Utilities in South Korea - Industry and Country Analysis

TABLE OF CONTENTS
EXECUTIVE SUMMARY 2
INTRODUCTION 3
Market definition 3
Research highlights 3
UTILITIES IN SOUTH KOREA: MARKET OVERVIEW 8
Market analysis 8
Market Value, 2005–09 9
Market value forecast, 2009–14 10
Market Segmentation by Category 11
Market Segmentation by Geography 12
UTILITIES IN SOUTH KOREA: FIVE FORCES ANALYSIS 14
Summary 14
Buyer power 15
Supplier power 16
New entrants 18
Substitutes 20
Rivalry 21
SOUTH KOREA: PESTLE ANALYSIS 22
Summary 22
Political analysis 23
Economic analysis 28
Social analysis 33
Technological analysis 37
Legal analysis 41
Environmental analysis 45
Environmental analysis 45
UTILITIES IN SOUTH KOREA: LEADING COMPANIES 50
Seoul City Gas (SCG) 50
Korea Electric Power Corporation (KEPCO) 54
Korea Gas Corporation (KOGAS) 60
APPENDIX 64
Methodology 64
ABOUT DATAMONITOR 66
Premium Reports 66
Summary Reports 66
Datamonitor consulting 66

LIST OF TABLES
Table 1: South Korea utilities industry value: $ billion, 2005–09 9
Table 2: South Korea utilities industry value forecast: $ billion, 2009–14 10
Table 3: South Korea utilities industry segmentation I:% share, by value, 2009 11
Table 4: South Korea utilities industry segmentation II: % share, by value, 2009 12
Table 5: Analysis of South Korea’s political landscape 23
Table 6: Analysis of South Korea’s economic landscape 28
Table 7: Analysis of South Korea’s social landscape 33
Table 8: Analysis of South Korea’s technology landscape 37
Table 9: Analysis of South Korea’s legal landscape 41
Table 10: Analysis of South Korea’s environmental landscape 45
Table 11: Seoul City Gas (SCG): key facts 50
Table 12: Seoul City Gas (SCG): key financials ($) 51
Table 13: Seoul City Gas (SCG): key financials (SKW) 51
Table 14: Seoul City Gas (SCG): key financial ratios 52
Table 15: Korea Electric Power Corporation (KEPCO): key facts 54
Table 16: Korea Electric Power Corporation (KEPCO): key financials ($) 57
Table 17: Korea Electric Power Corporation (KEPCO): key financials (SKW) 57
Table 18: Korea Electric Power Corporation (KEPCO): key financial ratios 58
Table 19: Korea Gas Corporation (KOGAS): key facts 60
Table 20: Korea Gas Corporation (KOGAS): key financials ($) 61
Table 21: Korea Gas Corporation (KOGAS): key financials (KRW) 61
Table 22: Korea Gas Corporation (KOGAS): key financial ratios 62


LIST OF FIGURES
Figure 1: South Korea utilities industry value: $ billion, 2005–09 9
Figure 2: South Korea utilities industry value forecast: $ billion, 2009–14 10
Figure 3: South Korea utilities industry segmentation I:% share, by value, 2009 11
Figure 4: South Korea utilities industry segmentation II: % share, by value, 2009 13
Figure 5: Forces driving competition in the utilities industry in South Korea, 2009 14
Figure 6: Drivers of buyer power in the utilities industry in South Korea, 2009 15
Figure 7: Drivers of supplier power in the utilities industry in South Korea, 2009 16
Figure 8: Factors influencing the likelihood of new entrants in the utilities industry in South Korea, 2009 18
Figure 9: Factors influencing the threat of substitutes in the utilities industry in South Korea, 2009 20
Figure 10: Drivers of degree of rivalry in the utilities industry in South Korea, 2009 21
Figure 11: Seoul City Gas (SCG): revenues & profitability 52
Figure 12: Seoul City Gas (SCG): assets & liabilities 53
Figure 13: Korea Electric Power Corporation (KEPCO): revenues & profitability 58
Figure 14: Korea Electric Power Corporation (KEPCO): assets & liabilities 59
Figure 15: Korea Gas Corporation (KOGAS): revenues & profitability 62
Figure 16: Korea Gas Corporation (KOGAS): assets & liabilities 63