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South Korea Power Report Q2 2016

South Korea Power Report Q2 2016

BMI View: The outlook for South Korea's renewables industry remains muted, despite the recentannouncement of the government's clean energy investment plan. The country's challenging regulatoryenvironment for renewables and the availability of cheaper sources of power, notably nuclear and coal, willundermine investment in the sector.Latest Updates And Structural Trends

We forecast overall power generation to grow at an average of 3.6% a year between 2016 and 2025,reaching 788.2 terawatt hours (TWh) by the end of the period. While coal- and gas-fired generation willcontinue to play a vital role, we expect nuclear generation to have the fastest growth rates. That said, webelieve high growth rates will feature more greatly in the second half of our 10-year forecast period,given the current high level of public distrust of nuclear power.

The South Korean market for liquefied natural gas (LNG) will cool in the near-term, as high prices andcompany obligations to cut expenditure will see Kogas and utilities trim LNG purchases and rely onnuclear whenever possible. In the longer term, new gas power plants and the country's quest to increasepower supply to the market will mean LNG demand rises, although we have also moderated our forecaststo show slower demand growth.


BMI Industry View
Table: Headline Power Forecasts (South Korea 2015-2021)
Latest Updates And Structural Trends
SWOT
Industry Forecast
South Korea Snapshot
Table: Country Snapshot: Economic and Demographic Data (South Korea 2015-2019)
Table: Country Snapshot: Economic and Demographic Data (South Korea 2020-2025)
Table: Country Snapshot: Power Sector
South Korea Power Forecast Scenario
Coal Generation And Capacity Forecasts
Nuclear Generation And Capacity Forecasts
Gas Generation And Capacity Forecasts
Renewables Generation And Capacity Forecasts
Table: Total Electricity Generation Data And Forecasts (South Korea 2014-2019)
Table: Total Electricity Generation Data And Forecasts (South Korea 2020-2025)
Table: Electricity Generating Capacity Data And Forecasts (South Korea 2014-2019)
Table: Electricity Generating Capacity Data And Forecasts (South Korea 2020-2025)
Electricity Consumption
Table: Total Electricity Consumption Data And Forecasts (South Korea 2014-2019)
Table: Total Electricity Consumption Data And Forecasts (South Korea 2020-2025)
Transmission And Distribution, Imports And Exports
Table: Electric Power T&D Losses Data And Forecasts (South Korea 2014-2019)
Table: Electric Power T&D Losses Data And Forecasts (South Korea 2020-2025)
Industry Risk/Reward Index
Asia Power Risk/Reward Index
Table: Asia Power Risk/Reward Index (Scores Out Of 100)
South Korea Power Risk/Reward Index
Rewards
Risks
Market Overview
Key Policies And Market Structure
Regulation And Competition
Sustainable Energy Policies
Pricing
Carbon Trading
Table: Emissions Reduction Targets By Industry
Table: Top Emitters Of Carbon Dioxide In 2012 By Country
South Korea Power Projects Database
Table: Key Power Projects
Competitive Landscape
Company Profile
Korea Electric Power Corporation (Kepco)
Regional Overview
Asia Power Regional Overview
Table: China Power Snapshot
Glossary
Table: Glossary Of Terms
Methodology
Methodology And Sources
Industry Forecast Methodology
Sources
Risk/Reward Index Methodology
Table: Power Risk/Reward Index Indicators
Table: Weighting Of Indicators

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