Wind Power in Republic of Korea, Market Outlook to 2030, Update 2019 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles
Republic of Korea is making an effort to increase the presence of renewable energy sources in its energy portfolio as part of its energy diversification strategy. Renewable sector is expected to add 25,615 MW during the period 2019-2030. Wind power sector is estimated to add 9,991.6 MW during the period 2019-2030. This represents 39% of the total net additions in the renewable sector during the period. This sector is expected to have remarkable growth of 20.1% during the period 2019-2030. Share of wind power is expected to increase from 9.0% of the cumulative renewable capacity in the year 2018 to 26.7% in the year 2030.
The report Wind Power in Republic of Korea, Market Outlook to 2030, Update 2019 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles, offers comprehensive information and understanding of the wind power market in Republic of Korea. The research details renewable power market outlook in the country (includes wind, small hydro, biopower and solar PV) and provides forecasts up to 2030.
The report highlights installed capacity and power generation trends from 2010 to 2030 in Republic of Korea wind power market. A detailed coverage of renewable energy policy framework governing the market with specific policies pertaining to wind power is provided in the report. The research also provides company snapshots of some of the major market participants.
The report is built using data and information sourced from proprietary databases, secondary research and in-house analysis by team of industry experts.
Companies mentioned: Korea South-East Power Co., Ltd, Korea Midland Power Co., Ltd, Korea East-West Power Co., Ltd, Hyundai Heavy Industries Co., Ltd.
The report analyses Republic of Korea renewable power market and Republic of Korea wind power market. The scope of the research includes -
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