한국전력기술

KEPCO E&C took the first steps toward meeting its business targets for 2017 by winning the first series of contracts for the new year.

On January 25, KEPCO E&C signed a contract with Korea Hydro & Nuclear Power Co. (KHNP) for the provision of “technology support services for mid- to long-term equipment maintenance of nuclear power plants.

The core responsibilities stipulated in this service contract are establishing a plan for economically and effectively managing the aged deterioration and equipment life shortening problem of critical nuclear equipment.

The contract is worth 910 million Korean won, and KEPCO E&C is tasked with developing a mid- to long-term maintenance plan for critical equipment in nuclear power plants currently operating in Korea for a year. The next task is determining the optimal equipment life maintenance plan through economic analyses.

KEPCO E&C has been steadily doing research on aged deterioration over the years. Therefore, the awarding of this contract is expected to result in improved reliability of nuclear plant equipment and better technology for resolving the problem of aged deterioration.

Furthermore, the contract is seen to produce improved technical capabilities regarding safety evaluations of nuclear power plants in operation. The contract will bring about expanded opportunities in overseas markets.

On January 24, KEPCO E&C also won a contract for undertaking a feasibility study on utilizing unused railroad lands for solar power generation objectives. This project will investigate the feasibility of installing solar panels on land not utilized by Janghang Line and Gyeongjeon Line.

KEPCO E&C will review certifications for 3 months, evaluate the optimal size for a solar panel generation site, and conduct investment sensitivity analyses and IRR analyses.

KEPCO E&C expects 2017 to be a difficult year for winning new orders. Nonetheless, it will do its best to reach the set targets by diversifying its business portfolio. Based on its technical capabilities in traditional energy plants like nuclear power and thermal power, the company is planning its growth through new businesses like nuclear power plant post-management, small and medium nuclear reactors, and renewable energies.