The United States Forces Korea (USFK) will see its utility bills soar, after the Korea Electric Power Corp. (KEPCO) raises electricity rates for them amid surging production costs, according to the state-run utility company, Tuesday.
The state-run utility Korea Electric Power Corp. (KEPCO) said Friday its operating loss narrowed sharply in 2023 from the previous year s record level on the back of electricity rate hikes and restructuring efforts.
Korea Electric Power Corp. (KEPCO) and POSCO are two of the top Korean companies that contribute significantly to global warming as they burn substantial amounts of fossil fuels for business activities, according to a Seoul-based nonprofit environmental group, Tuesday.
Korea Electric Power (KEPCO) on Thursday issued a public apology over a massive power outage that hit the southeastern industrial city of Ulsan the previous day.