JEJU, Aug. 23 (Korea Bizwire) – The Korea Electric Power Corporation (KEPCO) is set to build smart electric vehicle charging stations on Jeju Island for the first time in South Korea as part of efforts to deliver on a commitment to make the island carbon-free by 2030. According to the Jeju branch of KEPCO on [...]
SEOUL, June 27 (Korea Bizwire) — State-run electricity provider Korea Electric Power Corp. said Tuesday that it will run some 1,500 charging stations for electric vehicles (EVs) across the country starting on July 3. The 1,560 charging stations will be available at KEPCO’s operations center, public parking lots and some apartment complexes, it added. The [...]
SEOUL, May 26 (Korea Bizwire) – State-run Korea Electric Power Corp. (KEPCO) said Thursday it has joined forces with General Electric for co-investment in the development of next-generation electric power facilities. The South Korean utility firm and the U.S. aviation and energy conglomerate held an opening ceremony of its joint office in Naju, some 399 [...]
SEOUL, May 22 (Korea Bizwire) – The Korea Electric Power Corporation (KEPCO) announced plans last Friday to reduce emissions of fine dust particles from its coal-fired power plants in South Korea by 50 percent over the next five years. KEPCO and five of its affiliates held an emergency conference last week at KEPCO Art Center [...]
SEOUL, March 27 (Korea Bizwire) – The estimated value of land owned by South Korea’s 10 biggest business groups rose to a record high last year due in part to the purchase of the headquarters of the Korea Power Electric Corp. (KEPCO) by Hyundai Motors Co. and its affiliates, a market researcher said Monday. Hyundai [...]
SEOUL, March 22 (Korea Bizwire) – South Korea’s top power utility firm Korea Electric Power Corp. (KEPCO) is interested in participating in a British nuclear plant project, its chief said Wednesday. KEPCO is rumored to have been in talks with Japan’s Toshiba and French utility company Engie on buying a stake in their multi-billion dollar [...]
SEOUL, Sept. 30 (Korea Bizwire) – Some 670,000 households were unable to pay their electricity bill this year as of July, a report from the state energy supplier showed Friday, a tally that may increase after record summer heat is estimated to have jacked up the bill from using air conditioning. The report, submitted by [...]
SEOUL, Aug. 6 (Korea Bizwire) – Summer heat is scorching the peninsula, but Korean households are refraining from using air conditioning units, with widespread worry over electricity bill ‘surprises’ resulting from the national progressive electricity billing system. The system was instituted to encourage frugal energy consumption by charging higher rates for higher electricity use. But [...]
SEOUL, July 20 (Korea Bizwire) — South Korea’s state-run power supplier has devised a way to use utility poles as charging stations for electric vehicles, drastically cutting installation costs, its officials said Wednesday. Working with an idea submitted by one of its employees, the Korea Electric Power Corp. (KEPCO) said it will conduct a trial [...]
SEJONG, June 14 (Korea Bizwire) – The Korean government revealed Tuesday that it would relax regulations on the sale of electricity, which is currently monopolized by the Korea Electric Power Corporation (KEPCO). It also decided to launch IPOs for six KEPCO power generation companies, and two state-owned energy enterprises – the Korea Gas Technology Corporation (KGTC) [...]