Public energy companies in South Korea - statistics and facts

The energy sector in South Korea is largely run by public enterprises affiliated with different ministries of the South Korean government. Such companies generate energy using a variety of methods. As one of the biggest energy consumers worldwide, it is important to secure enough energy to support the various operations and activities that happen domestically. On top of being a vital part of the economy, public corporations are also a sought-after workplace mostly due to the financial stability such companies provide.

The largest public company in South Korea

The largest public company in the sector is Korea Electric Power Corporation, which featured on the Fortune Global 500 ranking along with large companies such as Samsung, Hyundai, and SK. As its name suggests, the company owns the main power companies that produce energy across the nation and subsidiaries that can provide a supporting role to such companies. Both KEPCO KPS and KEPCO E&C offer services relevant to power plants, while KEPCO KDN specializes in IT services and communications.

How will South Korean public energy companies move forward?

South Korea remains reliant on fossil fuel energy sources, with a low share of renewable energy consumption. With the existential challenges presented by climate change, transitioning towards a more environmentally-friendly energy sector is a question of when and not if. Korea Coal Corporation declared it would close all of its remaining mines by 2025, thus bringing an end to a struggling business and the 120-year history of coal mining in South Korea. The continuous investment into renewable energy is another indicator of the country’s efforts towards a greener future.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Statista Research Department, Aug 9, 2023

Key insights

Domestic energy consumption
237.42m toe
Largest energy supply
Oil
Company with highest brand reputation index
KEPCO
Get more insights

Editor’s Picks Current statistics on this topic

Total energy supply of South Korea in 2021, by source (in million terajoules)

Energy

Total supply of energy South Korea 2021, by source

Volume of renewable energy produced using waste-to-energy in South Korea from 2010 to 2021 (in 1,000 toe)

Recycling & Recovery

Renewable energy produced using waste-to-energy South Korea 2010-2021

Brand reputation index of public energy companies in South Korea as of July 2023 (in 1,000 points)

Energy

Brand reputation index of public energy companies South Korea 2023

Related topics

Recommended

5

Recommended statistics

Overview

4

Overview

Korea Electric Power Corporation

8

Korea Electric Power Corporation

Korea Gas Corporation

4

Korea Gas Corporation

Korea Oil and Coal Corporations

4

Korea Oil and Coal Corporations

Korea District Heating Corporation

3

Korea District Heating Corporation

Further reportsGet the best reports to understand your industry

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)
Email
support@statista.com

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)
Email
asia.support@statista.com

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)
Email
support.japan@statista.com

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)
Email
eu.support@statista.com

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)
Email
latam@statista.com

Mon - Fri, 9am - 6pm (EST)

Menu