Sep 4, 2026CORE
Government Announces Plan to Merge Five Generation Companies Into One
The Ministry of Climate, Energy and Environment announced a plan to merge the five generation companies into a single company tentatively named Korea Power Generation, wholly owned by Korea Electric Power Corporation. The government aims to launch the integrated company on October 1, 2027, following special legislation and integration preparations.
- Ministry of Climate, Energy and Environment
- Korea Electric Power Corporation
- Korea South-East Power
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Sources
- (Reference) Plan to Integrate Five State-Owned Generation Companies into a Single Company, 'Korea Power Generation'Ministry of Climate, Energy and EnvironmentKOPress release
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OngoingEnvironment · Economy · 2001
Split of Korea's Power Generation Sector and Planned Integration of Five Generation Companies
Tracks the 2001 split of Korea Electric Power Corporation's generation business into six companies, including five thermal generation companies and Korea Hydro & Nuclear Power, and the government's 2026 decision to integrate those five companies into a single generation company.
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