Tag: kepco

kepco

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The electricity transmission line is buried underground alongside road construction connecting Gunbuk and Gaya in Haman County, South Gyeongsang in an undated photo.

Korea needs power fast. The answer may lie beneath its roads.

Joint road and transmission projects are cutting costs and delays, offering a way to speed power supplies for semiconductor hubs.

2026.8.13

Korea Electric Power Corporation headquarters in Naju, South Jeolla [YONHAP]

Kepco completes construction of power plant in Guam

Korea Electric Power Corporation completed the construction of a new energy plant in Guam, the state-run electricity company said Thursday.

2026.5.28

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Kepco, KHNP reportedly agree to resolve UAE plant project dispute at home

The Korea Electric Power Corporation and Korea Hydro & Nuclear Power have reached a preliminary agreement to domestically settle a legal dispute over payments involving a United Arab Emirates power plant project, informed sources said Friday.

2026.3.27

Units 3 and 4 of the Saeul nuclear reactors are under construction in Seosaeng-myeon, Ulju County, Ulsan, on Jan. 26. [NEWS1]

Kepco reports significant losses in overseas nuclear projects

Korea’s overseas nuclear power projects are posting losses, undermining market expectations that reactor exports would deliver strong returns, according to regulatory filings by Korea Electric Power Corporation.

2026.3.24

Korea Electric Power Corporation's headquarters in Naju, South Jeolla, is seen in this undated file photo. [YONHAP]

Electricity rate remains frozen for Q2

The state-run Korea Electric Power Corp. (Kepco) said Monday it will freeze electricity rates for the second quarter.

2026.3.23

The Yongin semiconductor industrial complex in Yongin, Gyeonggi, is under construction on Jan. 20. [YONHAP]

Gyeonggi gov't, Kepco sign MOU to build underground power grid for SK hynix's chip fab

SK hynix cleared a key hurdle for its Yongin semiconductor industrial complex on Thursday as local authorities agreed on a plan that will secure the full 5.5 gigawatts of power required for the chip giant's project.

2026.1.22

Electric meters in a building in Seoul on Dec. 18. [YONHAP]

Kepco to keep electricity rates frozen for first quarter of 2026

The state-run Korea Electric Power Corporation (Kepco) said Monday it will freeze electricity rates for the first quarter of next year despite recent declines in global energy prices as part of efforts to improve its financial stability.

2025.12.22

The fourth and final unit of the Korean-built Barakah Nuclear Energy Plant in the United Arab Emirates [KOREA ELECTRIC POWER]

Kepco, KHNP to spend combined $26M won in lawsuits over dispute

Korea's two public energy firms are expected to spend nearly 37 billion won on lawsuits filed against each other over a payment dispute involving a major nuclear power plant project in the United Arab Emirates.

2025.10.5

Kim Dong-cheol, third from right, chief executive officer of the state-run Korea Electric Power (Kepco), is seen posing for a photo at a groundbreaking ceremony of a gas plant in Malaysia, in this photo provided by Kepco on Sept. 30. [KOREA ELECTRIC POWER]

Malaysian gas plant partly owned by Kepco breaks ground

A groundbreaking ceremony to kick off the construction of a gas plant in Malaysia partly owned by Korea's state-run Korea Electric Power (Kepco) took place Tuesday in the Southeast Asian country, Kepco said.

2025.9.30