Fiber optic connectors are a substantial fragment of the global telecommunication industry. Optical fibers are joined using fiber optic connectors, which allow the light conduction between two consecutive optical fibers. An additional im…
BMI View Concerns surrounding the safety of nuclear power plants have been reignited as a result of uncertified parts found used in some of South Korea's nuclear reactors. While we believe that the country is unlikely to shut more plants down, despite fervent protests, we believe that the government is likely to implement significant measures in the hope of regaining the public's trust. Other plans include hastening the implementation of a smart grid that will also help the strained power suppliers meet the country's growing consumption.
We forecast overall power generation in South Korea to grow an average of 3.59% per annum from 2012 to 2021, to reach 669 terawatt hours (TWh). While coal- and gas-fired generation continue to be vital, we expect most of this growth to come from nuclear generation. That said, we expect the country to continue adding thermal capacity to avoid further supply shortfalls, which it experienced in September 2011.
Moreover, the increased cautiousness at which the government provides approvals for the construction of nuclear generators could, in turn, result in greater thermal generation growth, particularly gas-fired plants.