Written by 11:34 AM Economics

‘Expansion of submarine transmission lines’ starts laying self-propelled submarine cables.

Expectation for the construction speed of offshore wind farms,


Lee Ho-hyun, Director of Energy Policy at the Ministry of Trade, Industry and Energy [Herald Economy DB],
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, ‘[Herald Economy=Reporter Bae Moon-sook] With the deployment of a self-propelled submarine cable laying vessel that drives the spread of submarine power transmission lines, it is anticipated that the construction of offshore wind farms in Korea will accelerate.’,
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, ‘The Ministry of Trade, Industry and Energy announced on the 24th that the commissioning ceremony for the self-propelled submarine cable laying vessel was held at the Gojae land in Dangjin-Asan National Industrial Complex in Chungcheongnam-do.’,
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, ‘Unlike the conventional domestic submarine cable laying vessels that require a towing vessel due to their barge shape, the self-propelled vessel introduced on that day has the ability to move on its own. Moreover, it is about four times faster in operation compared to existing laying vessels.’,
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, ‘According to the ministry, the introduction of self-propelled cable laying vessel is expected to play a significant role in the overseas expansion of the domestic power industry. The global submarine cable market is estimated to grow to 30 trillion won by 2029. The self-propelled laying vessel is expected to contribute to the expansion of offshore wind power, the construction of long-distance submarine power transmission lines, and the overseas expansion of the power industry.’,
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, ‘Director Lee stressed, “To secure this market, a comprehensive strategy involving the wind power industry, cable industry, and even the shipbuilding industry is necessary, covering cable development, production, installation, laying vessel construction, and operation.” He added, “The government will also work with the industry to develop a strategy and provide opportunities for our companies by ensuring the smooth progress of the West Coast Ultra-High Voltage Direct Current (HVDC) transmission.”‘
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