President Moon “Leap to the 5th Power of Offshore Wind Power in 2030”

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 President Moon Jae-in is speaking at the '48 trillion investment agreement ceremony for the world's largest offshore wind farm' held at Imja 2 Bridge in Sinan-gun, Jeollanam-do on the afternoon of the 5th.

President Moon Jae-in is speaking at the “World’s Largest Offshore Wind Power Complex 48 Article Investment Agreement” held at Imja 2 Bridge in Sinan-gun, Jeollanam-do on the afternoon of the 5th.
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On the afternoon of the 5th, President Moon Jae-in reaffirmed his determination to realize carbon neutrality in 2050 by attending the’World’s Largest Offshore Wind Power Complex 48 Trillion Won Investment Agreement’ held at Imja 2 Bridge in Sinan-gun, Jeollanam-do.

President Moon said in a congratulatory address on the day, “The offshore wind farm that will be built off the coast of Shinan here is seven times larger than the world’s largest offshore wind farm.” That’s true, and it’s a huge amount that every home in Seoul and Incheon can use.

Next, he mentioned the economic effects of the Sinan offshore wind farm. “By 2030, investment of 48.5 trillion won will be made, and 120,000 jobs will be created.” “With this, we have accelerated the transition to eco-friendly energy and are moving more vigorously toward carbon neutrality. As a leading project of the regional balance New Deal, “We are taking a powerful step in the recovery of the economy and the leap forward of the Korean economy.”

In particular, President Moon said, “The Shinan Offshore Wind Power Project is to create the world’s largest offshore wind power generation complex on a single scale. If successful, Korea will be able to leap into the world’s top 5 offshore wind power by 2030.” Starting with the world’s largest offshore wind power project, which consists of older brothers and sisters, we ask for the leading role of the’Korean Version New Deal’.

In addition, “the government will put the center of the Korean version of the New Deal on the’Regional Balanced New Deal’, and will actively support financial, financial and regulatory innovation.” “Life SOC, large-scale and ultra-wide projects will also speed up the synergy effect with the national balanced development policy. I promised that I would not spare the necessary support while emphasizing that I will increase it.

According to the Blue House, the southwestern region of Jeollanam-do, including Sinan, where the event was held on this day, possesses excellent offshore wind power potential.Through the creation of the world’s largest offshore wind farm, projects leading the regional balanced New Deal and the Green New Deal, the major pillars of the Korean version of the New Deal, will be carried out.

With the conclusion of this investment agreement, if a large-scale private-led investment of about 48.55 trillion won (private investment of about 47.66 trillion won, government investment of about 900 billion won) is made by 2030, the Mokpo New Port support pier and the hinterland complex will be provided with offshore wind power. It is expected to contribute to fostering the industrial ecosystem related to offshore wind power by making it possible to develop it as a logistics center. It is explained that the Shinan Offshore Wind Power Project has the nature of a leading green new deal project that prepares for the transition to future energy by laying the foundation for the expansion of the new and renewable energy industry in response to the climate crisis.

On this day, under the subtitle’The world’s largest offshore wind power complex 48 trillion wind blows’, Jeollanam-do Governor Kim Young-rok’s report on the’Jeonnam New Deal Strategy’ and ’48 trillion offshore wind power private investment plan’ announced (Hanwha E&C, Doosan Heavy Industries & Construction), ‘ The signing ceremony of the’Jeonnam-type win-win job agreement’ was held in order.

On the other hand, the investment agreement ceremony, which took place from 2:30 p.m. on that day, for about 50 minutes, is the tenth on-site’Going to the Korean New Deal’, which started in June of last year, and is the first step toward the’Regional Balanced New Deal Tour’. The offshore wind farm is where private power generation companies such as KEPCO, SK E&S, and Hanwha E&C, and offshore wind power manufacturers such as Doosan Heavy Industries, CS Wind, and Samgang M&T, and local residents participate.

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