Although our ownership percentage of our generation subsidiaries will depend on further adjustments to the Restructuring Plan to be adopted by the Government, we plan to retain 100% ownership of our transmission and distribution business.

filing / Apr 29, 2026 / receipt

The purpose of the merit order system is to encourage generation units to reduce its electricity generation costs by making its generation process more efficient, sourcing fuels from most cost-effective sources or adopting other cost savings programs.

filing / Apr 29, 2026 / receipt

This system allows full conversion of reserve capacity for frequency regulation at existing low-cost generators into electricity storage and, if operated in sizable scale, offers opportunities for substantial cost savings in the purchase of electricity.

filing / Apr 29, 2026 / receipt

On January 21, 1999, the Ministry of Trade, Industry and Resources published the Restructuring Plan. The overall objectives of the Restructuring Plan consist of: (i) introducing competition and thereby increasing efficiency in the Korean electric power industry, (ii) ensuring a long-term, inexpensive and stable electricity supply, and (iii) promoting consumer convenience through the expansion of consumer choice.

filing / Apr 29, 2026 / receipt