History

The Journey of Challenge and Innovation, KEPCO's History

history_kv
-

KEPCO Embraces Seoul

The Introduction of Electricity and
Beginning of Modernization

1898
-
1944

KEPCO Embraces Seoul

The Introduction of Electricity and
Beginning of Modernization

  • 1898
    • January

      Establishment of Hanseong Electric Company, Korea's first power company

  • 1899
    • March

      Opening of the first tram line in Seoul

  • 1900
    • April

      First private lighting in Korea in Jongno, Seoul

  • 1905
    • June

      Completion of Unsan Hydroelectric, the first hydroelectric power plant

  • 1908
    • September

      Establishment of Ilhan Gas Co.

  • 1910
    • August

      Loss of national sovereignty and the full-scale entry of Japanese capital into the power industry in the Korean Peninsular

  • 1915
    • September

      Ilhan Gas Co. renamed to Gyeongseong Electric Co.

  • 1917
    • April

      Establishment of Kaeseong Electric Co., the first electric company financed by the Korean capital

  • 1931
    • December

      Announcement of the Power Control Plan (consolidation of 54 distribution companies into 4 in 5 years) by the Japanese Governor-General

  • 1937
    • March

      Establishment of Namseon Combined Electric Co.

    • October

      Completion of Yeongwol Thermal Power Plant Unit 1

  • 1943
    • February

      Establishment of Joseon Jeonup Co., Ltd. (First merger of Joseon Songjeon, Buryeong Hydroelectric, and Joseon Hydroelectric)

    • March

      Announcement of the Joseon Electric Power Control Ordinance

1945
-
1970

KEPCO, Lighting Hope

Overcoming Adversity to Achieve Unlimited Transmission

1945
-
1970

KEPCO, Lighting Hope

Overcoming Adversity to Achieve Unlimited Transmission

  • 1945
    • September

      Transfer of electricity business from the three companies (Joseon Jeonup, Gyeongseong Electric, and Namseon Electric) from Japan

  • 1948
    • May

      Unilateral power cut by North Korea
      Commencement of Danginri Thermal Power Plant

  • 1949
    • December

      Launch of energy-saving campaign

  • 1950
    • June

      Damage to facilities due to the Korean War

    • December

      Restoration of Yeongwol Thermal Power Plant Deployment of U.S. military powership to Korea to respond to power shortages

  • 1952
    • November

      Retaking of Hwacheon Hydroelectric Power Plant

  • 1956
    • February

      Signing of the Korea-U.S. Nuclear Cooperation Agreement

  • 1957
    • August

      Membership in the International Atomic Energy Agency (IAEA)

    • November

      Implementation of the Three-Year Power Development Plan

  • 1961
    • July

      Establishment of Korea Electric Power Co. Ltd.

    • September

      Installation of electricity consultation offices at all KEPCO branches

    • November

      Establishment of the First 5-Year Power Development Plan

    • December

      Announcement of the Electric Utility Act (Enforcement Decree announced on March 27, 1962)

  • 1964
    • April

      Full lifting of transmission restrictions since the independence from Japanese Empire

  • 1965
    • April

      Launch of the Rural Electrification Promotion Project

  • 1968
    • May

      Domestic power generation capacity exceeds 1 million kW

-

KEPCO, Achieving Self-reliance

Successful Technological Self-Reliance Through Passion and Perseverance

1971
-
1993

KEPCO, Achieving Self-reliance

Successful Technological Self-reliance Through Passion and Perseverance

  • 1973
    • October

      Started the nationwide voltage increase project to 220V

  • 1976
    • October

      Started the undergrounding of overhead distribution lines The first company to start nationwide online business operation Started the era of 345 kV transmission

  • 1977
    • November

      First Korean institution to develop a natural resource overseas

    • December

      Implementation of the first peak demand control rate system in Asia

  • 1978
    • July

      Completion of the Gori Nuclear Power Plant Unit 1, marking the beginning of the nuclear era

  • 1979
    • March

      Implementation of dispatch automation

    • October

      Completion of the Cheongpyeong Pumped Storage Hydro Power Plant
      Completion of the Rural Electrification Promotion Project

  • 1982
    • January

      Korea Electric Power Co. Ltd. re-establishes as Korea Electric Power Corporation (KEPCO)

  • 1983
    • April

      Completion of the first heavy-water reactor nuclear power plant and surpassing 10 million kW in domestic power generation capacity

    • May

      Completion of the first LNG power generator, Pyeongtaek Thermal Power Plant Unit 3

    • July

      Participation in the development of a uranium mine in Canada

    • August

      Completion of Samcheonpo Thermal Power Plant Unit 1, marking the start of large-capacity standard coal-fired power plants

  • 1986
    • November

      Completion of KEPCO's headquarters building in Samseong-dong, Seoul

  • 1987
    • April

      Launched the 100th-anniversary project of Korea's electric power
      Acquired shares in a North American uranium mine

    • June

      Maximum power demand surpassed 10 million kW

    • July

      Established the Comprehensive Consultation Center (with the national direct phone number of 123) for electricity fault reporting

  • 1988
    • October

      1988 Summer Olympics held in Seoul and KEPCO supplied power with zero interruption

  • 1989
    • August

      KEPCO's shares were offered to the general public as the national stock after those of POSCO and listed in Korea

  • 1990
    • January

      Electricity Utility Act enacted and promulgated

  • 1992
    • December

      Maximum power demand surpassed 5,000 kW

  • 1993
    • December

      Long-term Power Supply Plan (1993-2006) confirmed

-

KEPCO, Dreaming of Challenges

Laying the Foundation for Overseas Expansion

1994
-
2008

KEPCO, Dreaming of Challenges

Laying the Foundation for Overseas Expansion

  • 1994
    • October

      Became the second Korean company listed to the New York Stock Exchange

  • 1995
    • January

      Acquired shares in an Australian coal mine

    • March

      Completion of Yeonggwang Nuclear Power Plant Units 3 & Unit 4

    • May

      Won the operation contract for the Malaya Power Plant in the Philippines

  • 1996
    • March

      Selected as the main contractor for the KEDO North Korean Light Water Reactor Project

  • 1997
    • January

      Completion of Korea's first 345 kV underground transmission line

    • June

      Received the Edison Award

    • September

      Nuclear power generation capacity surpassed 10 million kW

    • November

      Won the construction and operation contract for Ilijan Power Plant in the Philippines

    • December

      First development of a distribution automation system

  • 1998
    • March

      Successful HVDC trial transmission between Haenam and Jeju
      Declared the "100th Year of the Power Industry"

    • September

      Completion of Korean Standard Nuclear Power Plant, Uljin Nuclear Unit 3

    • December

      Opened the first online Comprehensive Consultation Center (Cyber Branch)

  • 1999
    • September

      Established and promulgated the Power Service Charter

  • 2000
    • October

      Nuclear power generation surpassed 1 trillion kWh

  • 2001
    • April

      Restructuring of the power industry and spin-off of power generation business

    • August

      Won a power transmission network diagnostic service project in Myanmar

  • 2002
    • January

      Implemented remote metering for all high-voltage customers

    • May

      Successfully developed the APR1400 next-generation light water reactor
      Beginning of the 765 kV transmission era

    • November

      Completion of Ilijan Power Plant, the largest combined-cycle power plant in the Philippines

  • 2004
    • March

      Revised electricity rates and introduced a welfare discount rate scheme

    • May

      Established KEPCO Volunteer Group, the largest among state-owned enterprises

    • June

      Government halted the distribution privatization plan and introduced an independent business unit system

    • December

      Completed the world's first ultra-large 345 kV Yeongheung offshore transmission line

  • 2005
    • March

      First supply of South Korean electricity to North Korea since division

    • November

      Completed the 32-year-long voltage upgrade project to 220V

  • 2006
    • January

      Won the operation rights for an 870 MW power plant in Lebanon

    • June

      Won the Edison Award for the second time

    • November

      Completed the Wuzhi fluidized bed cogeneration plant and Saihanba wind farm in Inner Mongolia, China

    • December

      Signed a joint venture contract to acquire, build, and operate a power plant in Shanxi, China
      Connected a 154 kV transmission line between South and North Korea and completed the Pyeonghwa Substation to supply power to the Kaesong Industrial Complex

  • 2007
    • July

      Signed a contract for rehabilitation of the Egbin Power Plant in Nigeria

  • 2008
    • July

      Won the contract for Al Qatrana gas combined-cycle power plant in Jordan

    • September

      Completed the 44-year-long standardization of distribution system voltage to 22.9 kV

    • December

      Won the contract for the Rabigh heavy oil power plant project in the Kingdom of Saudi Arabia

-

KEPCO, Moving Toward the Future

Becoming a Global Company for the Future

2009
-
2014

KEPCO, Moving Toward the Future

Becoming a Global Company for the Future

  • 2009
    • August

      Started construction of the Jeju Smart Grid Demonstration Complex

    • December

      First nuclear power plant export to the UAE

  • 2010
    • March

      Completed the establishment of 41 regional advanced distribution centers nationwide

    • July

      Acquired 100% ownership of the Bylong coal mine in Australia

    • September

      Signed a business contract for a gas combined-cycle power plant in Mexico

    • October

      Established the KEPCO 119 Disaster Relief Team

    • November

      Achieved flawless power supply for the G20 Summit

  • 2011
    • February

      Won the contract for the Shuweihat Gas Combined-cycle Power Plant project in the UAE
      Signed a USD 100 million transmission and substation project contract in Kazakhstan

    • June

      Completed the Cebu Power Plant in the Philippines

  • 2012
    • February

      Completed the Al Qatrana Power Plant in Jordan

    • March

      Opened the Korea Electric Power International Nuclear Graduate School (KINGS)

    • September

      Completed and implemented the microgrid in Gapa Island

    • November

      Achieved No. 1 in the world for electric power quality

    • December

      Initiated the development of the Southwest Offshore Wind Power Project
      Reestablished the company's founding year as 1898

  • 2013
    • March

      Achieved highest rating for state-run enterprise customer satisfaction survey for 15 consecutive years
      Won Vietnam's first independent power producer (IPP)

    • June

      Won the operation & maintenance contract for Egbin Power Plant in Nigeria

    • October

      Successfully hosted Daegu World Energy Congress

  • 2014
    • February

      Completed Korea's first Smart Grid Station

    • March

      Initiated microgrid-based "Energy Self-sufficient Island" project

    • May

      Installed the first reactor for UAE's nuclear power plant
      Completed Saudi Arabia's largest-ever Rabigh Power Plant

    • July

      Held bell-ringing ceremony to commemorate 20th anniversary of KEPCO's NYSE listing

    • September

      Sold the Samsung-dong headquarter in Seoul

    • October

      Hosted the Asia-Pacific Electric Power Industry Conference of CEPSI

    • November

      Established the Integrated ICT Center

    • December

      Relocated the headquarters to Naju Innovation City

-

KEPCO, Committed to the Environment

Growing as a Smart Energy Company to Tackle Climate Crisis

2015
-
2021

KEPCO, Committed to the Environment

Growing as a Smart Energy Company to Tackle Climate Crisis

  • 2015
    • April

      Completed Amman Diesel Power Plant in Jordan

    • July

      Completed Korea's first Energy Storage System for frequency control

    • October

      Hosted the first Bitgaram International Electric Power Technology Expo (BIXPO 2015)

  • 2016
    • May

      Ranked No. 1 among global utilities in “Forbes Global 2000”

    • August

      First Korean company to receive CIO100 Awards

    • October

      Signed investment contract for UAE nuclear power plant operation

    • December

      Revised the residential progressive electricity tariff (from 5 tiers to 3 tiers)

  • 2017
    • May

      Ranked No. 2 in the global utility sector in “Forbes Global 2000”

    • June

      Won 60 MW solar power project in Guam, USA

    • November

      Signed business contract for Nghi Son Power Plant in Vietnam

  • 2018
    • February

      Flawlessly supplied power for PyeongChang Winter Olympics

    • August

      Successfully and stably supplied electricity against the historically-high peak power demand

    • November

      Established and launched Employee Stock Ownership Association

  • 2019
    • May

      Won CIO 100 Awards for four consecutive years

    • August

      Developed the world's largest DC-powered energy self-sufficient island (Seogeochado, Korea)

    • November

      Recognized as Korea's top institution in internal audit activities by the Board of Audit and Inspection

  • 2020
    • March

      Won CIO 100 Awards for five consecutive years

    • December

      Supported 302 energy startups over the past four years

  • 2021
    • January

      Implemented Green Premium as part of RE100 initiative

    • April

      Recognized as a leading company in climate change response by CDP (Carbon Disclosure Project)

  • 2022
    • February

      Secured financing for Korea's largest offshore wind farm project in Hallim, Jeju

-

KEPCO, Leading Innovation

Becoming a Global Leader in Energy Innovation

2015
-
2021

KEPCO, Leading Innovation

Becoming a Global Leader in Energy Innovation

  • 2023
    • September

      Mr. Kim Dong-cheol appointed as the President & CEO of KEPCO

    • October

      Won “IJ Global 2023 ESG Awards” for exemplary project management

  • 2024
    • May

      First Korean public enterprise to win the 2024 Best HRD Awards hosted by the American Association for Talent Development (ATD)

    • September

      Began commercial operations of Unit 4 at the Barakah Nuclear Power Plant

    • November

      Secured consecutive renewable energy projects in Saudi Arabia and Guam (USA)

  • 2025
    • February

      Expanded cooperation on new businesses and new technology development with the Philippine Department of Energy and major power companies

KEPCO Timeline

잠시후 자동 로그아웃됩니다.

로그아웃까지 남은 시간 :

59

  • 로그인 후 10분간 사용이 없으실 경우, 자동 로그아웃됩니다.

  • 로그아웃을 원하지 않으실 경우, [로그인 연장]를 클릭해주세요.