The 120-year old KEPCO founded in 1898 as Hansung Electric Company is gearing up for another 100 years with ‘New Area, New Contents’.
Since its foundation as Hansung Electric Power Company in 1898, KEPCO has been driving Korea's economic and industrial growth as the reliable supplier of electric power.
With new vision of 'Smart Energy Creator', KEPCO is writing a new chapter of history under the spirits of 'New Area, New Contents'.
With new vision of 'Smart Energy Creator', KEPCO is writing a new chapter of history under the spirits of 'New Area, New Contents'.
1800s
- 1887
- Turned the first electric lights on (Geonchung Palace inside Gyeongbok Palace)
- 1898
- Founded Hansung Electric Company
1900s
- 1900
- Lighted three streetlamps in Jongno by Hansung Electric Company (first-ever lighting in public area)
- 1944
- ompleted Supung Hydro Power Plant (600,000 kW)
- 1961
- established Korea Electric Power Company with Electricity Enterprises Act (three electric companies were merged)
- 1964
- Cleared limited electric power transmission for the first time since national liberation
- 1965
- Declared Act on the Promotion of Electrification in Agricultural and Fishing Villages
- 1968
- Exceeded one million kW in electric power generation capacity
- 1978
- Completed 1st unit of Kori Nuclear Power Plant (587,000kW)
- 1982
- Launched Korea Electric Power Corporation
- 1989
- Listed on the Korea Stock Exchange as people’s share No. 2
- 1994
- Listed on the New York Stock Exchange for the first time
- 1995
- Won bid to operate Malaya power plant in the Philippines
- 1997
- Broke ground for KEDO nuclear power plant construction
2000s
- 2000
- Exceeded 40 million kW in maximum demand electric power
- 2001
- Spun the business off into six power generation subsidiaries
- 2002
- Completed Ilijan Gas combined cycle power plant, the largest in the Philippines
- 2005
- Increased voltage to 220V for distribution line, and commenced electric power supply to Gaesung Industrial Complex
- 2006
- Awarded Edison Award, and launched independent project division
- 2009
- Exported nuclear power plant to overseas for the first time (UAE)
- 2011
- Selected as corrupt-free institute for six years in a row in anti-corruption evaluation, and ranked first in customer satisfaction for 13 years in a row
- 2012
- Ranked first in customer satisfaction in the public sector for 14 years in a row
- Completed Al Qatrana power plant in Jordan
- 2013
- Hosted the World Energy Congress, the world’s largest and most influential energy event, in Daegu
- 2014
- Relocated to Bitgaram Innovation City, opening the Energy Valley era
- 2015
- Successfully held Bitgaram International Exposition on Electric Power Technology (BIXPO) 2015
- 2016
- Was named the top electric utility in the Forbes Global 2000
- Won a 2016 CI0100 Award, a first for a Korean company
- Selected as the top electric utility in the 2016 Platts Top 250 global energy company rankings
- Signed a joint venture agreement for the operation of the UAE power plant
- 2017
- - Ranked 2nd in the ‘Forbes Global 2000’ Corporate Ranking in Power Utility Category
- - Selected the Top CDP Company in the Energy & Utilities Sector for Two Consecutive Years
- - Top 100 Great Work Place ‘Trust Management Award’
- 2018
- - Achieved uninterrupted electric power supply for the Pyeongchang Winter Olympics
- 2019
- - Established the Data Science Lab
- - Won the CIO 100 Award for four consecutive years
- 2020
- - Completed construction of a demonstration complex for offshore wind power in the southwest region of Jeollabuk-do
- - Introduced cost-linked electricity rate system
- 2021
- - Started the Construction of the Korea Energy Institute of Technology