Korea Electric Power (NYSE: KEP) — Company Overview, News & Financial Data
Korea Electric Power generates and supplies electricity in South Korea, focusing on sustainability and enhancing grid efficiency.
Korea Electric Power
Korea Electric Power is a South Korean electric utility company responsible for the generation, transmission, and distribution of electricity across the country. Operating as the primary power provider in South Korea, the state-owned enterprise operates through six main power generation subsidiaries—including hydro, nuclear, thermal, and renewable energy assets—and manages the national power grid. The company supplies electricity to residential, commercial, industrial, and agricultural sectors while engaging in nuclear power plant construction, smart grid infrastructure development, energy storage solutions, and international power generation projects across Asia, the Middle East, and North America.
Snapshot
Operations
Products and/or services of Korea Electric Power
- Electric Power Transmission and Distribution: Operating and maintaining South Korea's high-voltage national grid infrastructure, high-voltage direct current transmission lines, substations, and local distribution networks to deliver electricity safely to over twenty million domestic residential, commercial, and industrial customers nationwide.
- Nuclear Power Generation: Managing baseline electricity production through specialized state generation subsidiaries, operating nuclear power complexes including multi-unit coastal stations with combined generating capacities exceeding twenty-four gigawatts of reliable base-load atomic power.
- Thermal Power Generation: Generating electricity via five regional generation subsidiaries utilizing coal, liquefied natural gas, and oil fuel sources across major thermal power stations to ensure power grid stability, continuous operation, and peak load demand management.
- Renewable Energy Development: Expanding clean energy capacity through onshore and offshore wind farms, large-scale utility solar installations, hydroelectric facilities, and pumped-storage power plants, supporting national decarbonization targets and long-term clean power transition goals.
- Overseas Power Plant Construction and Engineering: Developing, engineering, constructing, and operating international power generation facilities, including multi-unit commercial nuclear plants in the United Arab Emirates alongside thermal, gas-fired, and solar infrastructure projects across Southeast Asia, the Middle East, and the Americas.
- Smart Grid and Power Technology Services: Implementing advanced metering infrastructure, intelligent energy management software systems, utility-scale battery energy storage solutions, and public electric vehicle charging networks to enhance power grid efficiency, digital monitoring, and load management performance.
Korea Electric Power executive team
- Mr. Dong-Cheol KimPresident, CEO & Director
- Mr. Heung-Bok OhCorporate Senior VP, Chief Financial & Strategic Planning Officer and Director
- Mr. Guen-Bae SeoCorporate Senior VP and Chief Global & New Business Officer and Director
- Mr. Chul-Soo SeoCorporate Senior VP and Chief Power System Officer & Director
- Mr. Jung-eun AhnCorporate Senior VP, Chief Business Management Officer & Director
- Mr. Young-Sang JunComptroller, Auditor General & Director
- Mr. Changyoung JiSenior Investor Relations Manager
- Siyung YangGeneral Manager of the Finance & IR Team
- Taeseop EomSenior Manager of IR