In relation to some media reports that raised the possibility of KEPCO’s privatization, the Presidential Transition Committee said, “We have never discussed whether or not KEPCO should be privatized.”
The transition committee made this position today (29th) saying, “The need for change in KEPCO’s monopolistic electricity sales market does not mean privatization.”
The transition committee explained, “‘The need for change’ means that it is desirable for the power market to change to a competitive structure because it is necessary for new and diverse power service providers to appear.”
Yesterday, the transition committee announced “the basic direction and five key tasks for normalization of energy policy” and said, “We will gradually open up KEPCO’s monopoly sales structure.”
The current electricity trading market is structured such that KEPCO purchases electricity from power generation companies through the Korea Power Exchange and sells them exclusively. I see it.
