Find information on Industry Analysis Report

Wind is one of the most abundant resources available for South Korea which has not been blessed with considerable conventional energy resources. Wind energy provides the key to the independence of South Korea from its distinguished statistics in terms of energy imports. It is the 5th largest importer of crude oil, 3rd largest of coal and 2nd largest importer of LNG, all of which constitutes for sufficing 97% of the country’s energy needs. Wind energy development has shown the government the path to be taken to curb its increasing import reliance amidst the growing population and energy demand.

Over the last decade, from 2000 to 2011, wind energy installed capacity has grown from 5.9 MW to more than 400 MW and is increasing at a rapid pace. The sector has recently been reformed which had stunted the growth a little bit but now with the reforms in place already, the capacity is growing and is expected to take the fast track to growth. To augment the rapid growth of wind energy in the country, the domestic heavy industries have taken upon themselves the onus of manufacturing the wind turbine generators that will reduce the sector’s dependence on imports and will also result in the reduction of wind energy production costs. The Feed in Tariff policy of the government has now been replaced by the Renewable Portfolio Standard. The research report points out to the various reasons behind this reform one of which was the low revenue given to wind generated electricity as compared to solar and hydro power.

The research report is a detailed text that emphasizes on the bright future of wind energy in South Korea. It gives details to all the necessary facets required to bring about an organized wind power growth. The report details the targets and gives precise plans of the government to achieve these ambitious renewable energy targets and how exactly the country will go about the Low Carbon Green Growth Policy in the coming years to develop its most abundant resource.

Table of Contents

1. South Korea Wind Power Sector Landscape
2. Wind Power Resources
2.1 Onshore & Offshore Reserves
2.2 Onshore & Offshore Wind Map by Speed & Density
3. Wind Power Sector Indicators
3.1 Onshore
3.2 Offshore
4. Operating Wind Farms
4.1 Onshore Wind Farms
4.2 Offshore Wind Farms
5. Wind Power Feed In Tariff Structure
6. Wind Turbine Manufacturing
7. Emerging Trends
7.1 United Kingdom and South Korea Alliance for Offshore Wind Power
7.2 Rising Investments from Government & Private Sector
7.3 Focus on Clean Energy to Drive Wind Power Installation
7.4 Development of World’s Largest Offshore Wind Farm
7.5 Super Sized Ships to Install Offshore Wind Turbines
7.6 South Korean Companies Developing Foreign Wind Farms
8. Wind Power Future Outlook
8.1 Onshore
8.2 Offshore
9. Regulatory & Policy Framework
9.1 Low Carbon, Green Growth Policy
9.2 Renewable Portfolio Standard Energy Policy
10. PEST Analysis
10.1 Political Analysis: Government Investments & Knowledge Sharing Policy
10.2 Economic Analysis: Low Cost Wind Power & Rising Energy Import Bill
10.3 Social Analysis: Increasing Social Acceptance
10.4 Technology Analysis: Transfer of Technology & International Collaborations

For more information kindly visit :
Report on South Korea Wind Power Sector Analysis


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