Korea Electric Power Corporation

The company Korea Electric Power Corp.. ( abbreviated as KEPCO, kor .韩国 电力 公社, Hanja 한국 전력 공사 ) is the state-owned power utilities in South Korea. The company was established on July 1, 1961 through the merger of three regional utilities Korean Chosun, Kyungsung and Namsun and was operated under the name Korea Electric Company ( KECO ). On January 1, 1982, the company was completely nationalized and now bears its present name. The company is listed on the KOSPI on the Korea Exchange.

Export of nuclear power plants

2010 ordered the United Arab Emirates at the KEPCO four nuclear power plants for a total of 19 billion dollars. South Korea, which is heavily dependent on oil imports, secured in return for oil deposits.

President Lee Myung -bak traveled immediately after the disaster in Fukushima to Abu Dhabi in order to point out the advantages of Korean technology personally.

The Korean government wants (as of 2010 ) that Korea rises among the top three of the nuclear power plant export nations. In January 2010, the Ministry of Knowledge Economy said in Seoul, South Korea aspire 2030 a total export volume of 80 nuclear reactors worth 400 billion U.S. dollars. After the automotive, semiconductor and shipbuilding industry, the nuclear power for the fourth pillar of the country should be strengthened. By 2030, almost one in three was to built in the world nuclear power plant in South Korea come.

The Kepco - nuclear division is called ' Kepco Nuclear Fuel '. It advertises itself as a CO2 -avoiding, green showcase company, which prepare the " way to a prosperous society, in which humans live in harmony with nature ".