Korea Electric Power Does not Lower Electricity Rates Despite Falling Energy Prices — the Stock may now end the Consolidation!

Korea Electric Power Corporation (KEPCO) is the largest electricity provider in South Korea, boasting assets of nearly KRW 250 trillion (approximately $184 billion). It holds a monopoly on the transmission and distribution of electricity in South Korea and commands a dominant market share of 62% in electricity generation. In recent years, the company's results have been hampered, due to its public utility obligations, by the inability to pass on all price increases to customers. However, at the end of June, the company announced that, despite...