Korea Trade Review (무역학회지)

Korea Trade Research Association (한국무역학회)
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Development of International Market Selection Models for Solar Power System Industry of Korea

국내 태양광산업의 해외진출을 위한 시장 선택 요인에 대한 분석

  • Jeon, Jin-Hyo (EN CO., LTD) ;
  • Oh, Keun-Yeob (Department of International Trade, Cungnam National University) ;
  • Yoo, Jin-Man (Department of International Trade, Cungnam National University)
  • Received : 2019.02.04
  • Accepted : 2019.02.26
  • Published : 2019.02.28
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Abstract

Due to environmental issues such as global warming, the importance of renewable energy is growing. Solar Power System is one of the most growing eco-friendly energy industries in the world, but Korea's solar energy industry faces fierce competition due to the trade regulations and changes in energy related laws in the major markets such as the U.S., EU and China. Therefore, Korea needs to diversify its export markets towards emerging markets. This paper analyzed 162 countries in the world and developed a model to measure how promising the countries are. GSMI(Grid connected Solar Market Index) and OSMI(Off-grid Solar Market Index) are invented based on the models. By using the developed model and the data of 162 countries over the 15-year period from 2000 to 2014, the foreign markets are ranked for searching the export market. According to the analysis, China, Japan, U.S, India and Taiwan ranked first to fifth in GSMI and OSMI ranking, which were followed by China, India, Bangladesh, Philippines and Afghanistan. The model developed through this research is expected to provide a more reasonable and scientific approach to the advancement of the Korean solar energy industry into overseas markets.

Keywords

Acknowledgement

이 논문은 2014년 정부재원(교육부)으로 한국연구재단의 지원을 받아 연구되었음.(NRF-2014S1A5B5A02014453)

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