A Domestic Power Companies' Strategy to Enter Asian Thermal Power Plant Market

국내 발전기업의 아시아 화력발전플랜트 시장 진출전략

  • Park, Chang-Hyun (Course of Plant Engineering, Graduate School of Industry, Hanyang University) ;
  • Moon, Seung-Jae (School of Mechanical Engineering, Hanyang University)
  • 박창현 (한양대학교 공학대학원 플랜트엔지니어링 전공) ;
  • 문승재 (한양대학교 기계공학부)
  • Received : 2011.11.18
  • Published : 2011.12.30

Abstract

The power plant companies reached the culmination for growth in the domestic market. Besides, we have faced many challenges such as an electricity opening market trend for overseas, banning the use of coal due to the United nations framework convention on climate change, and the meticulous attention regarding the government's electricity charge plan. On the other hand, the overseas business has been a critical issue since China and many other developing countries expanded their projects abroad. Another factor is that power plant industry is being privatized, and it made the market regulation a bit loose. Thus, the market environment became favorable toward those companies which planned many overseas businesses. In this research, the power plant company's current condition for construction and operation as well as its technical competitiveness were analyzed, and an alternative plan using SWOT analysis for entering an oversea market was made. It dealt with both internal and external factors. Also, examined was the current situation under the power plant industry dealing with restructure for electric industry, lack of fossil fuel, and the United nations framework convention on climate change. From the research, it was suggested that many successful strategies to enter the overseas business by using the market trend I researched.

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