South Korea on Monday announced a new round of renewable energy bidding, aiming to boost wind and solar power generation while aligning projects with national priorities. For the first time, the government will offer a public-led offshore wind tender alongside its general bidding round, with a combined capacity of over 1.2 gigawatts. Solar capacity will be capped at 1 gigawatt, with slightly lower pricing thresholds than last year. Winning projects will be awarded fixed-price contracts, with oversight by the Korea Energy Agency.

The bidding process includes new rules that reflect growing concerns over energy security and corporate demand for clean