Renewable Energy in South Korea

May 2026 | 43 pages | ID: R0E1DAFA6D9EN
MarketLine

Abstracts

Summary

Renewable Energy in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The renewable energy market includes the net generation of electricity through renewable sources. The market is segmented into hydroelectricity, wind, solar PV, biopower, and geothermal. Market volume represents the net volume of electricity produced through renewable means. Market value is calculated by multiplying the amount of electricity produced by the wholesale price.
• The South Korean renewable energy market recorded a value of $8,858.7 million in 2025, representing a compound annual growth rate (CAGR) of 13.2% between 2020 and 2025.
• Market production volume increased with a CAGR of 11.4% between 2020 and 2025, reaching a total of 61,155.7 GWh in 2025.
• In 2025, the value of the South Korean renewable energy market grew by 9.3% due to increased renewable electricity installed capacity across the country.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in South Korea
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in South Korea
• Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the South Korea renewable energy market with five year forecasts

Reasons to Buy

• What was the size of the South Korea renewable energy market by value in 2025?
• What will be the size of the South Korea renewable energy market in 2030?
• What factors are affecting the strength of competition in the South Korea renewable energy market?
• How has the market performed over the last five years?
• What are the main segments that make up South Korea's renewable energy market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market Value
1.2. Market Value Forecast
1.3. Market Volume
1.4. Market Volume Forecast
1.5. Category Segmentation
1.6. Geography Segmentation
1.7. Market Rivalry
1.8. Competitive Landscape

2 MARKET OVERVIEW

2.1. Market Definition
2.2. Market Analysis
2.3. Market Trends
2.4. Regulatory Landscape

3 MARKET DATA

3.1. Market Value
3.2. Market Volume

4 MARKET SEGMENTATION

4.1. Category Segmentation
4.2. Geography Segmentation

5 MARKET OUTLOOK

5.1. Market Value Forecast
5.2. Market Volume Forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer Power
6.3. Supplier Power
6.4. New Entrants
6.5. Threat Of Substitutes
6.6. Degree Of Rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?

8 COMPANY PROFILES

8.1. Korea Electric Power Corp
8.2. POSCO Energy Co Ltd
8.3. S-Energy Co Ltd

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry Associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: South Korea renewable energy market value: $ million, 2020-25
Table 2: South Korea renewable energy market volume: GWh, 2020-25
Table 3: South Korea renewable energy market category segmentation: % share, by value, 2020-25
Table 4: South Korea renewable energy market category segmentation: $ million, 2020-25
Table 5: South Korea renewable energy market geography segmentation: $ million, 2025
Table 6: South Korea renewable energy market value forecast: $ million, 2025-30
Table 7: South Korea renewable energy market volume forecast: GWh, 2025-30
Table 8: Korea Electric Power Corp: Key Facts
Table 9: Korea Electric Power Corp: Annual Financial Ratios
Table 10: Korea Electric Power Corp: Key Employees
Table 11: POSCO Energy Co Ltd: Key Facts
Table 12: POSCO Energy Co Ltd: Key Employees
Table 13: S-Energy Co Ltd: Key Facts
Table 14: S-Energy Co Ltd: Annual Financial Ratios
Table 15: S-Energy Co Ltd: Key Employees
Table 16: South Korea Size of Population (Million), 2021-25
Table 17: South Korea Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 18: South Korea GDP (Current Prices, $ Billion), 2021-25
Table 19: South Korea Inflation, 2021-25
Table 20: South Korea Consumer Price Index (Absolute), 2021-25
Table 21: South Korea Exchange Rate, 2020-25

List Of Figures

LIST OF FIGURES

Figure 1: South Korea renewable energy market value: $ million, 2020-25
Figure 2: South Korea renewable energy market volume: GWh, 2020-25
Figure 3: South Korea renewable energy market category segmentation: $ million, 2020-25
Figure 4: South Korea renewable energy market geography segmentation: % share, by value, 2025
Figure 5: South Korea renewable energy market value forecast: $ million, 2025-30
Figure 6: South Korea renewable energy market volume forecast: GWh, 2025-30
Figure 7: Forces driving competition in the renewable energy market in South Korea, 2025
Figure 8: Drivers of buyer power in the renewable energy market in South Korea, 2025
Figure 9: Drivers of supplier power in the renewable energy market in South Korea, 2025
Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in South Korea, 2025
Figure 11: Factors influencing the threat of substitutes in the renewable energy market in South Korea, 2025
Figure 12: Drivers of degree of rivalry in the renewable energy market in South Korea, 2025