF |
| 2023-01-01 | Offshore-Wind Fixed-Price Competitive Bidding해상풍력 고정가격계약 경쟁입찰Korea’s primary route to market for offshore wind: an annual competitive auction, run since 2023, that awards a 20-year fixed-price contract. Bids are scored on price against a government-set ceiling and on non-price criteria such as domestic industrial contribution, safety and community acceptance. The 2026 first-half round offered about 1,800 MW (1,400 MW fixed-bottom and 400 MW floating, the first year the two ceilings were set separately) at price caps of 171.229 KRW/kWh for fixed-bottom and 175.100 KRW/kWh for floating; five projects totalling 1,786 MW were selected. | Korea Energy Agency | Source ↗ | EN translation · PDF |
| 2022-01-01 | Public-Led Large-Scale Offshore-Wind Site Development Support공공주도 대규모 해상풍력 단지개발 지원사업A Korea Energy Agency programme that funds local governments to scout and verify large offshore-wind sites before developers step in: an early precursor to the Special Act’s government-led planned siting. Selected local governments receive up to KRW 6.3 billion over three years, matching at least half the cost with local funds, to run wind-resource and marine surveys, regulatory and community-acceptance checks and a master plan. Boryeong, Sinan, Taean, Gunsan and North Jeolla Province have been among the participants. | Korea Energy Agency | Source ↗ | EN translation · PDF |
| 2012-01-01 | Renewable Portfolio Standard (RPS) & REC Multiplier신재생에너지 공급의무화(RPS) 및 REC 가중치The Renewable Portfolio Standard, in force since 2012, requires generators above 500 MW (the state gencos and other large operators) to supply a rising share of their power from renewables (2% in 2012, climbing to 10% by 2022). Offshore wind earns Renewable Energy Certificates (RECs) with higher multipliers the farther a project sits from shore and the deeper the water; historically the main support channel, RECs are now being succeeded by the 20-year fixed-price auctions. | Korea Energy Agency | Source ↗ | EN translation · PDF |