Korea Electric Power Corporation

South Korean utility company

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March 2025 KHNP withdrew from the bid process for two new reactors at the Borssele Nuclear Power Station in the Netherlands, following previous withdrawals from reactor selection processes in Sweden and Slovenia.
July 17 2024 KHNP won the tender for constructing two new nuclear power units at Dukovany Nuclear Power Station in the Czech Republic, with a potential option for two additional units at Temelín. The price for one unit was estimated at approximately CZK 200 billion.
2023 KEPCO was ranked 258th on the Fortune Global 500 ranking of the world's largest companies.
December 31 2023 KEPCO's transmission network reached 35,596 circuit kilometers, providing electricity to industrial, commercial, residential, educational, and agricultural customers across Korea.
December 31 2023 KEPCO reported a total installed generating capacity of 83,235MW across 794 generation units, utilizing diverse energy sources including nuclear, oil, coal, liquified natural gas, hydro, wind, and solar.
December 31 2023 By the end of 2023, KEPCO's transmission line network extended to 35,596 circuit kilometers, supporting electricity distribution across industrial, commercial, residential, educational, and agricultural sectors in Korea.
2022 Whang Joo-ho began his three-year term as the chief executive officer of the company.
2021 KHNP planned to complete construction and begin operations of the two Chilean solar-power plants, with an intended operational period of 25 years.
2020 Korea Hydro & Nuclear Power employed 12,551 staff members and reported its annual revenue.
2020 KHNP collaborated with Korea Overseas Infrastructure & Urban Development Corp (KIND), S Energy, and Hanyang Electric to form a consortium investing in solar-power projects in Chile, specifically targeting two plants near Santiago: a 6.6MW plant in Guadalupe and a 6.4MW plant in María Pinto.
December 2020 KHNP operated a total of 24 nuclear power plants, 37 hydroelectric plants, 16 pumped-storage power plants, and 32 renewable power plants, with a total facility capacity of 28,607 MW and total generation capacity of 164,613 GWh.
October 2020 KEPCO signed a memorandum of understanding with Daewoo Shipbuilding & Marine Engineering to develop a floating nuclear power plant based on the BANDI-60 small modular reactor.
September 2020 KHNP joined a consortium with South Korean financial institutions to acquire 49.9 percent of four large wind farms in the United States, marking a significant step in their overseas renewable energy expansion.
2019 Completed a photovoltaic power station at the Samnangjin Pumped-Storage Power Plant and began commercial operation of Shin-kori 4.
2019 KHNP completed a 19.2 MW onshore wind-power-generation complex near its pumped-storage plant in Cheonsong, Syeongsangbuk-do Province, capable of powering approximately 16,000 households.
2019 The US Nuclear Regulatory Commission (NRC) certified KEPCO's APR-1400 reactor design, confirming it fully meets US safety requirements. This was the first 'non-US type' reactor design certified by the NRC.
June 2019 A consortium of KHNP and KEPCO KPS signed a five-year maintenance contract for the Barakah Nuclear Power Plant.
2018 Completed the Chameliya Khola Hydropower Station in Nepal, expanding international operations.
2017 Completed Noeul Fuel Cell and Kori Photovoltaic Power Plant; retired the Kori 1 nuclear power plant.
2017 KEPCO explored potential investment in the Moorside Nuclear Power Station in the UK, but ultimately did not proceed with the project.
October 2017 European Utility Requirements (an advisory group for European utilities) approved the APR-1400 reactor design.
2016 Moved company head office to Gyeongju and began commercial operation of Shin-Kori 3 with the APR-1400 reactor.
October 2016 Signed a joint venture agreement for the operation of the UAE power plant, further expanding international power generation partnerships.
August 2016 Won a 2016 CIO 100 Award, a first for a Korean company.
July 20 2016 KHNP's initial operating support services agreement with ENEC for the Barakah Nuclear Power Plant (BNPP) ended.
May 2016 Selected as the top electric utility in the 2016 Platts global rankings.
2015 Continued operation of Wolsong 1 nuclear power plant was approved. Commercial operation of Shin-Wolsong 2 began.
2014 Received approval for the Korean APR+ nuclear power plant stand design.
December 2014 Relocated to Bitgaram Innovation City, inaugurating the Energy Valley Era.
August 2014 KEPCO relocated its headquarters from Samseong-dong, Seoul to Naju in South Jeolla Province as part of a government decentralization program.
2013 Achieved the first Korean-technology safety analysis license for a heavy water reactor.
October 2013 A KEPCO vice-president was among approximately 100 people indicted for falsifying nuclear power plant safety documents.
2012 Commercial operation of Shin-Kori 2 and Shin-Wolsong 1 nuclear power plants began.
April 2012 KEPCO contracted ICPO to raise $400m to buy into Boutique Coal in Australia to benefit from cheap coal briquettes with improved efficiency.
2011 Commercial operation of Shin-Kori 1 reactor, the first application of OPR1000, began.
June 2011 KEPCO partnered with IBM to establish a Total Operations Center at the Jeju Smart Grid Test-Bed Demonstration Complex, advancing smart grid technology implementation.
2010 Installed Shin-Kori 3 reactor, which was the first application of the APR-1400 reactor design.
2010 KEPCO announced a significant investment of over US$7 billion in its smart grid business, targeting efficiency improvements and greenhouse gas emission reduction by 2030.
2010 KEPCO signed an agreement with Areva to jointly develop uranium mines.
2010 KEPCO bought a 20% stake in Bayan Resources in Indonesia, enabling an increase of 7 million tons of coal self-sufficiency annually from 2015.
2010 KEPCO acquired the Bylong Coal Mine in Australia from Anglo American PLC to raise its fuel self-sufficiency rate.

This contents of the box above is based on material from the Wikipedia articles Korea Hydro & Nuclear Power & Korea Electric Power Corporation, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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