President Park Sung-chul of KEPCO KDN makes an inspection tour to prevent safety accidents on March 12 as a thawing season in spring has set in. (Photo: KEPCO KDN)

Despite two years of dramatic changes in the business environment, KEPCO KDN executives and staff made joint efforts to achieve management goals and shore up a foundation for sustainable growth.

Thanks to these efforts, the company, desperate to overcome a crisis, succeeded in attaining growth last year. KEPCO KDN President Park Sung-chul made the remarks in a recent interview with a vernacular economic daily.

KEPCO KDN has materialized management tasks, such as creating customers’ new values in the course of the government’s energy paradigm shift, leading innovative growth as a public entity beloved by people, securing energy LCT leadership and realizing social values.

President Park said KEPCO KDN has been focusing on developing new projects related to energy ICT convergence to expand future growth engines, strengthening new/renewable energy and security businesses, creating new ICT businesses for power companies and expanding overseas projects.

The company has been proactively participating in social contribution activities as a public entity, such as public service innovation and fixing safety and environment problems related to power and energy businesses and supporting shared growth with SMEs through the establishment of an ecosystem of creating good jobs.

KEPCO KDN has been devoting itself to securing global competitiveness and boosting new future energy businesses by making the most the energy ICT expertise the company has accumulated since its establishment.

The company has succeeded in building “Namjeju Smart Power Plant,” using a digital twin technology in compliance with digital transformation.

Based on the success story, KEPCO KDN is seeking to convert other power plants into “intelligent digital plants.”

The company intends to raise safety and efficiency of power supply through “intelligent power supply network projects.”

The company also aims to enter auto, health and other AI data center construction and service businesses by participating in a state-initiated AI cluster complex in Gwangju.

Following KEPCO KDN’s successful completion of a 54MW photovoltaic power project in Ibaraki, Japan, the company is working on winning more new/renewable energy projects related to energy ICT in countries such as Vietnam and Indonesia in compliance with the government’s “new southern policy initiative.”

The government has been pushing ahead with eight leading projects for innovative growth in four areas - science technology, industry, human beings, and social systems.

Out of the eight leading projects for innovative growth, KEPCO KDN has designated new energy industries, drones, smart city, bio health, FinTech, and smart farm as businesses suiting the company’s responsibilities and plans to set aside 19 billion won as new investments by 2025 in conjunction with the government’s mid- and long-term innovative growth roadmap.

KEPCO KDN is focusing on health care for older people based on telecommunications infrastructure, running fine dust cleaner/hydrogen-powered buses, and the establishment of technology cooperation experiment centers.

The company has completed a pilot project to introduce and verify a silver health care technology at the Naju Nursing House based on power telecommunications infrastructure.

The project will likely be expanded to cover other nursing houses to offer nursing care for the underprivileged brackets. Hydrogen-powered buses in which hydrogen, produced using photovoltaic power panels on the bus rooftop and engine, can empower the operation of its engine and filter, emerging as an alternative technology to tackle urban fine dust problems.

KEPCO KDN, Global and Reliable ‘Smart Energy ICT Leader’

KEPCO KDN will pioneer an energy market converging renewable energy and ICT according to the energy conversion policy.

KEPCO KDN will work on expanding the renewable energy convergence market through the following: integrated renewable energy control solutions, including solar photovoltaic energy, ESS (energy storage system); MGEMS-based energy-independent island, and entering the overseas solar photovoltaic energy market in Japan and Vietnam.

The company will continue its unwavering commitment to fulfilling its roles and responsibilities in creating social values.

As a public enterprise, KEPCO KDN will proceed together with our citizens, building safe facilities and environmental systems without industrial accidents by adopting open innovation, a communication channel with the citizens; revitalizing local economies and co-existence with small/mid-sized enterprises; non-discriminatory equal opportunities; nurturing the talent within the region; creating quality jobs; and integrity.