Competitiveness of the nuclear power complex in South Korea

Authors

  • Yulia Valentinovna Chernyakhovskaya National Research Nuclear University MEPhI
  • Olga Viktorovna Kretsu Moscow State Institute of International Relations MFA Russia

Keywords:

competitive rhombus, M. Porter, NPP export, nuclear power complex

Abstract

The article studies the determinants of competitiveness of the South Korea nuclear power and industry complex that led to Korean consortium win headed by KEPCO in the competition to obtain the contract for the construction of the first nuclear power plant Baraka in United Arab Emirates. Although South Korea and the UAE are newcomers on the world nuclear energy market, the Baraka NPP is implemented in compliance with schedule and budget limits, which does not widely occur when megaprojects in the nuclear power sector are built. This megaproject is an exceptional example in the history of the Korean and world nuclear power sector.

Author Biographies

Yulia Valentinovna Chernyakhovskaya, National Research Nuclear University MEPhI

Candidate of Economic Sciences
Place of work, post: National Research Nuclear University MEPhI, Department of economy and management in the industry - Associate Professor

Olga Viktorovna Kretsu, Moscow State Institute of International Relations MFA Russia

Place of work, post: Moscow State Institute of International Relations MFA Russia, Faculty of the international economic relations - 2 courses of a magistracy student

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Published

2024-02-08

How to Cite

Chernyakhovskaya, Y. V., & Kretsu, O. V. (2024). Competitiveness of the nuclear power complex in South Korea. Russian Foreign Economic Journal, (7), 66–78. Retrieved from https://journal.vavt.ru/rfej/article/view/2136

Issue

No. 7 (2017)

Section

World economy