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.