Korea Electric Power Corporation
| Company type | Public State-owned Enterprise |
|---|---|
| KRX: 015760 NYSE: KEP | |
| Industry | Electric utility |
| Founded | 26 January 1898 (as Seoul Electric Company) 1 July 1961 (as Korea Electric Company) |
| Founder | Korean government |
| Headquarters | , |
Key people | Kim Dong-cheol (President and CEO) |
| Products | Electrical power |
| Services | Electricity distribution |
| Revenue | KRW 88.22 trillion (2023) |
| KRW 4.54 trillion (2023) | |
| KRW 4.71 trillion (2023) | |
| Total assets | KRW 239.71 trillion (2023) |
| Total equity | KRW 37.26 trillion (2023) |
| Owner | Korea Development Bank (32.9%) Government of South Korea (18.2%) National Pension Service (6.61%) |
Number of employees | 23,138 (2023) |
| Website | kepco.co.kr |
| Korea Electric Power Corporation | |
| Hangul | 한국전력공사 |
|---|---|
| Hanja | 韓國電力公社 |
| Revised Romanization | Hanguk Jeollyeok Gongsa |
| McCune–Reischauer | Hanguk Chŏllyŏk Kongsa |
Korea Electric Power Corporation, better known as KEPCO (Korean: 켑코) or Hanjeon (Korean: 한전), is the largest electric utility in South Korea, responsible for the generation, transmission and distribution of electricity and the development of electric power projects including those in nuclear power, wind power and coal. KEPCO, through its subsidiaries, is responsible for 96% of Korea's electricity generation as of 2023. The South Korean government (directly and indirectly) owns a 51.10% share of KEPCO. Together with its affiliates and subsidiaries, KEPCO has an installed capacity of 83,235 MW. On the 2023 Fortune Global 500 ranking of the world's largest companies, KEPCO was ranked 258. KEPCO is a member of the World Energy Council, the World Nuclear Association and the World Association of Nuclear Operators. As of September 2024, KEPCO possesses an AA credit rating with S&P Ratings, while Moody's has assigned KEPCO an Aa2 stable rating.
Originally located in Samseong-dong, Seoul, KEPCO headquarters was relocated to the city of Naju in South Jeolla Province in August 2014 as part of a government decentralization program. The move, which has been in the works for years has been controversial. Dong-Cheol Kim is the president and CEO of KEPCO.