Korea Hydro & Nuclear Power
| Hangul | 한국수력원자력(주) |
|---|---|
| Hanja | 韓國水力原子力(株) |
| Industry | |
| Founded | 2001 |
| Founder | Korea Electric Power Corporation |
| Headquarters | Gyeongju, North Gyeongsang, South Korea |
Key people | Cho Seok (7th CEO) |
| Products | Electricity |
| Revenue | ₩7.3 trillion |
| ₩2.4 trillion | |
| ₩1.5 trillion | |
| Total assets | ₩48 trillion |
| Total equity | ₩22 trillion |
Number of employees | 9,500 (2014) |
| Parent | Korea Electric Power Corporation |
| Website | cms |
Korea Hydro & Nuclear Power (Korean: 한국수력원자력, KHNP) is a subsidiary of the Korea Electric Power Corporation (KEPCO). It operates large nuclear and hydroelectric plants in South Korea, which are responsible for about 30% of the country's electric power supply. It was formally established in 2001 as part of a general restructuring at KEPCO,[1] although KEPCO had opened its first nuclear plant at Kori in Busan in 1977. The first commercial operation of Kori nuclear #1 was held 1978.
The company also operates internationally, with offices in New York, Atlanta, Paris and Tokyo. The current CEO is Cho Seok (Korean: 조석).[2] As of 2014[update], it had about 9,500 employees[3] and sales revenue of ₩7.3 trillion[4] (approximately US$6 billion). The current international credit ratings are Aa3 stable/A+ stable/AA- stable(Moody's/S&P/Fitch),[5] which are one of the top in global utility industry.
In October 2013 a former chief executive of KHNP, David Suh, amongst about 100 people, was indicted for falsifying nuclear component safety documents.[6]
History[edit]
On December 23, 2014, the company said that its computer systems had been hacked. There was speculation that the hack was connected with the November 24, 2014 Sony Pictures Entertainment hack[7] and the subsequent December 22, 2014 event whereby North Korea experienced severe internet outages.[8]
Power plants[edit]
- Nuclear sites:[9]
- Kori site, in Jangan-eup, Gijang-gun, Busan.
- Hanul site (formerly Ulchin), in Buk-myeon, Uljin-gun, Gyeongsangbuk-do.
- Wolseong site, Yangnam-myeon, Gyeongju, Gyeongsangbuk-do.
- Hanbit site (formerly Yonggwang), in Hongnong-eup, Yeonggwang County, Jeollanam-do.
- Hydroelectric sites:[9]
- Hwacheon Dam, Gandong-myeon, Hwacheon County, Gangwon-do
- Paldang site, Joan-myeon, Namyangju, Gyeonggi-do
- Cheongpyong site, Oeseo-myeon, Gapyeong County, Gyeonggi-do
- Uiam Dam, Sindong-myeon, Chuncheon, Gangwon-do
- Chuncheon site, Sinbuk-eup, Chuncheon, Gangwon-do
- Boseonggang site, Deungnyang-myeon, Boseong County, Jeollanam-do
- Seomjingang site, Chilbo-myeon, Jeongeup, Jeollabuk-do
- Goesan site, Chilseong-myeon, Goesan County, Chungcheongbuk-do
- Gangneung site, Seongsan-myeon, Gangneung, Gangwon-do
See also[edit]
- Economy of South Korea and Energy in South Korea
- Environment of South Korea
- Lists of public utilities
- List of Korea-related topics
- Gyeongju Korea Hydro & Nuclear Power FC
- Nuclear power in South Korea
Notes[edit]
- ^ "History". KHNP English-language site. Archived from the original on 2014-11-29. Retrieved November 19, 2014.
- ^ "History of Executives". KHNP English-language site. Archived from the original on 2014-03-01. Retrieved November 19, 2014.
- ^ "Organization & Personnel". KHNP English-language site. Archived from the original on 2014-10-20. Retrieved November 19, 2014.
- ^ "Financial Statements". KHNP English-language site. Archived from the original on 2014-10-20. Retrieved November 19, 2014.
- ^ "Global Credit Ratings". KHNP English-language site. Archived from the original on 2014-11-29. Retrieved November 19, 2014.
- ^ "Indictments for South Korea forgery scandal". World Nuclear News. 10 October 2013. Retrieved 14 October 2013.
- ^ http://www.smh.com.au/it-pro/security-it/south-korea-nuclear-plant-hacked-says-operator-20141222-12chrb.html Sydney Morning Herald
- ^ http://bigstory.ap.org/article/34ad411e0c9945a6a1d608ef54e988cf/north-korea-experiencing-severe-internet-outages AP
- ^ a b "KHNP is: Overview". KHNP English-language site. Retrieved November 19, 2014.
