Korea Electric Power Corporation Sponsored ADR (KEP)

Overview

The Korea Electric Power Corporation, established in 1898 and headquartered in Naju-si, South Korea, is a premier integrated electric utility enterprise that plays a pivotal role in generating, transmitting, and distributing electricity both within South Korea and on a global scale. This behemoth of a company successfully operates across various segments, including Transmission and Distribution, Nuclear Power Generation, Thermal Power Generation, and Others, showcasing its versatile capabilities in the energy sector. As of the end of 2022, Korea Electric Power Corporation boasts an impressive arsenal of 770 generation units and an extensive network ensuring the seamless delivery of electricity to multiple customer segments, from residential to industrial users. The corporation's commitment to a diversified energy mix sharply reflects in its generation sources, which include nuclear, coal, oil, liquefied natural gas, and renewable energies among others, underlining its strategic approach towards sustainable and reliable energy production.

Products and Services

• Electricity Generation:

  Korea Electric Power Corporation employs a variety of sources for electricity generation, including nuclear, coal, oil, liquefied natural gas (LNG), internal combustion, combined-cycle, integrated gasification combined cycle (IGCC), hydro, wind, solar, fuel cell, biogas, and others. This wide range of sources allows the company to maintain a robust and flexible generation portfolio, catering to the growing and diversifying energy needs of its customer base.

• Transmission and Distribution:

  The company's transmission system comprises 35,451 circuit kilometers of lines, including 765 kilovolts and high-voltage direct current lines, and 895 substations with an installed capacity of 347,426 megavolt-amperes. Its distribution system adds to the robust infrastructure with 139,265 megavolt-amperes of transformer capacity and 10,084,051 support units across a network length of 535,241 circuit kilometers, ensuring reliable and efficient electricity delivery to various sectors including residential, commercial, educational, industrial, agricultural, and street lighting.

• Engineering and Construction Services:

  Aside from its core activities in electricity generation, transmission, and distribution, Korea Electric Power Corporation extends its expertise to engineering and construction services focused on utility plants among other projects, reinforcing its role as a comprehensive energy services provider.

• Utility Plant Maintenance and Support Services:

  The corporation doesn't just stop at constructing utility plants; it also provides essential maintenance, resources development, facility maintenance, electric power IT solutions, electric meter reading, and security services, ensuring the operational efficiency and safety of energy infrastructure.

• Additional Ventures:

  Korea Electric Power Corporation is also involved in other ventures such as nuclear fuel production, fly ash recycling, wood pellet utilization, and the construction and operation of utility plants, showcasing its commitment to innovation and environmental sustainability in the energy sector.