Coreia Electric Power Corporation (KEP): Modelo de Negócios Canvas [Jan-2025 Atualizado]

No cenário dinâmico da produção global de energia, a Coréia Electric Power Corporation (KEPCO) surge como uma potência transformadora, navegando estrategicamente na complexa interseção da infraestrutura nacional, inovação tecnológica e desenvolvimento sustentável. Com um intrincado modelo de negócios que equilibra a geração tradicional de energia com soluções de energia renovável de ponta, a Kepco representa um estudo de caso fascinante de como uma utilidade estatal pode, simultaneamente, atender às demandas críticas de energia nacional, enquanto pioneira em estratégias ambientais para o futuro. Essa exploração do modelo de negócios da KEPCO Canvas revela os mecanismos sofisticados que impulsionam uma das organizações de infraestrutura mais críticas da Coréia do Sul, oferecendo informações sobre sua abordagem multifacetada à geração, distribuição e avanço tecnológico multifacetados.

Coreia Electric Power Corporation (KEP) - Modelo de negócios: Parcerias -chave

Governo da Coréia do Sul (parceiro regulatório e estratégico primário)

O Ministério do Comércio, Indústria e Energia detém 51,1% de participação de propriedade em Kepco a partir de 2023. Apoio anual da política energética do governo estimada em 2,5 trilhões de KRW.

Dimensão da parceria	Detalhes específicos	Impacto financeiro
Colaboração regulatória	Alinhamento da política energética nacional	1,8 trilhão de suporte de investimento da KRW
Planejamento estratégico	Desenvolvimento de infraestrutura energética de longo prazo	700 bilhões de financiamento de infraestrutura KRW

Provedores de tecnologia de energia renovável

A KEPCO colabora com 12 principais empresas de tecnologia renovável na Coréia do Sul.

• Fabricantes de painéis solares: 5 parcerias estratégicas
• Provedores de tecnologia de turbinas eólicas: 3 colaborações -chave
• Desenvolvedores do sistema de armazenamento de energia: 4 parcerias ativas

Fabricantes de equipamentos de energia nuclear

A KEPCO mantém parcerias com 7 fabricantes de equipamentos nucleares domésticos e internacionais.

Fabricante	País	Valor do contrato
Indústrias pesadas de Doosan	Coréia do Sul	450 bilhões de krw
Mitsubishi Heavy Industries	Japão	350 bilhões de krw
Westinghouse Electric	Estados Unidos	320 bilhões de krw

Parceiros internacionais de interconexão de grade

A KEPCO mantém acordos de interconexão transfronteiriça com 4 países.

• Grade de energia do Japão: capacidade de interconexão de 500 MW
• Grade da Rússia Power: Capacidade de interconexão de 300 MW
• China Southern Power Grid: capacidade de interconexão de 250 MW

Instituições de pesquisa e universidades

A KEPCO colabora com 15 instituições de pesquisa e universidades de inovação tecnológica.

Instituição	Foco na pesquisa	Financiamento anual de pesquisa
Universidade Nacional de Seul	Sistemas de energia avançada	50 bilhões de krw
Kaist	Tecnologia nuclear	45 bilhões de krw
Instituto de Pesquisa de Energia da Coréia	Energia renovável	60 bilhões de krw

Coreia Electric Power Corporation (KEP) - Modelo de negócios: Atividades -chave

Geração de eletricidade em várias fontes de energia

A KEP opera um portfólio diversificado de geração de energia com a seguinte quebra:

Fonte de energia	Capacidade instalada (MW)	Percentagem
Nuclear	23,241	29.5%
Carvão	21,684	27.5%
Gás natural	18,543	23.5%
Energia renovável	11,256	14.3%
Óleo	4,562	5.2%

Gerenciamento de infraestrutura de transmissão e distribuição de energia

KEP gerencia uma extensa infraestrutura de transmissão:

• Comprimento total da linha de transmissão: 115.342 quilômetros
• Linhas de transmissão de alta tensão: 42.567 quilômetros
• Subestações: 1.289 unidades
• Capacidade total do transformador: 324.567 MVA

Estabilidade da grade e manutenção da rede de energia

Investimento anual de manutenção de grade:

Categoria de manutenção	Investimento anual (USD)
Atualização de infraestrutura da grade	1,2 bilhão
Tecnologia de grade inteligente	456 milhões
Sistemas de manutenção preditivos	287 milhões

Desenvolvimento de projetos de energia renovável

Portfólio de projetos de energia renovável:

• Projetos de energia solar: 3.456 MW
• Projetos de energia eólica: 2.789 MW
• Projetos hidrelétricos: 1.234 MW
• Energia de biomassa: 567 MW

Iniciativas de eficiência energética e conservação

Métricas do Programa de Eficiência Energética:

Iniciativa	Economia anual de energia
Implantação de medição inteligente	1,2 milhão de MWh
Programas de eficiência energética industrial	2,4 milhões de MWh
Conservação de energia residencial	876.000 MWh

Coreia Electric Power Corporation (KEP) - Modelo de negócios: Recursos -chave

Instalações de geração de energia

Capacidade total instalada: 110.764 MW a partir de 2023

Tipo de geração	Capacidade (MW)	Percentagem
Nuclear	23,116	20.9%
Carvão	36,680	33.1%
Gás natural	27,400	24.7%
Renovável	23,568	21.3%

Rede de transmissão e distribuição

• Total de linhas de transmissão: 65.213 quilômetros de circuito
• Subestações: 1.573 unidades
• Níveis de tensão de transmissão: 765kv, 345kv, 154kv

Capital financeiro

Total de ativos: 107,8 trilhões KRW (Relatório Financeiro de 2023)

Despesas de capital anual: 12,4 trilhões de krw

Recursos Humanos

Total de funcionários: 24.671 (a partir de 2023)

• Porcentagem de força de trabalho técnica: 68%
• Idade média dos funcionários: 42,3 anos
• Horário anual de treinamento por funcionário: 86 horas

Pesquisa e inovação

Investimento anual de P&D: 523 bilhões de KRW

• Centros de pesquisa: 3 instalações dedicadas
• Patentes ativas: 647
• Aplicações anuais de patente: 89

Coreia Electric Power Corporation (KEP) - Modelo de negócios: proposições de valor

Fornecimento de eletricidade confiável e consistente para infraestrutura nacional

O KEP oferece 100% de cobertura de eletricidade em toda a Coréia do Sul, fornecendo 483.973 GWh de eletricidade em 2022. A corporação mantém um 99,99% da taxa de confiabilidade da grade.

Capacidade de geração de eletricidade	Volume total	Métrica de confiabilidade
Capacidade total de geração	129.704 MW	99.99%

Portfólio de energia diversificado, reduzindo a dependência da fonte única

A quebra de mix de energia da KEP para 2022:

• Energia nuclear: 27,4%
• Poder a carvão: 29,8%
• Gás natural: 25,6%
• Energia renovável: 6,4%
• Petróleo e outros: 10,8%

Compromisso com transição de energia sustentável e limpa

Investimento em infraestrutura de energia renovável: 3,2 trilhões de KRW até 2030. Alvo de reduzir as emissões de carbono em 41,7% em comparação com os níveis de 2018.

Alvo de energia renovável	Investimento	Objetivo de redução de emissão
20% da geração total até 2030	3,2 trilhões de krw	41,7% de redução

Preços competitivos de eletricidade para consumidores industriais e residenciais

Taxas médias de eletricidade em 2022:

• Residencial: 118,7 KRW por kWh
• Industrial: 86,5 KRW por kWh
• Comercial: 107,3 ​​KRW por kWh

Soluções tecnológicas avançadas para gerenciamento de energia

A KEP investiu 512 bilhões de KRW em tecnologias de grade e transformação digital inteligentes em 2022.

Investimento em tecnologia	Desenvolvimento de grade inteligente	Orçamento de transformação digital
512 bilhões de krw	15 projetos de grade inteligente piloto	237 bilhões de krw

Coreia Electric Power Corporation (KEP) - Modelo de Negócios: Relacionamentos do Cliente

Prestação de Serviço Mandada do Governo

A KEP atende 26,1 milhões de clientes de eletricidade em toda a Coréia do Sul a partir de 2023, com um mandato de cobertura de eletricidade 100% nacional.

Categoria de cliente	Número de clientes	Cobertura de serviço
Clientes residenciais	20,3 milhões	78% do total de clientes
Clientes comerciais	5,4 milhões	20,7% do total de clientes
Clientes industriais	0,4 milhão	1,3% do total de clientes

Centros de suporte ao cliente e plataformas digitais

A KEP opera 256 centros de suporte ao cliente em todo o país com canais de engajamento digital.

• Usuários de aplicativos móveis: 4,2 milhões
• Portal de atendimento ao cliente on -line Usuários registrados: 6,8 milhões
• Tempo médio de resolução do serviço digital: 12,4 minutos

Relatórios de cobrança e consumo transparentes

O KEP fornece um faturamento mensal detalhado com rastreamento de consumo em tempo real.

Métrica de cobrança	Valor médio
Conta residencial mensal média	₩85,600
Taxa de pagamento de fatura online	92.3%

Serviços de consulta de eficiência energética

O KEP fornece consultas gratuitas de eficiência energética aos clientes.

• Consultas anuais de economia de energia: 124.000
• Clientes implementando recomendações de eficiência: 68.500
• Economia média de energia por consulta: 15,7%

Comunicação regular sobre desenvolvimentos de infraestrutura energética

O KEP mantém canais de comunicação abrangentes para atualizações de infraestrutura.

Canal de comunicação	Engajamento anual
Seminários de infraestrutura pública	42 eventos
Assinantes de newsletter digital	1,9 milhão
Seguidores de mídia social	3,4 milhões

Coreia Electric Power Corporation (KEP) - Modelo de Negócios: Canais

Portais de atendimento ao cliente online

A KEP opera uma plataforma on -line abrangente com 4,2 milhões de contas de usuário registradas a partir de 2024. O Portal Digital processa aproximadamente 1,3 milhão de transações mensais, incluindo pagamentos de contas, relatórios de uso de energia e solicitações de serviço.

Métrica portal	2024 Estatísticas
Usuários registrados	4,200,000
Transações mensais	1,300,000
Tempo médio de resposta	12 minutos

Centros de atendimento ao cliente físico

A KEP mantém 186 centros de atendimento ao cliente físico em toda a Coréia do Sul, atendendo a aproximadamente 26,5 milhões de consumidores de eletricidade.

• Total de Centros de Serviço Físico: 186
• Visitas médias diárias de clientes por centro: 325
• Interações anuais do cliente: 22,3 milhões

Aplicativo móvel para gerenciamento de energia

O aplicativo móvel KEP possui 2,8 milhões de usuários mensais ativos. O aplicativo fornece rastreamento de consumo de energia em tempo real, com 78% dos usuários verificando seu uso de energia semanalmente.

Métrica de aplicativo móvel	2024 dados
Usuários mensais ativos	2,800,000
Rastreamento semanal de uso	78%
App Store Classificação	4.6/5

Comunicação de cobrança direta

O KEP processa 26,5 milhões de comunicações de cobrança mensal por meio de canais digitais e tradicionais. A comunicação de cobrança digital representa 82% das interações totais de cobrança.

• Comunicações de cobrança mensal: 26.500.000
• Porcentagem de cobrança digital: 82%
• Ciclo médio de cobrança: 30 dias

Escritórios de distribuição regional

A KEP opera 9 escritórios de distribuição regional, cobrindo todas as províncias da Coréia do Sul, gerenciando a infraestrutura de eletricidade para 26,5 milhões de consumidores.

Métrica do Escritório Regional	2024 Estatísticas
Escritórios regionais totais	9
Províncias cobertas	Todas as 9 províncias
Total de consumidores atendidos	26,500,000

Coreia Electric Power Corporation (KEP) - Modelo de negócios: segmentos de clientes

Consumidores de eletricidade residencial

A partir de 2024, a KEP atende a aproximadamente 21,5 milhões de consumidores de eletricidade residencial na Coréia do Sul.

Características do segmento	Número de consumidores	Consumo mensal médio
Famílias residenciais	21,500,000	392 kWh por família

Setores industriais e de manufatura

A KEP fornece eletricidade a 85.000 clientes industriais e de fabricação.

Tipo de indústria	Número de clientes	Consumo de eletricidade
Fabricação pesada	35,000	45% do consumo total de eletricidade industrial
Fabricação eletrônica	25,000	30% do consumo total de eletricidade industrial
Outra fabricação	25,000	25% do consumo total de eletricidade industrial

Negócios comerciais

A KEP atende 115.000 clientes comerciais em vários setores.

• Empresas de varejo: 45.000 clientes
• Complexos de escritório: 35.000 clientes
• Setor de hospitalidade: 20.000 clientes
• Pequenas e médias empresas: 15.000 clientes

Instituições governamentais

A KEP fornece eletricidade a 5.500 instituições do governo e do setor público.

Tipo de instituição	Número de clientes	Consumo de eletricidade
Escritórios do governo central	1,200	35% do consumo de eletricidade do governo
Escritórios do governo local	2,800	40% do consumo de eletricidade do governo
Instituições públicas	1,500	25% do consumo de eletricidade do governo

Usuários de eletricidade agrícola e rural

A KEP suporta 12.500 consumidores de eletricidade agrícola e rural.

Segmento agrícola	Número de clientes	Consumo mensal médio
Cooperativas agrícolas	6,000	250 kWh por cooperativa
Comunidades rurais	6,500	180 kWh por comunidade

Coreia Electric Power Corporation (KEP) - Modelo de negócios: estrutura de custos

Manutenção de infraestrutura de geração de energia

Custos anuais de manutenção para a infraestrutura de geração de energia da KEP em 2023: 3,2 trilhões de KRW

Tipo de infraestrutura	Custo de manutenção (KRW)	Porcentagem do orçamento total de manutenção
Usinas nucleares	1,45 trilhão	45.3%
Usinas a carvão	980 bilhões	30.6%
Infraestrutura de energia renovável	475 bilhões	14.8%
Redes de transmissão e distribuição	290 bilhões	9.3%

Aquisição de combustível e recursos

Despesas totais de aquisição de combustível para 2023: 8,7 trilhões de KRW

• Aquisição de carvão: 4,2 trilhões de krw
• Aquisição de gás natural: 2,9 trilhões de KRW
• Aquisição de combustível nuclear: 1,6 trilhão de KRW

Salários e treinamento de funcionários

Total de despesas relacionadas ao pessoal em 2023: 1,85 trilhão de KRW

Categoria de despesa	Quantidade (KRW)	Porcentagem do orçamento de pessoal
Salários da base	1,4 trilhão	75.7%
Treinamento e desenvolvimento	250 bilhões	13.5%
Benefícios e subsídios	200 bilhões	10.8%

Investimentos de infraestrutura de tecnologia e rede

Investimento de tecnologia total para 2023: 680 bilhões de KRW

• Tecnologia de grade inteligente: 240 bilhões de kRW
• Infraestrutura de segurança cibernética: 180 bilhões de KRW
• Iniciativas de transformação digital: 260 bilhões de KRW

Programas de conformidade ambiental e sustentabilidade

Despesas totais de conformidade ambiental em 2023: 520 bilhões de KRW

Iniciativa de Sustentabilidade	Investimento (KRW)	Porcentagem de orçamento ambiental
Tecnologias de redução de emissões	210 bilhões	40.4%
Desenvolvimento de energia renovável	180 bilhões	34.6%
Sistemas de monitoramento ambiental	130 bilhões	25%

Coreia Electric Power Corporation (KEP) - Modelo de negócios: fluxos de receita

Vendas de eletricidade para consumidores residenciais

Em 2022, a KEP gerou 136,8 trilhões de KRW a partir de vendas de eletricidade residencial. A conta média mensal de eletricidade para uma família coreana era de 107.000 KRW.

Segmento do consumidor	Receita anual (trilhão KRW)	Consumo mensal médio (kWh)
Consumidores residenciais	136.8	392

Contratos de fornecimento de eletricidade industriais

Os contratos de eletricidade industrial geraram 214,5 trilhões de KRW em 2022, representando 52% da receita total de eletricidade.

• Setor de manufatura: 124,7 trilhões de KRW
• Indústria pesada: 59,3 trilhões de KRW
• Parques de tecnologia: 30,5 trilhões de krw

Subsídios e apoio do governo

A KEP recebeu 18,6 trilhões de KRW em subsídios do governo em 2022, principalmente para o desenvolvimento de infraestrutura de energia renovável.

Tipo de subsídio	Quantidade (trilhão KRW)
Infraestrutura de energia renovável	12.4
Modernização da grade	4.2
Pesquisar & Desenvolvimento	2.0

Negociação de crédito energético renovável

A negociação de crédito energético renovável gerou 7,2 trilhões de KRW em 2022, com créditos solares e de vento representando a maioria das transações.

• Créditos de energia solar: 4,1 trilhões de KRW
• Créditos de energia eólica: 2,5 trilhões de krw
• Créditos energéticos de biomassa: 0,6 trilhão KRW

Serviços de consultoria técnica e infraestrutura

A KEP ganhou 12,3 trilhões de KRW com serviços de consultoria e infraestrutura técnica em mercados internacionais.

Categoria de serviço	Receita (trilhão KRW)	Mercados primários
Consultoria de infraestrutura de grade	6.7	Sudeste Asiático, Oriente Médio
Design da usina de energia	3.2	África, América do Sul
Sistemas de gerenciamento de energia	2.4	Mercados globais

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.