Chung Seung-il, CEO of Korea Electric Power Corp. (KEPCO), held an inauguration ceremony at KEPCO's headquarters in Naju, South Jeolla Province, on June 1, announcing his management policy as the 21st KEPCO head.
In his inaugural address, CEO Chung stressed that it is time to seriously consider preemptive technological innovation and drastic energy system transformation in the entire energy sector during the great transition of the energy industry called Carbon Neutral.
In particular, he said, “The energy paradigm in the carbon neutral era should be focused on decarbonization, decentralization, and intelligence.”
“To become a leading company in the power paradigm change, we should know that the two pillars for decarbonization across the electricity industry are the drastic conversion and efficiency improvement of energy mix,” he said.
CERO Chung said, “To this end, it is necessary to establish a transmission and substation power system optimized for expanding renewable power generation and increase the efficiency of electricity production, transportation, and consumption cycle.