Trends and Outlook for the South Korea Energy & Environment Industry

Microgrids and Smart Water will Drive the Transformation in Korean Energy and Environment Sectors

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This research provides insights, trends, and outlook for South Korea's energy and environment industry. As one of the largest economies in the world, South Korea is committed to sustaining its economy with the development of clean energy and green technologies in environmental markets. While South Korea has strong regulatory instruments to drive various energy and environmental initiatives, it remains a challenging market for foreign participants due to changing policies by new governments and its inclination to local solution providers. In this document, several key markets of energy and environment in South Korea, such as renewable energy, microgrid, and building energy management, are discussed.

Table of Contents

Executive SummaryKey FindingsIntroduction—Sustainable Electricity and Water Supply in QuestionElectricity Consumption TrendsElectricity Pricing TrendsElectricity Pricing Trends (continued)Water Pricing and Consumption TrendsPolicies and Institutions as Industry Enablers2nd National Basic Plan for Energy2nd National Basic Plan for Energy (continued)7th Basic Plan for Electricity Demand and Supply7th Basic Plan for Electricity Demand and Supply (continued)4th Basic Plan for Renewable Energy Emissions Trading System (ETS)Intended Nationally Determined Contribution (INDC)Energy Sector OutlookRenewable Energy—Wind PowerRenewable Energy—Wind Power (continued)Renewable Energy—Solar PowerRenewable Energy—Solar Power (continued)Energy Storage System (ESS)Energy Storage System (continued)Energy Storage System (continued)Energy Storage System (continued)Carbon Capture and Storage (CCS)Carbon Capture and Storage (continued)Carbon Capture and Storage (continued)MicrogridMicrogrid (continued)Environment Sector OutlookDesalinationDesalination (continued)Desalination (continued)Smart Water GridSmart Water Grid (continued)Smart Water Grid (continued)Building Energy Management System (BEMS)Building Energy Management System (continued)Building Energy Management System (continued)Top 3 PredictionsLegal DisclaimerThe Frost & Sullivan StoryThe Frost & Sullivan StoryValue Proposition: Future of Your Company & CareerGlobal PerspectiveIndustry Convergence360º Research PerspectiveImplementation ExcellenceOur Blue Ocean Strategy

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