Korea Electric Power Company Description
Korea Electric Power (KEPCO) is slowly relinquishing its status as South Korea's electric utility monopoly. The company is still the country's sole power distributor, serving 13 million households. It generates 88% of Korea's power supply, with an installed capacity of more than 60,260 MW (primarily from thermal and nuclear plants). KEPCO also purchases capacity from independent power producers. Industrial demand accounts for 54% of the company's annual output. In response to deregulation, the company plans to divest more than half of its Korean-based generation assets while it builds an extensive power plant portfolio in other countries. The Korean government controls 51% of Korea Electric Power.
View the Comprehensive Company Description for Korea Electric Power
The Company Description provides a historical perspective of Korea Electric Power's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Korea Electric Power's evolution in the marketplace.
