Korea Electric Power Corporation

Korea Electric Power Corporation (KEP) is a South Korean utility company that generates, transmits, and distributes electricity in South Korea and globally. Its operations are divided into five segments: Electricity Sales, Nuclear Power Generation, Thermal Power Generation, Power Support, and Other. The company builds and operates overhead and underground transmission power grids, and offers a range of products and services including digital substations, grid stabilization equipment, predictive diagnostic systems, high voltage direct current transmission, smart distribution networks, power outage prevention, and smart metering. It also engages in electric vehicle charging, microgrids, urban energy planning, solar power, clean hydrogen, and R&D. Additionally, KEP is involved in thermal, nuclear, wind, solar, and hydro power generation, as well as power grid consulting, EPC projects, HVDC submarine transmission, power plant engineering, nuclear fuel design, and power IT services.

Korea Electric Power Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol KEP. Its shares trade in US Dollars (USD). The company is headquartered in Naju-si, South Korea, and its primary operations are in South Korea, but it also has a global presence. The listing on the NYSE provides international investors access to the stock in a major US exchange.

Korea Electric Power Corporation operates in the Utilities sector, specifically within the Utilities - Regulated Electric industry. This means the company is involved in the generation, transmission, and distribution of electricity, and its operations are subject to regulatory oversight. As a regulated electric utility, KEP's rates and services are typically approved by government authorities, which can provide a degree of revenue stability. The company serves both residential and industrial customers in South Korea and internationally, and its portfolio includes a mix of nuclear, thermal, renewable, and other power sources.

Korea Electric Power Corporation is headquartered in Naju-si, South Korea. It primarily serves the South Korean electricity market, but also operates globally. The company's operations include building and operating transmission power grids, both overhead and underground, and it offers services such as power grid consulting, EPC projects, HVDC submarine transmission, and power plant engineering and maintenance internationally. Additionally, KEP is involved in solar power generation projects and clean hydrogen businesses, indicating a focus on expanding its renewable energy footprint. The company was founded in 1961 and was formerly known as Korea Electric Company before rebranding in January 1982.

Korea Electric Power Corporation generates revenue primarily through the sale of electricity to residential, commercial, and industrial customers in South Korea and abroad. Its business is structured into five segments: Electricity Sales, which is the core revenue driver; Nuclear Power Generation and Thermal Power Generation, which produce electricity from nuclear and fossil fuel sources; Power Support, which includes ancillary services; and Other, which encompasses a diverse portfolio. This portfolio includes electric vehicle charging, microgrids, urban energy planning, solar power generation, clean hydrogen, and R&D. Additionally, KEP earns from power grid consulting and EPC projects, HVDC submarine transmission, power plant engineering and maintenance, nuclear fuel design and manufacturing, power IT services, investment activities, coal ash industrial materials manufacturing, facility management, wood pellet utilization, and securitization. The company also operates digital substations and smart metering services.