Korea Electric Power CorpKEP
What Korea Electric Power Corp does.
We are an integrated electric utility company engaged in the transmission and distribution of substantially all of the electricity in Korea. Through our six wholly-owned generation subsidiaries, we also generate the substantial majority of electricity produced in Korea. As of December 31, 2025, we and our generation subsidiaries owned approximately 53.4% of the total electricity generation capacity in Korea (excluding plants generating electricity primarily for private or emergency use). In 2025, we sold to our customers 549,417 gigawatt-hours of electricity. We purchase electricity principally from our generation subsidiaries and, to a lesser extent, from independent power producers. Of the 545,192 gigawatt-hours of electricity we purchased in 2025, 33.2% was generated by KHNP, our wholly-owned nuclear and hydroelectric power generation subsidiary, 32.7% was generated by our wholly-owned five non-nuclear generation subsidiaries and 34.1% was generated by independent power producers that trade electricity to us through the cost-based pool system of power trading (excluding independent power producers that supply electricity under power purchase agreements with us). Our five non-nuclear generation subsidiaries are KOSEP, KOMIPO, KOWEPO, KOSPO and EWP, each of which is wholly owned by us and is incorporated in Korea. We derive substantially all of our revenues and profit from Korea, and substantially all of our assets are located in Korea.
Revenue and profit, by fiscal year.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenue | $58.57T | $57.93T | $60.01T | $70.55T | $87.48T | $92.58T |
| Net income | -$2.35T | $1.99T | -$5.30T | -$24.47T | -$4.82T | $3.49T |
| Free cash flow | -$3.69T | $2.24T | -$8.20T | -$35.82T | -$12.39T | $1.66T |
More on KEP.
- Korea Electric Power Corp summary
- Korea Electric Power Corp financial statements
- Korea Electric Power Corp key metrics
- Korea Electric Power Corp health scores and style box
- Korea Electric Power Corp earnings
- Korea Electric Power Corp dividends
- Korea Electric Power Corp valuation
- Korea Electric Power Corp ownership and insiders
- Korea Electric Power Corp peers
Figures from Korea Electric Power Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.