South Korea has issued a competitive bidding call for onshore wind projects totalling around 230 MW for the second half of 2025. The Ministry of Climate, Energy and Environment announced that applications will be accepted through the Korea Energy Agency’s Renewable Energy Center. Bidding will remain open from November 17, 2025 to December 29, 2025, allowing 30 working days for submissions.
According to the guidelines, the evaluation process will include two stages. The first stage will assess non-price factors related to industrial and economic impact. The second stage will review the quoted tariff. The maximum allowable tariff has been set at KRW 163,846 per MWh, reflecting movements in the levelised cost of energy in global markets, previous onshore wind bid prices, and the continuing decline in the tariff ceiling.
The results of the tender are expected to be announced around February 2026 following completion of the assessment. Furthermore, the bidding notice specifies that the announcement covers onshore wind facilities only. Moreover, the Ministry of Climate, Energy and Environment stated that licensing uncertainties for offshore wind are being addressed in coordination with the relevant authorities, amd will be tendered once those consultations are concluded.
