Thursday, 10 October 2013

South Korea Power Report Q4 2013

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South Korea Power Report Q4 2013
Oct 9th 2013, 00:00

Price: $ 1295  

BMI View: The country has undertaken many measures to battle the surge in energy demand as a result of the soaring summer temperatures. The situation has highlighted once again the problems that have resulted from its previous lack of investment in generation capacity. Moreover, the government has had to undertake strong action to combat the new wave of scandals which threaten to further weaken the public's trust in South Korea's nuclear power plants. Although we expect the country to power ahead with its capacitybuilding plans, the latest proposal to levy a carbon tax on electricity energy is likely to impact the attractiveness of the industry for private producers. We forecast overall power generation in South Korea to grow at an average of 4.3% per annum between 2013 and 2022, reaching 76 ...

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