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South Korea Power Market Outlook to 2035, Update 2024 - Market Trends, Regulations, and Competitive Landscape

Publisher GlobalData
Published May 01, 2024
Length 57 Pages
SKU # GBDT18815768

Description

South Korea Power Market Outlook to 2035, Update 2024 - Market Trends, Regulations, and Competitive Landscape


Summary

This report discusses the power market structure of South Korea and provides historical and forecast numbers for capacity, generation, and consumption up to 2035. Detailed analysis of the country’s power market regulatory structure, competitive landscape, and a list of major power plants are provided. The report also gives a snapshot of the power sector in the country on broad parameters of macroeconomics, supply security, generation infrastructure, transmission and distribution infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential. An analysis of the deals in the country’s power sector is also included in the report.

Scope
  • Snapshot of the country’s power sector across parameters - macroeconomics, supply security, generation infrastructure, transmission infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential of the power sector.
  • Statistics for installed capacity, generation, and consumption from 2010 to 2022, and forecast for the next 13 years to 2035
  • Capacity, generation, and major power plants by technology
  • Data on leading active and upcoming power plants
  • Information on transmission and distribution infrastructure, and electricity imports and exports
  • Policy and regulatory framework governing the market
  • Detailed analysis of top market participants, including market share analysis and SWOT analysis
Reasons to Buy
  • Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s power sector
  • Identify key factors driving investment opportunities in the country’s power sector
  • Facilitate decision-making based on strong historic and forecast data
  • Develop strategies based on the latest regulatory events
  • Position yourself to gain the maximum advantage of the industry’s growth potential
  • Identify key partners and business development avenues
  • Identify key strengths and weaknesses of important market participants
  • Respond to your competitors’ business structure, strategy, and prospects

Table of Contents

57 Pages
1 Executive Summary
1.1 Nuclear Power will achieve its target of 32.4% power generation by 2030.
1.2 South Korea will lag behind its target of 21.6% from renewable power generation in 2030.
2 Introduction
2.1 South Korea Power Market
2.2 GlobalData Report Guidance
3 South Korea Power Market, Snapshot
3.1 Country Summary
3.2 Macroeconomic Factors
3.3 Supply Security
3.4 Opportunities
3.5 Challenges
3.6 Geopolitical Crisis
4 South Korea Power Market, Market Analysis
4.1 Market Structure
4.2 Key Market Players
4.3 Financial Deals
Deal Value and Volume, 2015–2023
Deals by Type, 2023
4.4 South Korea Power Market, Demand Structure
Power Consumption by Sector, 2023
5 South Korea Power Market, Regulatory Scenario
5.1 Renewable Energy Market, Overview
5.2 Policy Snapshot
5.3 Renewable Energy Targets
5.4 Green Growth Policy
5.5 New Deal 2.0
Green New Deal
5.6 Tenth Basic Plan, 2024 – 2038
5.7 Third Energy Master Plan 2019–2040
5.8 Renewable Portfolio Standard (RPS)
5.9 Renewable Energy Certificates (REC)
5.1 Fixed price contract bidding system
5.11 Korea Renewable Energy 3020 Plan
5.12 Auctions
5.13 Hydrogen Energy
5.14 Tax Audit Exemption
5.15 Mandatory Use of Renewable Energy for Public Buildings
5.16 K-RE100 Scheme
6 South Korea Power Market, Capacity and Generation
6.1 Cumulative Capacity by Technology, 2023
6.2 Total Power Capacity and Generation, 2015–2035
6.3 Thermal Power Capacity and Generation, 2015–2035
6.4 Hydropower Capacity and Generation, 2015–2035
6.5 Nuclear Power Capacity and Generation, 2015–2035
6.6 Renewable Power Capacity and Generation, 2015–2035
7 South Korea Power Market, Transmission and Distribution Overview
7.1 Transmission Network
7.2 Distribution Network
7.3 Electricity Trading
8 South Korea Power Market, Major Generating Companies
8.1 Korea Hydro & Nuclear Power Co Ltd
Company Overview
8.2 POSCO Energy Co Ltd
Company Overview
Business Description
8.3 Korea Western Power Co Ltd (KOWEPO)
Company Overview
8.4 Korea Southern Power Co Ltd (KOSPO)
Company Overview
Business Description
9 Appendix
9.1 Abbreviations
9.2 Methodology
Coverage
Secondary Research
Primary Research
Modelling and Forecasting
10 About GlobalData
11 Contact Us
List of Tables
Table 1: Power Market, South Korea, Macroeconomic Factors, 2015–2030
Table 2: Policy Snapshot, South Korea, 2023
Table 3: Generation Plan by Technology, 10th Basic Plan, South Korea, 2030-36
Table 4: Generation Target/Forecast for select technologies, 10th Basic Plan, South Korea, 2022-30
Table 5: Renewable Portfolio Standards, South Korea, Targets (%), 2016–2026
Table 6: REC Weighting Scheme Details
Table 7: K-RE100 Scheme
Table 8: Power Market, South Korea, Cumulative Capacity and Annual Generation, 2015–2035
Table 9: Power Market, South Korea, Cumulative Capacity and Annual Generation Share by Technology, 2015–2035
Table 10: Thermal Power Market, South Korea, Cumulative Capacity and Annual Generation, 2015–2035
Table 11: Thermal Power Market, South Korea, Major Plants, 2023
Table 12: Hydropower Market, South Korea, Cumulative Capacity and Annual Generation, 2015–2035
Table 13: Hydropower Market, South Korea, Major Plants, 2023
Table 14: Nuclear Power Market, South Korea, Cumulative Capacity and Annual Generation, 2015–2035
Table 15: Hydropower Market, South Korea, Major Plants, 2023
Table 16: Renewable Power Market, South Korea, Cumulative Capacity (GW), 2015–2035
Table 17: Renewable Power Market, South Korea, Annual Generation (TWh), 2015–2035
Table 18: Renewable Power Market, South Korea, Major Plants, 2023
Table 19: Power Market, South Korea, Transmission Line Length (Ckm) by Voltage Level, 2015–2028
Table 20: Power Market, South Korea, Distribution Line Length (Ckm) by Voltage Level, 2015–2028
Table 21: Abbreviations
List of Figures
Figure 1: Nuclear Power Market, South Korea, Annual Generation Share (%) and Annual Power Generation (TWh), 2023 and 2030
Figure 2: Power Market, South Korea, Annual Generation Share by Technology, 2023 and 2030
Figure 3: Power Market, South Korea, Country Summary
Figure 4: Power Market, South Korea, Macroeconomic Factors, 2015–2030
Figure 5: Power Market, South Korea, Market Structure
Figure 6: Power Market, South Korea, Market Share of Generation Companies (%), 2023
Figure 7: Power Market, South Korea, Deal Value and Number of Deals, 2015–2023
Figure 8: Power Market, South Korea, Deals by Type (%), 2023
Figure 9: Power Market, South Korea, Annual Power Consumption, 2015–2035
Figure 10: Power Market, South Korea, Power Consumption by Sector (%), 2023
Figure 11: Power Market, South Korea, Cumulative Capacity by Technology (%), 2023
Figure 12: Power Market, South Korea, Cumulative Capacity and Annual Generation, 2015–2035
Figure 13: Power Market, South Korea, Capacity Share by Technology, 2015–2035
Figure 14: Power Market, South Korea, Annual Generation Share by Technology, 2015–2035
Figure 15: Thermal Power Market, South Korea, Cumulative Capacity and Annual Generation, 2015–2035
Figure 16: Hydropower Market, South Korea, Cumulative Capacity and Annual Generation, 2015–2035
Figure 17: Nuclear Power Market, South Korea, Cumulative Capacity and Annual Generation, 2015–2035
Figure 18: Renewable Power Market, South Korea, Cumulative Capacity, 2015–2035
Figure 19: Renewable Power Market, South Korea, Annual Generation, 2015–2035

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