한국전력기술

On August 1, KEPCO E&C pushed ahead with a series of organizational innovations in order to officially begin the nuclear decommissioning and new renewable energy business.

Having built a new office under the Nuclear Division for the NPP Decommissioning Business Dept., KEPCO E&C will begin focusing its abilities on nuclear decommissioning and handling follow-up tasks regarding radioactive waste and spent nuclear fuel, etc.

Moreover, it plans to accumulate know-how in this field by participating in the decommissioning of the permanently stopped Kori unit 1, as well as to enter the overseas nuclear decommissioning market.

KEPCO E&C had already signed a contract with German company Preussen Elektra GmbH in 2015 to receive technical instruction, and has procured the relevant technology.

It has also participated in the TRIGA mark, the prototype nuclear research reactor in Korea, and in the decommissioning of uranium conversion plants while leading the development of nuclear decommissioning technologies.

The recently built NPP Decommissioning Business Dept. is a strong reflection of the KEPCO E&C’s willingness to strengthen its business ability in the field of nuclear decommissioning, which hitherto was focused mostly on R&D, and to establish new growth power.

In addition, by reorganizing the Plant Division - initially in charge of the thermal power business - into New Energy Division, KEPCO E&C aims to actively rise to the government’s renewable energy policies, i.e. the reduction of fine dust and the response of new climate systems, and lead the market.

In particular, through close cooperation with local government groups, it will carry out various projects including the construction of a smart innovation city and the creation a sunlight power plant district, which will strengthen the competitiveness of local regions as well as contribute to the creation of new jobs.

Through such organizational innovations KEPCO E&C hopes the nuclear decommissioning and new energy businesses will take root as the new growth engine of the next generation.

In 2015, KEPCO E&C established its “Vision for 2025, Middle and Long-Term Management Strategies,” setting itself the goal of boosting future growth engine sales to approximately 25% by 2025.

Based on its engineering capacity in the energy plant division, i.e. nuclear and thermal, it has designated ten new growth enterprises in five fields - Nuclear Power Follow-up Management, Medium and Small Reactors, Fusion Technology, Clean Thermal Power, and Renewable Energy - and announced that it will strive to maintain a consistent growth rate.

“Amidst the ongoing changes in the energy market, namely the move away from nuclear and coal power,” declared President Park Koo-woun, “KEPCO E&C will lead the new market with its engineering capacity and the fusion of new energy technologies.”

“Along with the organizational innovation, we will channel all our efforts into creating a training program aimed at raising basic science capacity, to enable us to exhibit all our creative abilities in rising to meet the changes in markets and technologies.”