Market Report
Unpacking uncertainty: Analysis of South Korea’s tender roadmap
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Report summary
South Korea opened the 2024 offshore wind tender on October 25, marking the first tender under the Offshore Wind Tender Roadmap released in August 2024. This insight provides a comprehensive evaluation of the new tender regulations guided by the Roadmap. The report summarises the content and key changes in the Roadmap, and analyses in detail the Price and Non-price criteria. By assessing the six tender criteria across three indices - Certainty, Importance, Differentiation - it aids readers in swiftly understanding the impacts of the Roadmap and what is necessary to succeed in tenders.
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