Korean Power and Energy Companies Target North American Market... KOTRA and Gyeongnam Hold 'Export Roadshow'

From June 15 in Houston, USA and Toronto, Canada
10 SMEs from Gyeongsangnam-do and KHNP participate
Over 400 export consultations held with global companies

As the proliferation of artificial intelligence (AI) increases demand for the expansion of power and energy infrastructure, promising Korean companies are embarking on bids in the United States and Canada to enter the North American market.

From June 16th (local time), export consultations are being held at the Korea Pavilion of the Energy Project Expo (EPC Show) held for two days in Houston, USA. KOTRA

The Korea Trade-Investment Promotion Agency (KOTRA) and Gyeongsangnam-do announced on June 21 that they held the "Gyeongnam Energy & Power Equipment North America Export Roadshow" in Houston, USA, and Toronto, Canada, starting from June 15, with the participation of 10 small and medium-sized enterprises (SMEs) from Gyeongsangnam-do and Korea Hydro & Nuclear Power (KHNP).

Gyeongsangnam-do is home to many SMEs that are proven partners in the power and energy sector, including suppliers for Doosan Enerbility and Hyosung Heavy Industries. The companies participating in this roadshow comprise 10 specialized energy and power equipment and facility manufacturers, targeting North American market demand with products such as power plant cranes, pump modules, explosion-proof cables, and turbine blades.

The United States and Canada are markets with high demand for power and energy due to the spread of AI, and they have significant needs for grid expansion, modernization, and energy transition. According to the U.S. Department of Energy (DOE), the U.S. government plans to invest USD 1.9 billion over four years starting in 2027 to modernize the national power grid. The Canadian government also aims to double the size of its national grid and add 140–190 gigawatts (GW) of additional low-carbon generation facilities by 2050. Generation and transmission & distribution, including nuclear power, are among the most actively discussed areas for cooperation between the two governments and private companies.

In addition, the participating companies operated the Korea Pavilion at the Energy Project Expo (EPC Show), a comprehensive energy exhibition and conference held in Houston for two days starting June 16. This year’s EPC Show attracted more than 7,000 participants from global energy companies such as Bechtel, Fluor, and GE. The 10 Korean companies held export consultations with more than 400 companies visiting the Korea Pavilion, including buyers pre-matched by KOTRA. KHNP also promoted the competitiveness of Korean nuclear technology and supported the export efforts of SMEs.

On June 19, an export consultation event was held at the Crowne Plaza in Toronto, Canada. Korean companies engaged in pre-arranged business-to-business (B2B) meetings with Canadian energy specialists such as Hatch, Candu Energy, EBM Laser, and Westlund, and discussed collaboration at the Canadian EPC and nuclear industry opportunity briefing and in open networking sessions.

Junyoung Jang, CEO of RAS Co., Ltd., a manufacturer of precision casting products used in nuclear power and other applications, said, "We have acquired ASME certification required for supplying nuclear equipment to overseas markets, including North America. North American companies have shown strong interest in our precise forming technology and fast delivery, and we have agreed to continue follow-up discussions with some companies, including providing quotations and detailed technical specifications."

KOTRA President Kang Kyungsung stated, "Power and energy equipment and related products, including nuclear and transmission & distribution, are in high demand in both the United States and Canada. Our companies are highly trusted in terms of price and delivery, which gives them significant opportunities for market entry. KOTRA will do its utmost, in cooperation with local governments, to help regionally specialized companies pioneer export markets tailored to local overseas demand."

This content was produced with the assistance of AI translation services.