KOREA POWER EXCHANGE

With the KEPCO’s generation sector spun off into separate companies, the Basic Plan for Long-term Electricity Supply and Demand (“Basic Plan”) is being established with the basis in each company’s independent business plans, aiming for a healthy generation competition. As the demand for efficiency and the care for the environment fit for the changing electricity market increases, the Basic Plan is established through expert-backed, transparent process. It takes many factors into account, such as the expected optimum capacity, generation mix as decided by policy, and the environmental costs involved in taking measures to the international regulations. The Basic Plan also goes in tandem with the Basic National Energy Plan and other key energy plans, like the long-term natural gas supply-demand plan.