Development

Kepco for the Wind

South Korea’s Korea Electric Power Corporation will build a $9 billion, 2.5-gigawatt offshore wind farm off the southwest coast of the Korean peninsula by 2019, the Ministry of Knowledge Economy said in a statement.
While this blog focuses upon U.S. wind power development, it is good to note such clean energy elsewhere in the world. This includes Asia. This blog recently noted wind power development in China and now relays information about wind power development in South Korea. A thanks to the Big Gav.

According to the ministry, the 51-percent government-owned Kepco will be buying wind turbines from eight local suppliers including Doosan Heavy Industries and Construction, Daewoo Shipbuilding and Marine Engineering, and Hyundai Heavy Industries.

The wind farm project will be built in three phases, beginning with a $355-million demonstration project by 2014 which will consist of turbines having the capacity of between 3 and 7 megawatts.

The second phase 400-MW demonstration project will have an investment of $1.42 billion by 2016. To complete the third phase is a $7.26-billion investment to build a 2-GW wind farm by 2019.

O.K., let’s install 200,000 GW of solar

Just re-posted the announced growth in wind power in parts of the United States, and now the Big Gav relays that  ”the technical potential of photovoltaics and concentrating solar power (CSP) in the U.S. amounts to just under 200,000 GW.”

According to a new study released by NREL, there is the potential to generate around 399,700 TWh of energy annually.

The U.S.-based National Renewable Energy Laboratory (NREL) has published a new report – U.S. renewable Energy Technical Potentials: A GIS-Based Analysis – in which it says, technically, 154,864 of photovoltaics and 38,000 GW of CSP could be installed. This would mean, photovoltaics could generate around 483,600 terawatt hours (TWh) of energy annually, and CSP, 116,100. Refer to the table for a breakdown of the different solar technologies.

Overall, it believes rural utility-scale photovoltaics has more potential than any other renewable energy technology, due to the “relatively high power density, the absence of minimum resource threshold, and the availability of large swaths for development.” Meanwhile, Texas is said to have the ability to account for around 14 percent of this 153 GW, or 280,600 TWh annual potential.

In terms of urban utility-scale photovoltaics, NREL says Texas and California have the highest estimated technical potential, due to both their strong solar resources and high populations. With significantly less estimated technical potential, it is thought that rooftop photovoltaics will be most successful in those states with higher population densities, like California.