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Charley Rattan's picture
World Hydrogen Leader , Charley Rattan Associates

UK based offshore wind & hydrogen corporate advisor and trainer; Faculty member World Hydrogen Leaders. Delivering global hydrogen and offshore wind corporate investment advice, business...

  • Member since 2019
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  • Sep 3, 2020

Oil and gas majors commit to floating wind off Korea. I’m tracking synergies with the country’s green hydrogen ambitions which are also developing at pace.  I’m tracking developments closely, join me at the Floating Wind and Hydrogen Professional Group



Matt Chester's picture
Matt Chester on Sep 3, 2020

The newly announced portfolio of floating offshore wind will play a significant role in South Korea’s own ‘Green New Deal’, which was announced by South Korean President Moon Jae-in in July ahead of this year’s general elections. South Korea is targeting 20% renewables by 2030 and a longer-term goal of between 30-35% by 2040.

This is a lower goal than you typically see for the 20 year range-- is that a factor of South Korea seeking to be more pragmatic about what's achievable? About the nation's geography being limited in what renewable options there are for them?

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