Korea Electric Power Corporation (KEP): Business Model Canvas

In der dynamischen Landschaft der globalen Energieproduktion entwickelt sich die Korea Electric Power Corporation (KEPCO) zu einem transformativen Kraftpaket, das die komplexe Schnittstelle zwischen nationaler Infrastruktur, technologischer Innovation und nachhaltiger Entwicklung strategisch steuert. Mit einem komplexen Geschäftsmodell, das die traditionelle Stromerzeugung mit modernsten Lösungen für erneuerbare Energien in Einklang bringt, stellt KEPCO eine faszinierende Fallstudie dar, wie ein staatlicher Energieversorger gleichzeitig den kritischen nationalen Energiebedarf decken und gleichzeitig zukunftsweisende Umweltstrategien vorantreiben kann. Diese Untersuchung des Business Model Canvas von KEPCO enthüllt die ausgeklügelten Mechanismen, die eine der wichtigsten Infrastrukturorganisationen Südkoreas antreiben, und bietet Einblicke in seinen vielfältigen Ansatz zur Stromerzeugung, -verteilung und zum technologischen Fortschritt.

Korea Electric Power Corporation (KEP) – Geschäftsmodell: Wichtige Partnerschaften

Regierung von Südkorea (primärer regulatorischer und strategischer Partner)

Das Ministerium für Handel, Industrie und Energie hält ab 2023 einen Anteil von 51,1 % an KEPCO. Die jährliche Unterstützung der Energiepolitik durch die Regierung wird auf 2,5 Billionen KRW geschätzt.

Partnerschaftsdimension	Spezifische Details	Finanzielle Auswirkungen
Regulatorische Zusammenarbeit	Nationale Ausrichtung der Energiepolitik	Investitionsförderung in Höhe von 1,8 Billionen KRW
Strategische Planung	Langfristige Entwicklung der Energieinfrastruktur	700 Milliarden KRW-Infrastrukturfinanzierung

Anbieter von Technologien für erneuerbare Energien

KEPCO arbeitet mit 12 großen Unternehmen für erneuerbare Technologien in Südkorea zusammen.

• Hersteller von Solarmodulen: 5 strategische Partnerschaften
• Anbieter von Windkraftanlagentechnologie: 3 wichtige Kooperationen
• Entwickler von Energiespeichersystemen: 4 aktive Partnerschaften

Hersteller von Kernkraftanlagen

KEPCO unterhält Partnerschaften mit sieben inländischen und internationalen Nuklearausrüstungsherstellern.

Hersteller	Land	Vertragswert
Doosan Heavy Industries	Südkorea	450 Milliarden KRW
Mitsubishi Heavy Industries	Japan	350 Milliarden KRW
Westinghouse Electric	Vereinigte Staaten	320 Milliarden KRW

Internationale Netzverbindungspartner

KEPCO unterhält grenzüberschreitende Netzverbindungsverträge mit vier Ländern.

• Japan Power Grid: 500 MW Verbindungskapazität
• Russisches Stromnetz: 300 MW Verbindungskapazität
• China Southern Power Grid: 250 MW Verbindungskapazität

Forschungseinrichtungen und Universitäten

KEPCO arbeitet mit 15 Forschungseinrichtungen und Universitäten für technologische Innovationen zusammen.

Institution	Forschungsschwerpunkt	Jährliche Forschungsförderung
Seoul National University	Fortschrittliche Energiesysteme	50 Milliarden KRW
KAIST	Nukleartechnologie	45 Milliarden KRW
Koreanisches Institut für Energieforschung	Erneuerbare Energie	60 Milliarden KRW

Korea Electric Power Corporation (KEP) – Geschäftsmodell: Hauptaktivitäten

Stromerzeugung über mehrere Stromquellen hinweg

KEP betreibt ein vielfältiges Stromerzeugungsportfolio mit der folgenden Aufteilung:

Stromquelle	Installierte Leistung (MW)	Prozentsatz
Nuklear	23,241	29.5%
Kohle	21,684	27.5%
Erdgas	18,543	23.5%
Erneuerbare Energie	11,256	14.3%
Öl	4,562	5.2%

Management der Energieübertragungs- und -verteilungsinfrastruktur

KEP verwaltet eine umfangreiche Übertragungsinfrastruktur:

• Gesamtlänge der Übertragungsleitung: 115.342 Kilometer
• Hochspannungsleitungen: 42.567 Kilometer
• Umspannwerke: 1.289 Einheiten
• Gesamttransformatorkapazität: 324.567 MVA

Netzstabilität und Wartung des Energienetzes

Jährliche Investitionen in die Netzerhaltung:

Wartungskategorie	Jährliche Investition (USD)
Modernisierung der Netzinfrastruktur	1,2 Milliarden
Smart-Grid-Technologie	456 Millionen
Vorausschauende Wartungssysteme	287 Millionen

Projektentwicklung für erneuerbare Energien

Projektportfolio für erneuerbare Energien:

• Solarstromprojekte: 3.456 MW
• Windkraftprojekte: 2.789 MW
• Wasserkraftprojekte: 1.234 MW
• Biomasseenergie: 567 MW

Initiativen für Energieeffizienz und Energieeinsparung

Kennzahlen des Energieeffizienzprogramms:

Initiative	Jährliche Energieeinsparungen
Einsatz von Smart Metering	1,2 Millionen MWh
Industrielle Energieeffizienzprogramme	2,4 Millionen MWh
Energieeinsparung in Wohngebäuden	876.000 MWh

Korea Electric Power Corporation (KEP) – Geschäftsmodell: Schlüsselressourcen

Energieerzeugungsanlagen

Gesamte installierte Leistung: 110.764 MW, Stand 2023

Generationstyp	Kapazität (MW)	Prozentsatz
Nuklear	23,116	20.9%
Kohle	36,680	33.1%
Erdgas	27,400	24.7%
Erneuerbar	23,568	21.3%

Übertragungs- und Verteilungsnetz

• Gesamte Übertragungsleitungen: 65.213 Leitungskilometer
• Umspannwerke: 1.573 Einheiten
• Übertragungsspannungsebenen: 765 kV, 345 kV, 154 kV

Finanzkapital

Gesamtvermögen: 107,8 Billionen KRW (Finanzbericht 2023)

Jährliche Investitionsausgaben: 12,4 Billionen KRW

Personalwesen

Gesamtzahl der Mitarbeiter: 24.671 (Stand 2023)

• Anteil der technischen Belegschaft: 68 %
• Durchschnittsalter der Mitarbeiter: 42,3 Jahre
• Jährliche Schulungsstunden pro Mitarbeiter: 86 Stunden

Forschung und Innovation

Jährliche F&E-Investitionen: 523 Milliarden KRW

• Forschungszentren: 3 spezielle Einrichtungen
• Aktive Patente: 647
• Jährliche Patentanmeldungen: 89

Korea Electric Power Corporation (KEP) – Geschäftsmodell: Wertversprechen

Zuverlässige und konsistente Stromversorgung für die nationale Infrastruktur

KEP bietet eine 100-prozentige Stromabdeckung in ganz Südkorea und liefert im Jahr 2022 483.973 GWh Strom. Das Unternehmen unterhält eine 99,99 % Netzzuverlässigkeit.

Stromerzeugungskapazität	Gesamtvolumen	Zuverlässigkeitsmetrik
Gesamterzeugungskapazität	129.704 MW	99.99%

Diversifiziertes Energieportfolio, das die Abhängigkeit von einer einzigen Quelle verringert

Aufschlüsselung des Energiemixes von KEP für 2022:

• Atomkraft: 27,4 %
• Kohlekraft: 29,8 %
• Erdgas: 25,6 %
• Erneuerbare Energie: 6,4 %
• Öl und andere: 10,8 %

Engagement für eine nachhaltige und saubere Energiewende

Investitionen in die Infrastruktur für erneuerbare Energien: 3,2 Billionen KRW bis 2030. Ziel ist eine Reduzierung der CO2-Emissionen um 41,7 % im Vergleich zum Niveau von 2018.

Ziel für erneuerbare Energien	Investition	Emissionsreduktionsziel
20 % der Gesamterzeugung bis 2030	3,2 Billionen KRW	Reduzierung um 41,7 %

Wettbewerbsfähige Strompreise für Industrie- und Privatkunden

Durchschnittliche Strompreise im Jahr 2022:

• Wohnen: 118,7 KRW pro kWh
• Industrie: 86,5 KRW pro kWh
• Kommerziell: 107,3 KRW pro kWh

Fortschrittliche technologische Lösungen für das Energiemanagement

KEP investierte im Jahr 2022 512 Milliarden KRW in Smart Grid- und digitale Transformationstechnologien.

Technologieinvestitionen	Smart-Grid-Entwicklung	Budget für die digitale Transformation
512 Milliarden KRW	15 Pilot-Smart-Grid-Projekte	237 Milliarden KRW

Korea Electric Power Corporation (KEP) – Geschäftsmodell: Kundenbeziehungen

Von der Regierung vorgeschriebene Dienstleistungserbringung

Ab 2023 beliefert KEP 26,1 Millionen Stromkunden in ganz Südkorea mit einer 100-prozentigen landesweiten Stromversorgungspflicht.

Kundenkategorie	Anzahl der Kunden	Serviceabdeckung
Privatkunden	20,3 Millionen	78 % aller Kunden
Gewerbliche Kunden	5,4 Millionen	20,7 % aller Kunden
Industriekunden	0,4 Millionen	1,3 % aller Kunden

Kundensupportzentren und digitale Plattformen

KEP betreibt landesweit 256 Kundensupportzentren mit digitalen Interaktionskanälen.

• Nutzer mobiler Anwendungen: 4,2 Millionen
• Registrierte Nutzer des Online-Kundenserviceportals: 6,8 Millionen
• Durchschnittliche Lösungszeit für digitale Dienste: 12,4 Minuten

Transparente Abrechnung und Verbrauchsberichte

KEP bietet eine detaillierte monatliche Abrechnung mit Echtzeit-Verbrauchsverfolgung.

Abrechnungsmetrik	Durchschnittswert
Durchschnittliche monatliche Wohnkostenrechnung	₩85,600
Online-Rechnungszahlungsrate	92.3%

Beratungsdienste zur Energieeffizienz

KEP bietet seinen Kunden kostenlose Energieeffizienzberatungen an.

• Jährliche Energiesparberatungen: 124.000
• Kunden, die Effizienzempfehlungen umsetzen: 68.500
• Durchschnittliche Energieeinsparung pro Beratung: 15,7 %

Regelmäßige Kommunikation zu Entwicklungen der Energieinfrastruktur

KEP unterhält umfassende Kommunikationskanäle für Infrastrukturaktualisierungen.

Kommunikationskanal	Jährliches Engagement
Seminare zur öffentlichen Infrastruktur	42 Veranstaltungen
Digitale Newsletter-Abonnenten	1,9 Millionen
Social-Media-Follower	3,4 Millionen

Korea Electric Power Corporation (KEP) – Geschäftsmodell: Kanäle

Online-Kundendienstportale

KEP betreibt eine umfassende Online-Plattform mit 4,2 Millionen registrierten Benutzerkonten (Stand 2024). Das digitale Portal verarbeitet etwa 1,3 Millionen monatliche Transaktionen, darunter Rechnungszahlungen, Energieverbrauchsberichte und Serviceanfragen.

Portalmetrik	Statistik 2024
Registrierte Benutzer	4,200,000
Monatliche Transaktionen	1,300,000
Durchschnittliche Reaktionszeit	12 Minuten

Physische Kundendienstzentren

KEP unterhält 186 physische Kundendienstzentren in ganz Südkorea und betreut rund 26,5 Millionen Stromverbraucher.

• Insgesamt physische Servicezentren: 186
• Durchschnittliche tägliche Kundenbesuche pro Center: 325
• Jährliche Kundeninteraktionen: 22,3 Millionen

Mobile Anwendung für Energiemanagement

Die mobile KEP-Anwendung hat 2,8 Millionen aktive monatliche Benutzer. Die App ermöglicht die Verfolgung des Energieverbrauchs in Echtzeit, wobei 78 % der Nutzer ihren Energieverbrauch wöchentlich überprüfen.

Metrik für mobile Apps	Daten für 2024
Aktive monatliche Benutzer	2,800,000
Wöchentliche Nutzungsverfolgung	78%
App Store-Bewertung	4.6/5

Direkte Abrechnungskommunikation

KEP verarbeitet monatlich 26,5 Millionen Abrechnungskommunikationen über digitale und traditionelle Kanäle. Die digitale Abrechnungskommunikation macht 82 % der gesamten Abrechnungsinteraktionen aus.

• Monatliche Abrechnungsmitteilungen: 26.500.000
• Prozentsatz der digitalen Abrechnung: 82 %
• Durchschnittlicher Abrechnungszeitraum: 30 Tage

Regionale Vertriebsbüros

KEP betreibt neun regionale Vertriebsbüros, die alle Provinzen Südkoreas abdecken und die Strominfrastruktur für 26,5 Millionen Verbraucher verwalten.

Regionalbüro-Metrik	Statistik 2024
Gesamtzahl der Regionalbüros	9
Abgedeckte Provinzen	Alle 9 Provinzen
Insgesamt bediente Verbraucher	26,500,000

Korea Electric Power Corporation (KEP) – Geschäftsmodell: Kundensegmente

Stromverbraucher für Privathaushalte

Im Jahr 2024 versorgt KEP etwa 21,5 Millionen private Stromverbraucher in Südkorea.

Segmentmerkmale	Anzahl der Verbraucher	Durchschnittlicher monatlicher Verbrauch
Wohnhaushalte	21,500,000	392 kWh pro Haushalt

Industrie- und Fertigungssektoren

KEP versorgt 85.000 Industrie- und Fertigungskunden mit Strom.

Branchentyp	Anzahl der Kunden	Stromverbrauch
Schwerindustrie	35,000	45 % des gesamten industriellen Stromverbrauchs
Elektronikfertigung	25,000	30 % des gesamten industriellen Stromverbrauchs
Andere Fertigung	25,000	25 % des gesamten industriellen Stromverbrauchs

Kommerzielle Unternehmen

KEP betreut 115.000 gewerbliche Geschäftskunden aus verschiedenen Branchen.

• Einzelhandelsunternehmen: 45.000 Kunden
• Bürokomplexe: 35.000 Kunden
• Gastgewerbe: 20.000 Kunden
• Kleine und mittlere Unternehmen: 15.000 Kunden

Regierungsinstitutionen

KEP versorgt 5.500 staatliche und öffentliche Institutionen mit Strom.

Institutionstyp	Anzahl der Kunden	Stromverbrauch
Zentrale Regierungsbüros	1,200	35 % des staatlichen Stromverbrauchs
Lokale Regierungsbüros	2,800	40 % des staatlichen Stromverbrauchs
Öffentliche Institutionen	1,500	25 % des staatlichen Stromverbrauchs

Landwirtschaftliche und ländliche Stromnutzer

KEP unterstützt 12.500 landwirtschaftliche und ländliche Stromverbraucher.

Agrarsegment	Anzahl der Kunden	Durchschnittlicher monatlicher Verbrauch
Landwirtschaftliche Genossenschaften	6,000	250 kWh pro Genossenschaft
Ländliche Gemeinden	6,500	180 kWh pro Gemeinde

Korea Electric Power Corporation (KEP) – Geschäftsmodell: Kostenstruktur

Wartung der Stromerzeugungsinfrastruktur

Jährliche Wartungskosten für die Stromerzeugungsinfrastruktur von KEP im Jahr 2023: 3,2 Billionen KRW

Infrastrukturtyp	Wartungskosten (KRW)	Prozentsatz des gesamten Wartungsbudgets
Kernkraftwerke	1,45 Billionen	45.3%
Kohlekraftwerke	980 Milliarden	30.6%
Infrastruktur für erneuerbare Energien	475 Milliarden	14.8%
Übertragungs- und Verteilungsnetze	290 Milliarden	9.3%

Kraftstoff- und Ressourcenbeschaffung

Gesamtkosten für die Treibstoffbeschaffung im Jahr 2023: 8,7 Billionen KRW

• Kohlebeschaffung: 4,2 Billionen KRW
• Erdgasbeschaffung: 2,9 Billionen KRW
• Beschaffung von Kernbrennstoffen: 1,6 Billionen KRW

Gehälter und Schulungen der Mitarbeiter

Gesamter Personalaufwand im Jahr 2023: 1,85 Billionen KRW

Ausgabenkategorie	Betrag (KRW)	Prozentsatz des Personalbudgets
Grundgehälter	1,4 Billionen	75.7%
Schulung und Entwicklung	250 Milliarden	13.5%
Leistungen und Zulagen	200 Milliarden	10.8%

Investitionen in Technologie und Netzwerkinfrastruktur

Gesamte Technologieinvestitionen für 2023: 680 Milliarden KRW

• Smart-Grid-Technologie: 240 Milliarden KRW
• Cybersicherheitsinfrastruktur: 180 Milliarden KRW
• Initiativen zur digitalen Transformation: 260 Milliarden KRW

Umwelt-Compliance- und Nachhaltigkeitsprogramme

Gesamtausgaben für die Einhaltung der Umweltvorschriften im Jahr 2023: 520 Milliarden KRW

Nachhaltigkeitsinitiative	Investition (KRW)	Prozentsatz des Umweltbudgets
Technologien zur Emissionsreduzierung	210 Milliarden	40.4%
Entwicklung erneuerbarer Energien	180 Milliarden	34.6%
Umweltüberwachungssysteme	130 Milliarden	25%

Korea Electric Power Corporation (KEP) – Geschäftsmodell: Einnahmequellen

Stromverkauf an private Verbraucher

Im Jahr 2022 erwirtschaftete KEP 136,8 Billionen KRW aus dem Stromverkauf an Privathaushalte. Die durchschnittliche monatliche Stromrechnung für einen koreanischen Haushalt betrug 107.000 KRW.

Verbrauchersegment	Jahresumsatz (Billionen KRW)	Durchschnittlicher monatlicher Verbrauch (kWh)
Privatkunden	136.8	392

Industrielle Stromlieferverträge

Industriestromverträge erwirtschafteten im Jahr 2022 214,5 Billionen KRW, was 52 % des gesamten Stromumsatzes entspricht.

• Verarbeitendes Gewerbe: 124,7 Billionen KRW
• Schwerindustrie: 59,3 Billionen KRW
• Technologieparks: 30,5 Billionen KRW

Staatliche Subventionen und Unterstützung

KEP erhielt im Jahr 2022 staatliche Subventionen in Höhe von 18,6 Billionen KRW, hauptsächlich für die Entwicklung der Infrastruktur für erneuerbare Energien.

Subventionstyp	Betrag (Billionen KRW)
Infrastruktur für erneuerbare Energien	12.4
Netzmodernisierung	4.2
Forschung & Entwicklung	2.0

Handel mit Krediten für erneuerbare Energien

Der Handel mit Krediten für erneuerbare Energien generierte im Jahr 2022 7,2 Billionen KRW, wobei Solar- und Windkredite den Großteil der Transaktionen ausmachten.

• Solarenergiegutschriften: 4,1 Billionen KRW
• Windenergiekredite: 2,5 Billionen KRW
• Energiegutschriften aus Biomasse: 0,6 Billionen KRW

Technische Beratung und Infrastrukturdienstleistungen

KEP verdiente 12,3 Billionen KRW mit technischer Beratung und Infrastrukturdienstleistungen auf internationalen Märkten.

Servicekategorie	Umsatz (Billionen KRW)	Primärmärkte
Beratung zur Netzinfrastruktur	6.7	Südostasien, Naher Osten
Kraftwerksdesign	3.2	Afrika, Südamerika
Energiemanagementsysteme	2.4	Globale Märkte

Korea Electric Power Corporation (KEP) - Canvas Business Model: Value Propositions

Stable and reliable electricity supply for national security and industry.

Korea Electric Power Corporation (KEP) is executing the 11th Long-Term Transmission and Substation Facility Plan, covering the period from 2024 to 2038, to support surging electricity demand. Government energy authorities project national electricity demand to be an estimated 106 gigawatts (GW) in 2025. KEPCO plans to invest 72.8 trillion won (approximately $53.5 billion) through 2038 to expand the national power grid. This upgraded investment plan includes extending total transmission line length to 61,183 circuit kilometers (C-km) by 2038, a 71.9% increase from the 35,596 C-km in 2023. The number of substations is set to grow from 906 to 1,297 over the same period, representing a 43.2% rise.

Diversified energy portfolio including nuclear, coal, gas, hydro, and renewables.

Korea Electric Power Corporation (KEP) focuses on maximizing the use of nuclear power and promoting decarbonization efforts as set forth in the seventh Basic Energy Plan and the GX2040 Vision. The company's power generation subsidiaries benefit from favorable adjustment coefficients, with the average adjustment coefficient for coal improving to 1.00 from 0.78 in 2024, and that for Korea Hydro & Nuclear Power Co. Ltd. (KHNP) improving to 0.59 from 0.43 in 2024.

The energy portfolio strategy is reflected in recent financial performance:

• Nuclear power plant utilization rate rose from 81.7% last year to 86.5% this year (Q3 2025).
• Fuel expenses for KEPCO's generation subsidiaries decreased by 1.2239 trillion Korean won in Q3 2025 compared to a year ago.
• The System Marginal Price (SMP) for wholesale electricity saw a 10.9% year-on-year decline.

Customized power services and flexible electricity rate options.

Performance in the third quarter of 2025 was significantly boosted by an average increase of 9.7% in industrial electricity rates implemented in 2024. Revenue from electricity sales increased by 1.4518 trillion Korean won in Q3 2025 compared to the same period last year.

Key financial and operational metrics for the third quarter of 2025:

Metric	Value (Consolidated)	Comparison
Operating Profit (Q3 2025)	5.6519 trillion Korean won	Highest quarterly figure in history
Operating Profit Increase (YoY Q3 2025)	66.4%	Year-on-year increase
Net Income (Q3 2025)	3.79 trillion won	Highest in a decade
Net Profit Increase (YoY Q3 2025)	101.6%	Year-on-year increase
Sales (Q3 2025)	27.5724 trillion Korean won	Record high

Global energy solution provider expertise for international partners.

KEPCO Nuclear Fuel ("KEPCO NF" or "KNF"), South Korea's sole specialist in nuclear fuel design, manufacturing, and service, published its 2025 Sustainability Report to disclose its ESG activities.

Lower-cost power generation through increased nuclear utilization.

The improved nuclear capacity factor from 81.7% to 86.5% in Q3 2025 led to higher generation from cheaper nuclear power, reducing reliance on more expensive power sources. For comparison, a 1% decrease in the nuclear power utilization rate at Kansai Electric Power increases fuel costs by about 5.3 billion yen (FY 2024).

Financial risk profile improvement estimates for 2025:

• Estimated EBITDA for 2025: KRW 29 trillion.
• EBITDA in 2024 was KRW 23 trillion.
• Forecasted EBITDA margin for 2025-2026: 29.1%-29.3%.
• EBITDA margin in 2024 was 24.4%.

Korea Electric Power Corporation (KEP) - Canvas Business Model: Customer Relationships

Regulated service model for essential utility provision.

Korea Electric Power Corporation (KEPCO) operates as the sole distributor of electricity in South Korea. Through its six generation subsidiaries, KEPCO is responsible for roughly 96% of the nation's electricity generation. The company reported consolidated operating revenues of KRW 73.7465 trillion for the first nine months of 2025. The operating profit for the third quarter of 2025 reached 5.65 trillion won, marking a 66.4% year-on-year increase. Net income for Q3 2025 rose by 101.6% to 3.79 trillion won. As of June 2025, the company's debt stood at 206.2 trillion won.

Dedicated account management for large industrial and commercial users.

The pricing structure for large users saw a change with a 9.7% electricity rate hike for industrial users implemented in October 2024. This adjustment contributed to a 2.45 trillion-won increase in profit from electricity sales in the first half of 2025, even with a 0.05% decrease in sales volume over the same period. In the broader B2B environment, 70% of marketers report having an active Account-Based Marketing (ABM) program in place in 2025. Furthermore, the large enterprises segment accounts for about 63.0% of the total account planning tool market in 2025.

Here's a look at the context for managing these high-value accounts:

• Account-Based Marketing (ABM) is used by 67% of brands for engaging key accounts.
• The account planning tool market size in 2025 is valued at USD 1.4 billion.
• ABM strategies have shown an impressive 97% of marketers report higher ROI compared to other strategies.

Digital engagement for customized rate options and service management.

Korea Electric Power Corporation (KEPCO) plans to enhance customized power services by expanding electricity rate options and developing a variety of electricity products to support consumers in using power more reasonably. The goal is to control power supply and demand in real time and increase system reliability by utilizing technology. Industry-wide trends suggest that by 2025, 85% of customer interactions are expected to be managed without human intervention. Also, 76% of customers are more likely to purchase from businesses that customize the Customer Experience (CX).

Digital Engagement Benchmarks (2025 Context):

Metric	Reported Figure
Customer Interactions Managed Without Human Intervention (Expected by 2025)	85%
Customers More Likely to Purchase with Customized CX	76%
AI-Assisted Customer Interactions (Anticipated by 2025)	95%

Technical cooperation and knowledge-sharing with international utilities.

Korea Electric Power Corporation (KEPCO) is committed to leading the innovation of the power industry ecosystem. This involves actively promoting R&D investment and technology commercialization to develop innovative technologies in new industries. The company plans to create new growth opportunities in cooperation with startups and expand strategic investments linked to government policies by transferring KEPCO's owned technology. In alignment with broader industry goals, some utility groups proactively collaborate with business partners, national and local governments, research institutions, and other relevant parties to help customers realize zero-carbon operations.

Moving from pure utility to energy solution provider.

Korea Electric Power Corporation (KEPCO) has declared its new 2025 vision to become a Global Energy & Solution Leader, moving beyond its traditional role as a power supply company. The long-term ambition is to grow into a global energy company with sales reaching 127 trillion won by 2035. This pivot involves intelligently developing power infrastructure and modernizing the grid to handle bidirectional energy flows from distributed energy resources (DERs). The government-backed plan aims to integrate 36 gigawatts (GW) of DERs, primarily solar, into the grid by 2028.

Korea Electric Power Corporation (KEP) - Canvas Business Model: Channels

You're looking at the channels Korea Electric Power Corporation (KEP) uses to deliver its core service-electricity-and manage its customer relationships in late 2025. The sheer scale of the operation means the channels are dominated by physical infrastructure, but digital adoption is clearly a growing focus.

National high-voltage transmission and distribution network. This is the primary, non-negotiable channel, representing the physical backbone of KEP's entire operation. While the exact length in kilometers isn't readily available in the latest reports, the scale is implied by the massive financial throughput. For the first nine months of 2025, KEP's consolidated operating revenues hit a substantial KRW 73.7465 trillion. The company is actively investing in modernizing this, including the government-backed 'energy expressway' initiative, which involves building High-Voltage Direct Current (HVDC) infrastructure nationwide. This network supports the delivery of electricity that resulted in Q3 2025 consolidated operating revenues of KRW 27.5724 trillion.

Local service centers and physical touchpoints for residential customers. KEP remains the sole electricity distributor in South Korea, meaning these centers are the essential physical interface for millions of residential and commercial users. The company serves a vast customer base, which is reflected in the Q3 2025 electricity sales volume reaching 419.9 TWh. The financial health supporting these physical touchpoints is evident in the Q3 2025 operating profit surge to KRW 5.6519 trillion. However, the number of physical centers themselves is not explicitly detailed in the latest public filings.

Digital platforms and mobile applications for billing and service requests. KEP is pushing digital adoption, though specific user counts for its apps aren't public. We know that globally, digital engagement is high, with social media users equating to more than 60 percent of the global population at the start of 2025. KEP's strategy involves promoting solutions related to energy usage, which points directly to app-based engagement for things like usage monitoring and service requests. The company's overall financial recovery in 2025, with net income for Q3 2025 reaching approximately KRW 3.79 trillion, provides the capital to enhance these digital channels.

Direct contracts and negotiations with large industrial consumers. This segment is critical, as industrial demand directly impacts sales volume and revenue stability. KEPCO noted that full-year electricity sales volume for 2025 was projected to be slightly down due to a downturn in the manufacturing sector. This highlights the direct link between the industrial channel and KEP's top line. The company's consolidated revenue for the first half of 2025 was KRW 46,174 billion. The pricing mechanism for this segment is also a key channel lever, as evidenced by the 9.7 percent electricity rate hike for industrial users in October 2024, which contributed to the Q3 2025 profit surge.

International business development teams for overseas projects. KEP is actively developing electric power projects globally, including nuclear. These teams operate through direct negotiations and project execution overseas. The scale of this channel is represented by the total output from KEPCO's investment in overseas projects, which is approximately 2,872 MW across 18 projects in operation. The total investment amount for these projects is approximately 240.0 billion yen. For reference, the International Business Profit for a recent period was reported as -KRW 1.0 (in billions or similar unit).

Here is a snapshot of the financial scale underpinning these channels as of late 2025:

Metric	Value (Latest Available 2025 Data)	Period
Consolidated Operating Revenues	KRW 73.7465 trillion	9M 2025
Consolidated Operating Profit	KRW 5.6519 trillion	Q3 2025
Consolidated Net Income	KRW 3.79 trillion	Q3 2025
Total Debt	KRW 206.2 trillion	Mid-2025
Electricity Sales Volume	419.9 TWh	Q3 2025

The channels KEP uses are dictated by its monopoly status domestically and its project-based approach internationally. You can see the operational focus through these key figures:

• HVDC transmission capacity increases are targeted for the first phase around October 2026.
• Nuclear output utilization is expected to be in the mid-to-high-80% range in 2025.
• The company is working toward achieving a 50% CO2 emission reduction compared to 2013 targets for domestic power generation projects by 2025, two years ahead of schedule.

The reliance on the physical network is absolute, but the financial results show that rate adjustments and cost control are the immediate levers KEP is pulling to improve the health of the business that flows through these channels. Finance: draft 13-week cash view by Friday.

Korea Electric Power Corporation (KEP) - Canvas Business Model: Customer Segments

You're looking at Korea Electric Power Corporation (KEPCO) because its customer base is essentially the entire South Korean economy, which is a unique position for any utility. KEPCO is the state-backed utility monopoly, responsible for the transmission and distribution of power to virtually every end-user in the country. Its structure involves six wholly owned generation subsidiaries that feed power into the system, which KEPCO then distributes.

The customer segments are served through a regulated structure, though regulatory changes, like the introduction of a wholesale pricing system in 2025, are beginning to shift dynamics. For the first nine months of 2025 (9M 2025), the company's consolidated operating revenues hit KRW 73.7465 trillion.

Residential Customers (millions of households)

This segment represents the foundational customer base, covering all households in South Korea. While the exact current number of millions of households served isn't explicitly stated in the latest reports, the structure implies coverage of the entire nation. Electricity sales volume in the third quarter of 2025 (Q3 2025) reached 419.9 TWh. The residential segment's demand is a key driver, though Q1 2025 sales volume saw a 0.5% decline partly due to factors outside this segment.

Commercial Customers (small and medium-sized businesses)

This group includes offices, retail, and smaller service-sector entities. KEPCO serves this segment as part of its general distribution network alongside residential users. The company's segmentation strategy explicitly includes criteria like income and lifestyle, which directly relate to commercial and residential profiles.

Industrial Customers (large manufacturers, data centers, high-demand users)

This is a critical segment, often driving the largest volume of electricity sales. Management noted that the full-year 2025 sales projection anticipates a slight decline due to the impact of a downturn in the manufacturing sector. This indicates that industrial demand is a significant, albeit currently softening, component of KEPCO's domestic revenue base. The rise of AI and data centers is a noted factor increasing overall electricity demand uncertainty.

Here's a look at the most recent reported sales revenue breakdown:

Metric	Value (Q3 2025)	Year-over-Year Change
Total Electricity Sales Revenue	KRW 70.6316 trillion (for 9M 2025)	Up 5.9% (Q3 2025)
Electricity Sales Revenue Share of Total Revenue	95.78% (9M 2025)	N/A
Electricity Sales Volume	419.9 TWh (Q3 2025)	Up 0.4% (Q3 2025)

International Governments and Utility Companies (nuclear and grid exports)

KEPCO is actively pivoting to become a 'Global Energy & Solution Leader,' making this segment a key growth engine. This involves exporting nuclear technology and securing long-term power grid projects. The company is pursuing active bids in Vietnam and Saudi Arabia for nuclear projects. Furthermore, a major win was secured with a 25 trillion won contract for a nuclear power plant in the Czech Republic. KEPCO also signed an agreement with the UAE's Emirates Nuclear Energy Company covering small modular reactors (SMRs). The long-term goal is to achieve overseas and growth business sales of 20 trillion won by 2035.

Power Generation Subsidiaries (internal market)

The six wholly owned generation subsidiaries form an essential internal customer/supplier relationship. KEPCO purchases the power generated by these subsidiaries, which collectively account for roughly 96% of South Korea's electricity generation. This internal transaction forms the core of KEPCO's power purchase cost structure. For instance, KEPCO E&C revised a sales and supply contract with its subsidiary KHNP, raising the deal value to 71.59... (specific final figure incomplete).

KEPCO's customer base is defined by its monopoly status domestically, but its future growth is clearly tied to these external, high-value international contracts. Finance: review the 2035 target of KRW 20 trillion in overseas sales against current pipeline progress by next Tuesday.

Korea Electric Power Corporation (KEP) - Canvas Business Model: Cost Structure

You're looking at the hard numbers driving Korea Electric Power Corporation (KEP) costs as of late 2025. It's a story dominated by debt servicing and the volatile cost of fuel, even with recent profitability improvements.

Fuel procurement costs remain a major variable expense, though recent stabilization has helped margins. For the third quarter of 2025, the fuel cost component was reported at KRW 14,826 billion, marking a 16% decrease year-on-year. Looking at the first half of 2025, the consolidated fuel cost was KRW 9.3252 trillion, which was a 14.6% reduction.

The high interest expense on substantial debt is a constant drag. As of the second quarter of 2025, KEP's consolidated debt reached KRW 206.2323 trillion, confirming the massive scale you mentioned. Interest expenses for the first half of 2025 alone totaled KRW 2.2112 trillion. This elevated debt load is a key factor management cites for future tariff adjustments.

Costs of purchasing electricity from private power generators, or power purchase costs, also feature prominently. In Q3 2025, this cost stood at KRW 26,606.3 billion. For the first quarter of 2025, the power purchase cost was KRW 8.75 trillion.

Regarding Capital expenditure (CapEx) for grid modernization and new power projects, specific full-year 2025 figures aren't immediately clear in the latest reports, but management stresses the need for investment in the power grid and the pursuit of overseas nuclear power projects in places like Vietnam and Saudi Arabia.

Transmission, distribution, and maintenance costs are bundled within the larger Cost of Sales and SG&A expenses. For the first half of 2025, these combined expenses totaled KRW 40,284.6 trillion (likely billion) on a consolidated basis. Management reported a 2.7% overall reduction in operating expenses for Q3 2025.

Here's a quick look at some of the key cost-related figures from the first half and third quarter of 2025:

Cost Component	Period	Reported Amount (KRW)	Notes
Consolidated Debt	Q2 2025	206.2323 trillion	Debt ratio: 472.2%
Interest Expense	H1 2025	2.2112 trillion	Total for the first half
Fuel Cost	Q3 2025	14,826 billion	Down 16% year-on-year
Power Purchase Cost	Q3 2025	26,606.3 billion	Down 0.8%
Cost of Sales & SG&A	H1 2025	40,284.6 trillion	Consolidated total

You should also track the costs associated with renewable energy mandates, which are significant:

• RPS costs (Consolidated) for H1 2025 were KRW 1,958.9 trillion (likely billion).
• RPS costs (Consolidated) for Q3 2025 were KRW 2,876.1 billion.

The generation mix is defintely impacting these costs, with nuclear utilization forecast in the mid- to high-80% range for 2025, while coal is expected in the mid-40% range and LNG in the mid- to high-20% range. Finance: draft 13-week cash view by Friday.

Korea Electric Power Corporation (KEP) - Canvas Business Model: Revenue Streams

You're looking at the revenue side of Korea Electric Power Corporation (KEP) as of late 2025, and the numbers show a utility benefiting from regulated price adjustments, even as it manages massive debt. The core of the revenue stream remains the sale of electricity to domestic customers, which is tied to government-regulated rates.

For the first nine months of 2025, the company's consolidated operating revenues reached KRW 73.7465 trillion. This top-line performance reflects the operational environment, which saw a significant boost in the third quarter.

Specifically, Q3 2025 sales hit a record high of KRW 27.5724 trillion. This quarterly record was supported by a favorable mix of volume and pricing for the power sold.

Here's a breakdown of the Q3 2025 revenue components, showing where that record sales figure came from:

Revenue Component	Amount (KRW)	Notes
Total Sales Revenue (Q3 2025)	27,572,400,000,000	Record quarterly sales.
Electricity Sales Revenue (Q3 2025)	70,631,600,000,000 (for 9M, but Q3 component is derived)	Electricity sales revenue for Q3 2025 was KRW 70,631.6 billion (or 70.6316 trillion KRW) on a consolidated basis.
Other Revenue (Q3 2025)	3,114,900,000,000	Includes revenue from overseas business income.

The domestic electricity sales are the primary driver, and you can see the impact of the regulated rate environment. Compared to the first to third quarters of the previous year, the unit price rose by 5.5%, moving from 161.5 Korean won per kWh to 170.4 Korean won per kWh. This pricing power, combined with a marginal increase in electricity sales volume of 0.4% year-on-year in Q3, fueled the revenue growth.

The direct financial result of the electricity sales performance in the quarter was substantial: Profit from electricity sales increased by KRW 1.4518 trillion in Q3 2025 year-on-year.

Beyond the domestic grid, Korea Electric Power Corporation (KEP) secures revenue from its international activities. This is captured in the 'Other Revenue' segment, which covers:

• Revenue from overseas power generation projects.
• Project development fees.
• Consulting fees related to energy infrastructure.

For Q3 2025, this 'Other Revenue' segment, which includes overseas business income, was reported at KRW 3,114.9 billion. Still, this segment saw a slight dip, down by 0.9% year-on-year for the quarter.

You should note the expected headwinds for the full year, even with the strong Q3. Management projected that full-year electricity sales volume for 2025 would decline slightly due to weaker economic growth and a downturn in the manufacturing sector. That's a demand headwind you need to factor into any forward-looking model.