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HISTORY

2023

  • Feb 17,Development of Power Plant Operation Efficiency Management Technology for the first time in Korea
  • Apr 19,Selected as the best institution in the Performance Evaluation Of Shared Growth
  • May 18,Selected as the best institution in the field of energy for Disaster Management Evaluation
  • Dec 26,Acquired the highest grade in the National Core-based Disaster Management Evaluation

2022

  • Jan,11,The Ministry of Public Administration and Security achieved the 'best' grade of comprehensive information disclosure evaluation.
  • Jan,13,Selected as the best institution for three consecutive years of national core-based disaster management evaluation.
  • Jan,26,Shinan Solar's 150MW green innovative financial business is the first to succeed.
  • Feb,16,Red Cross Member Merit Medal Honorary Leader Awarded
  • Mar,07,U.S. Power Research Institute won the Technology of the Year Award for Power Generation Operation.
  • Mar,10,Selected as an excellent institution for disaster response safety training in 2021.
  • Apr,20,Selected as the Best Organization for Shared Growth Performance Evaluation by Government Public Institutions in 2021.
  • May,11,The first shovel of the Jeju draft wind power generation project.
  • Jun,15,2022 Korea ESG Management Awards won the grand prize in the public sector.
  • Jul,07,2022 Received the Grand Prize for Best Practices in Safety and Health Activities of Public Institutions
  • Sep,05,He won the most presidential award among public institutions at the 2022 National Quality Division Competition.
  • Nov,25,Presidential Commendation Award at the Pan-Government Active Administrative Competition
  • Dec,19,Won the Minister of SMEs and Startups Award in regulatory innovation for the second consecutive year.
  • Dec,28,Awarded Minister of Public Sector Spatial Innovation Award
  • Dec,30,Obtained the highest rating of public data quality management certification by an excellent institution.

2021

  • Jan 4,Declare an emergency management system to overcome the management crisis.
  • Feb 16,Open 'Corporate Growth Response Center' to ease corporate regulations.
  • Apr 2,20th Anniversary of KOEN
  • Apr 26,Inauguration of 8th President & CEO(Kim, Hoe-chun)
  • Apr,29,CDP Climate Change 'Special Award for Carbon Management' for 3 consecutive years
  • Jun,10,Completion of the "Sipripo Sunlight Clean Solar Power Plant"
  • Jun,25,Received the Minister of Economy and Finance Award at the 15th National Sustainable Management Conference in 2021.
  • Jul,21,Korea's first 2050 carbon neutrality roadmap confirmed
  • Aug,04,Introduction of Metaverse to ESG Management for the First Time in Public Institutions
  • Aug,30,Won 8 Presidential Awards at the National Quality Division Competition
  • Oct,14,Simultaneous renewal of international standard information protection and personal information protection management certification (ISO-27001/27701) for the first time in a public institution
  • Dec,13,Selection of 'excellent institutions' to measure the integrity of public institutions for four consecutive years
  • Dec,27,2021 South Korea won the Minister of SMEs and Startups Award at the Korea SMEs Regulatory Innovation Awards

2020

  • Feb 10,Received the citation for good institution of education management in the field of disaster safety by Ministry of Public Administration and Security
  • Mar 09,Awarded with the prize of Minister of Commerce & Industry of “2020 Green Climate Korea”
  • Apr 28,Received “CDP Climate Change carbon management special prize” for 2 consecutive years
  • Nov 09,Appointed as the best institution(presidential citation) in disaster management assessment of national core infrastructure
  • Nov 18,Received the prize of Prime Minister of “2020 Best of Best Government Innovation”
  • Dec 10,Appointed as “good institution” in cleanness level measurement of public institution for 3 consecutive years

2019

  • Feb 18,Received Grand Prize for Internal Audit Category in 2019 Korea Public Policy Awards
  • Mar 28,Declared KOEN 2030 New Vision for Mutual Growth
  • Jul 09,Received Prime Minister Prize in 2019 Global Green Management Excellence Awards
  • Sep 27,Certified as Best HRD in Public Sector for 3 consecutive times
  • Dec 05,Received Prime Minister’s Award in the Volunteer Awards 2019
  • Dec 13,Received Presidential Award in 2019 Promotion of Practical Use of New Technology

2018

  • Feb 13,Inauguration of 7th President & CEO(Lyu, Hyang-reol)
  • Mar 13,Completion of Samcheonpo Solar ESS, the largest in Korea
  • Apr 5,Completion of the fifth phase of fuel cell
  • Apr 23,Selected as the best and innovative governmental organization
  • Oct 30,Construction of Gunsan Floating Photovoltaic Plant, the largest in Korea

2017

  • Feb 15,KOEN (KOSEP) won KEMG (Korea Ethical Management Grandprix)
  • Dec 14,Received Grand Prize in Korea Education & Donation Awards

2016

  • Jan 4,Declared vision & brand management
  • Sep 29,Tamra Offshore Wind Power in Jeju initiated power generation
  • Nov 17,Inauguration of 6th President & CEO(Jang, Je-won)

2015

  • Apr 21,Selected as Outstanding Public Enterprise for Korean Government 3.0 Assessment

2014

  • February 4Completition of the photovoltaic generation facilities in Gyeongsang National University, Gajwa Campus
  • February 26The 30th anniversary of unit #1, 2 completion in Samcheonpo TP
  • March 27HQ relocation to the innovative city of Jinju
  • August 27Bundang Thermal Power, Received President ‘s gold award for public company onsite improvement in 40th Nation-wide Quality Contest
  • September 3KOSEP won KGWPI
  • October 7Bundang Thermal Power, Received Prime Minister of Ministry of Environment’s Award for Green Management
  • November 13New Employee Ceremony
  • November 19KOSEP Joint Growth Conference
  • November 20Accomplished 20 million tons recycling of residual products of electric generation
  • December 3Annual Contest : Benefit-Sharing of the Ten Core Groups
  • December 6Bundang Thermal Power, Achieved 19 times(8,000 straight days) accident-free record
  • December 16KOSEP won the 22nd Safety Management Ground Prize
  • December 16KOSEP won the KOREA IDEA Ground Prize
  • December 18Bundang Thermal Power, Achieved S Grade in PSM Evaluation
  • December 19KOSEP won President's Award of Korean Women Entrepreneurs Association
  • December 23KOSEP won CEO Leadership Grand Prize
  • December 24New Employee Ceremony for High School Graduate
  • December 31KOSEP won Prime Minister's Medal for Merit of Job Creation

2013

  • January 25Entered into the agreement of "Photovoltaic power plant development project" in Gyeongsang National University
  • February 25Shareholder agreement of Joint development of electric power project for India
  • March 6Completion of the Photovoltaic power system in expressway
  • March 28Bundang Thermal Power, Appointed as ‘Green Company’ by Ministry of Environment (third time appointment)
  • April 4Entered into the Joint Development Agreement on hydroelectric power plants in Cambodia(Prek Liang)
  • April 30Bundang Thermal Power, Completion of 2nd stage fuel cell(3.08MW)
  • June 14Won the award from the Board of Audit and Inspection for results of self-inspection activities
  • July 18Awarded the grand prize in Digital management innovation in Korea
  • August 3Completion of the first Sunny Garden in Sacheon
  • September 12Bundang Thermal Power, Achieved 18 times(7,480 straight days) accident-free record
  • September 23Inauguration of the 5th CEO, Heo Yeop
  • November 7 Bundang Thermal Power, Appointed as best company for workplace innovation in 2013

2012

  • January 5Foundation of the Ansan combined cycle Inc., "S-Power"
  • February 2121 Shareholder agreement of the NOVUS wind power in USA
  • March 8Completion of the Photovoltaic power plants in Bulgaria
  • April 5Inauguration of the new committee of inspection, Jo Ujang
  • May 29Foundation of "G-Tops"; the special export enterprise of heavy machinery goods
  • June 13Achieved a grade "A" in performance evaluation of public enterprises
  • July 6Opening of permanent exhibition hall of small businesses
  • August 3Proclaimed KOSEP's culture of integrity
  • September 26Completion of the NOVUS wind power in USA
  • October 25Awarded as one of the 100 best company to work for
  • November 26Beginning of construction of the Ansan combined cycle power plant
  • November 26Ansan combined cycle power grondbreaking ceremony
  • December 18Held the festival of company-wide management innovation

2011

  • January 21kosep and STX construction signed MOU
  • February 1kosep and SDN signed Shareholder agreements
  • March 25kosep and Kwater signed MOU for develop Photovoltaic System on the Water

2010

  • May 24Samcheonpo Thermal Power Plant hold a solar ceremonyphotovoltaic power generation facility dedication ceremony
  • June 26Jang Do-soo, KOSEP CEO received value innovation manager Prize at SAVE International Awards Ceremony in U.S.A
  • June 15KOSEP won the prize for best Power Plant Company Evaluation and CEO Evaluation in 2009

2009

  • January 19Vision Declaration for takeoff to Global Power Leader
  • February 19Installation of 4th auditor Kim Seon Jong
  • May 20Beginning of Facilities improvement project for Yeosu Thermal Power Plant 2nd unit September 22 Awarded for Korea VE grand prize
  • November 25Awarded for silver medal from the President in National Quality Management Award(Yecheon)

2008

  • January 23Received the Best Transparency Management Prize.
  • June 13Won Presidential award at the public institution Purchase competition exhibition
  • October 29Do-Soo Jang appointed President November 20 Quality control circle Dept. received Presidential award at the National Quality Management Contest (Samcheonpo, Yeongdong, Yecheon, Muju) November 26 Received Social Contribution Corporate Award
  • December 17Yeongheung Thermal Power received the best prize at Kyung Hyang Electricty & Energy Award

2007

  • January 25Completion of 250kW Bundang Hydrogen-fuel cell power generation system
  • March 22Yeosu thermal power Plant achieves new safety record(10,000 accident-free days)
  • March 31Bundang Thermal Power, Completion of ESCO heat recovery system
  • April 3Inauguration of the third President Young-Wook Kwak June 28 The first ignition of Yeongheung Thermal Power Plant Unit 3
  • July 3Won the Minister Award in the Good Performance of RPA(Renewable Portfolio Agreement)
  • August 20Won the second place in Sustainability Report appraisal among the domestic companies
  • November 23Won the Presidential Award in the National Quality Management Award

2006

  • February 27UN Global Compact signed
  • February 27Established master and doctor's degree on combustion technology with Busan University
  • April 3KOSEP Way announced
  • October 23Sustainability Report Published
  • October 26Coner Stone Ceremony held at lower dam of Yecheon Pumped Storage Power Plant
  • October 31Bundang Thermal Power, Completion of 1st stage fuel cell(0.3MW)
  • November 21,000kWp solar photovoltaic power generation facility completed at Yeongheung
  • November 8Yeongdong Thermal Power Plant received Presidential Prize at 22th Kyunghyang Energy Awards Ceremony
  • November 23Work begun oceanic small hydro power generation facility as first in the world at Samcheonpo
  • December 22Received Consolidated Certificate of the Quality & Environmental Management System of International Standardization Organization (ISO 9001/14001).

2005

  • Our efforts to be recognized an environment-friendly company and a major player in the energy business have been acknowledged by winning the grand prize in the National Environmental Management Award and other prizes such as the Prime Minister’s Award for innovation in the field of the National Productivity. With this new found recognition and praise, KOSEP increased its standing as a global leader in the power industry.
  • January 10Employment of 110 new recruits
  • April 22Commencement of Yecheon Pumped Storage Power Plant Construction Site Office
  • April 22Ground-breaking ceremony for work at Yecheon Pumped Storage Power Plant Construction Site Office
  • April 26Certified as 5th grade in National Production Management System
  • May 25Acquired A2 (Stable) rating from Moody’s Long-Term Obligation Ratings
  • June 10Won the Prime Minister Award in the National Environmental Management Awards
  • June 10Awarded Grand Prix in National Environmental Management Awards
  • July 6Conclusion of contracts concerning equipment at Yecheon Pumped Storage Power Plant Construction Site Office
  • August 1Employment of 63 new recruits September 23 Awarded Grand Prize for Production Innovation in National Productivity Awards.
  • September 29Awarded Grand Prize for Production Innovation in National Productivity Awards.
  • September 29Won the Prime Minister Award for innovation at the National Productivity Awards
  • October 13Completion of Samcheonpo Thermal Power Plant's de-sulfurization and de-nitrification facilities
  • October 13Completion of construction of the de-sulfuration & de-nitrification facilities at the Samcheonpo Thermal Power Plant
  • November 29Completion of Samcheonpo Thermal Power Plant's solar energy power plant
  • December 20Yeosu Thermal Power Plant won the Mae-Kyung Safety Management Award

2004

  • Commence of the second managerial term with the inauguration of the second President, Hee-Gab Park, and by organizing the Nanuum Service Group, a community service program. KOSEP opened the first national high-capacity (800,000 kW) thermal power generation plant with the completion of Yeongheung Thermal Power Plant Unit 1 and Unit 2
  • March 26Completion of the repair and renovation of Unit 2 at Yeosu Thermal Power Plant
  • April 6Inauguration of the second President Hee-Gab Park
  • April 26Employment of 41 new recruits
  • May 15Groundbreaking ceremony of Unit 3 and Unit 4 of Yeongheung Thermal Power Plant
  • May 28Commencement of the base excavation construction of Unit 3 and Unit 4 sets' main building
  • July 19Employment of 57 new recruits
  • September 15Organization of Nanuum service group
  • October 29Big banquet held for KOSEP's families in Muju and Proclamation of “Global Power Leader” as a company’s vision
  • November 12Groundbreaking ceremony at Samcheonpo Small Maritime Hydrogen and Solar Photovoltaic Power Plant
  • November 19Awarded Presidential prize in National Quality competition (Yeongdong )
  • November 23Samcheonpo Thermal Power Plant won the Prime Minister Award in the Kyung Hyang Electricity Energy Awards
  • December 14Chosen as one of the best information-oriented companies by the Ministry of Information and Communication
  • December 23Completion of Unit l and Unit 2 of Yeongheung Thermal Power Plant

2003

  • We, issued the first Eurobonds, were joined by the first new members of staff, and established Yecheon construction office. KOSEP laid the foundation for becoming a world-class company by garnering various technology and management awards.
  • January 21Establishment of Yecheon Pumped Power Construction Site Office
  • May 15Completion of Muju Small Hydro Power Plant construction (400kW)
  • June 18Issuance of Eurobonds for the amount of US $150 million August 25 Employment of first 55 new recruits
  • August 25Employment of first 55 new recruits
  • September 3Won the Presidential Award in the Kyung Hyang Electric Energy Awards
  • September 5Won the grand prize for productivity innovation in the National Productivity Awards
  • October 30Imported 100 million tons of coals for the Samcheonpo Thermal Power Plant
  • November 14Won the silver prize of Presidential Award in the National Quality Competition
  • December 12Bundang Combined Cycle Power Plant won the grand prize in the Safety Management Awards

2002

  • We intelligently resolved labor union strike and rectified damages caused by Typhoon Rusa at Yeongdong plant, and were ready for our entrance into the energy business through innovative management policies. We also demonstrated our eco-friendly or environmental-friendly management credentials at KOSEP by commencing the de-sulfurization equipment installation for environmental conservation.
  • January 6Issuance of corporate bonds of W130,000,000,000
  • February 25Korean Power Plant Industry Labor Union strike
  • July 5Foundation of Neo-BOD
  • July 15KOSEP selected as a preferential candidate for privatization
  • August 31Damages caused at Youngdong Plant by Typhoon Rusa and its restoration
  • October 1Completion of construction at Yeongheung Bridge
  • October 22Commencement of Samcheonpo de-sulfurization equipment installation
  • December 23Acquisition of public authentication on safety and health management system (KOSHA 18001) for all power plants

2001

  • The year 2001 began with the newly established KOSEP. With the proclamation of its corporate philosophy and vision, KOSEP took its first steps forward.
  • April 2Establishment of KOSEP April 6 Inauguration of the first President, Haeng-Soon Yoon
  • April 25Meeting of the first board of directors
  • May 24Proclamation of corporate philosophy and vision
  • May 30Number of visitors to Muju Public Relations Center exceeds one million
  • July 10Establishment of corporate regulations
  • August 10Launch of corporate news magazine (Hannamjeon) November 15 Completion of Yeongheung Bridge
  • November 15Completion of Yeongheung Bridge
  • December 12Establishment of ethical charter and code of conduct

Before 2001

  • April 2, 2001Foundation of KOSEP (Korea South East Power Co., Ltd)
  • January 1, 1982Launching KEPCO (Korea Electric Power Corporation)
  • July 1, 1961KECO (Korea Electric Company)
    (Consolidated Gyeong-Seong Electric Co, Chosun Electric Co, Namseon Electric Co.)
  • May 5, 1946NECO(Namseon Electric company)
  • August 1943CECO(Chosun Electric company)
  • September 1915SECO(Seoul Electric company)