Nuclear Power Market in South Korea

With no other substantial source of power being present in the country, nuclear power is of paramount importance to South Korea. The development of nuclear power in the country has not been slowed down by the recent Fukushima Daiichi nuclear accident and the government remains committed to increase and build on its present use of nuclear power in the coming years.

At present, nuclear power accounts for nearly 26% of the electricity generated in South Korea. With the demand for power increasing the country, it is expected that the share of nuclear power in the country's power generation is likely to increase in the coming years.

In this industry scenario, Taiyou Research analyzes the Nuclear Power Market in South Korea.

Divided into five chapters, this in-depth research offering from Taiyou Research is a complete analysis of the nuclear power market in South Korea.

The report deals with an overview of the global power market which is consistently rising due to rapid industrialization resulting in ever increasing demand for power. 66% of global power market is dominated by thermal power sources viz. coal and petroleum but stringent emission norms and depletion of sources is driving global attention towards renewable technology and nuclear power with a 7.5% market share is going to play a major role in future.

In spite of the Chernobyl disaster and the more recent Fukushima setback, the global installed nuclear capacity is likely to increase at a CAGR of nearly 4% and nuclear generation at a CAGR of 3.9% during 2011-2020. In comparison to other technologies the nuclear power has a nominal impact on greenhouse gas emission.

Chapter 1: Introduction to Nuclear Power covers the following:

• An industry definition and an overview of nuclear power.
• Present-day use of nuclear power and looking at why we need nuclear power?
• We look at the various reasons why the world needs nuclear power, such as the rising energy demand in the world, the global power situation, environmental impact of nuclear, and many others.
• An in-depth comparison is carried out of nuclear power and other power generating technologies such as gas and coal.

Chapter 2: Analysis of the Global Nuclear Power Industry covers the following:

• An analysis of the global nuclear power industry through a market profile, market statistics, industry value and volume analysis, industry capacity and generation analysis, and much more.
• We carry out region-wise industry segmentation, and also analyze the technological trends in the industry and an industry outlook.
• We carry out an analysis of the global nuclear power industry in a Porter's Five Forces Framework. We look at the global nuclear power industry by taking nuclear energy providers as key market players. The section analyzes the forces driving competition in the industry viz. buyer power, supplier power, new entrants, substitutes and rivalry amongst major players in the industry.
• A brief profile of the emerging nuclear power markets sums up this chapter.

Chapter 3: Nuclear Power in South Korea covers the following:

• Market profile along with an analysis of the Fukushima nuclear disaster and its fallout. How this has impacted the Asia Pacific nuclear power industry is discussed.
• We analyze the South Korean nuclear power industry through a market profile, industry statistics, installed capacity and generation analysis, the impact of the Fukushima nuclear disaster, nuclear reactor technology, operating and upcoming nuclear reactors in the country, regulatory framework, how favorable the country's nuclear power industry is for doing business, a look at R&D in the industry, and industry competition.

Chapter 4: Analysis of Major Global Players is an in-depth study of the major players in the global nuclear power industry with special emphasis on company overview, business analysis and a SWOT analysis of the key players. We include an analysis of over 15 players not only in the global nuclear power industry, but also in the domestic nuclear industry.

Concluding with Chapter 5, we include an appendix, a glossary of terms, and a research methodology.

Overall, Taiyou Research’s report on the nuclear power market in South Korea is an depth-study of the South Korean nuclear power market.

Taiyou Research’s report makes an intensive study of the installed capacity and generation, nuclear facilities and region, regulatory policies and framework, major players and competitive scenario with business viability of the South Korean nuclear power industry.