KEPCO (Korea Electric Power Corporation)
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KEPCO (Korea Electric Power Corporation)
Korea Electric Power Corporation, better known as KEPCO (Hangul: 켑코) or Hanjeon (Hangul: 한전), is the largest electric utility in South Korea, responsible for the generation, transmission and distribution of electricity and the development of electric power projects including those in nuclear power, wind power and coal. KEPCO, through its subsidiaries, is responsible for 93% of Korea's electricity generation as of 2011. The South Korean government (directly and indirectly) owns a 51.11% share of KEPCO. Together with its affiliates and subsidiaries, KEPCO has an installed capacity of 65,383 MW. On the 2011 Fortune Global 500 ranking of the world's largest companies, KEPCO was ranked 271. KEPCO is a member of the World Energy Council, the World Nuclear Association and the World Association of Nuclear Operators. As of August 2011, KEPCO possesses an A+ credit rating with Fitch Ratings, while Moody's has assigned KEPCO an A1 stable rating. Originally located in Samseong- ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Fortune Global 500
The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by ''Fortune'' magazine. Methodology Until 1989, it listed only non-United States industrial corporations under the title "International 500" while the ''Fortune'' 500 contained and still contains exclusively United States corporations. In 1990, United States companies were added to compile a truly global list of top industrial corporations as ranked by sales. Since 1995, the list has had its current form, listing also top financial corporations and service providers by revenue. Several inconsistencies exist in ''Fortune'' ranking of cities with the most ''Fortune'' 500 headquarters. On June 3, 2011, the ''Atlanta Business Chronicle'' stated examples of ''Fortune'' including regional headquarters for some cities, excluding regional headquarters for other cities and in some cases excluding headquarte ...
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Korea Hydro & Nuclear Power
Korea Hydro & Nuclear Power (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 27 percent of the country's electric power. In December 2020, KHNP operated 24 nuclear power plants, 37 hydroelectric plants, 16 pumped-storage power plants, and 32 renewable power plants. Its total facility capacity was 28,607 MW, with a total generation capacity of 164,613 GWh. History KHNP was established in 2001 as part of a general restructuring at KEPCO, which opened its first nuclear plant at Kori in Busan in 1977. Commercial operation at Kori nuclear #1 began in 1978. Timeline Before separation from KEPCO: *1978: Commercial operation of Kori 1 began. *1983: Commercial operation of Wolsong 1 and Kori 2 began. *1985: Commercial operation of Kori 3 began. *1986: Commercial operation of Kori 4 and Hanbit 1 began. *1987: Commercial operation of Hanbit 2 began. *1988: Commercial ...
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Korean Peninsula Energy Development Organization
The Korean Peninsula Energy Development Organization (KEDO) was an organization founded on March 15, 1995, by the United States, South Korea, and Japan to implement the 1994 U.S.-North Korea Agreed Framework that froze North Korea's indigenous nuclear power plant development centered at the Yongbyon Nuclear Scientific Research Center, that was suspected of being a step in a nuclear weapons program. KEDO's principal activity was to construct two light water reactor nuclear power plants in North Korea to replace North Korea's Magnox type reactors. The original target year for completion was 2003. Since then, other members joined: * 1995: Australia, Canada, New Zealand * 1996: Argentina, Chile, Indonesia * 1997: European Union, Poland * 1999: Czech Republic * 2000: Uzbekistan KEDO discussions took place at the level of a U.S. Assistant Secretary of State, South Korea's deputy foreign minister, and the head of the Asian bureau of Japan's Foreign Ministry. The KEDO Secretariat was ...
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New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securiti ...
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Korea Exchange
Korea Exchange (KRX) is the sole securities exchange operator in South Korea. It is headquartered in Busan, and has an office for cash markets and market oversight in Seoul. History The Korea Exchange was created through the integration of Korea Stock Exchange (KSE), Korea Futures Exchange and KOSDAQ Stock Market under the Korea Stock & Futures Exchange Act. The securities and derivatives markets of former exchanges are now business divisions of Korea Exchange: the Stock Market Division, KOSDAQ Market Division and Derivatives Market Division. As of Dec 2020, Korea Exchange had 2,409 listed companies with a combined market capitalization of ₩2.3 quadrillion KRW ($2.1 trillion USD). The exchange has normal trading sessions from 09:00 am to 03:30 pm on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance. On 22 May 2015, the Korea Exchange joined the United Nations Sustainable Stock Exchanges initiative in an event with the UN-SG Ban ...
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Korea Under Japanese Rule
Between 1910 and 1945, Korea was ruled as a part of the Empire of Japan. Joseon Korea had come into the Japanese sphere of influence with the Japan–Korea Treaty of 1876; a complex coalition of the Meiji government, military, and business officials began a process of integrating Korea's politics and economy with Japan. The Korean Empire, proclaimed in 1897, became a protectorate of Japan with the Japan–Korea Treaty of 1905; thereafter Japan ruled the country indirectly through the Japanese Resident-General of Korea. Japan formally annexed the Korean Empire with the Japan–Korea Treaty of 1910, without the consent of the former Korean Emperor Gojong, the regent of the Emperor Sunjong. Upon its annexation, Japan declared that Korea would henceforth be officially named Chōsen. This name was recognized internationally until the end of Japanese colonial rule. The territory was administered by the Governor-General of Chōsen based in Keijō (Seoul). Japanese rule prioritized ...
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KEPCO Logo 1961-1986
KEPCO may refer to: * Kansai Electric Power Company, a Japanese power provider * Korea Electric Power Corporation, a South Korean power provider **KEPCO E&C KEPCO E&C (full name: KEPCO Engineering & Construction Company, INC., formerly: KOPEC) is a power plant design and engineering company in South Korea. It was established in 1975 as a public enterprise. KEPCO E&C engages in designing, engineering, ..., a nuclear power design and engineering company, and subsidiary of the Korea Electric Power Corporation * Kepco Power, a power supply manufacturer in New York {{disambiguation ...
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First Electric Light At Gyeongbok Palace 1887
First or 1st is the ordinal form of the number one (#1). First or 1st may also refer to: *World record, specifically the first instance of a particular achievement Arts and media Music * 1$T, American rapper, singer-songwriter, DJ, and record producer Albums * ''1st'' (album), a 1983 album by Streets * ''1st'' (Rasmus EP), a 1995 EP by The Rasmus, frequently identified as a single * '' 1ST'', a 2021 album by SixTones * ''First'' (Baroness EP), an EP by Baroness * ''First'' (Ferlyn G EP), an EP by Ferlyn G * ''First'' (David Gates album), an album by David Gates * ''First'' (O'Bryan album), an album by O'Bryan * ''First'' (Raymond Lam album), an album by Raymond Lam * ''First'', an album by Denise Ho Songs * "First" (Cold War Kids song), a song by Cold War Kids * "First" (Lindsay Lohan song), a song by Lindsay Lohan * "First", a song by Everglow from ''Last Melody'' * "First", a song by Lauren Daigle * "First", a song by Niki & Gabi * "First", a song by Jonas Brot ...
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Decentralization
Decentralization or decentralisation is the process by which the activities of an organization, particularly those regarding planning and decision making, are distributed or delegated away from a central, authoritative location or group. Concepts of decentralization have been applied to group dynamics and management science in private businesses and organizations, political science, law and public administration, economics, money and technology. History The word "''centralisation''" came into use in France in 1794 as the post-French Revolution, Revolution French Directory leadership created a new government structure. The word "''décentralisation''" came into usage in the 1820s. "Centralization" entered written English in the first third of the 1800s; mentions of decentralization also first appear during those years. In the mid-1800s Alexis de Tocqueville, Tocqueville would write that the French Revolution began with "a push towards decentralization...[but became,] in the e ...
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Seoul
Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 of the 1948 constitution. According to the 2020 census, Seoul has a population of 9.9 million people, and forms the heart of the Seoul Capital Area with the surrounding Incheon metropolis and Gyeonggi province. Considered to be a global city and rated as an Alpha – City by Globalization and World Cities Research Network (GaWC), Seoul was the world's fourth largest metropolitan economy in 2014, following Tokyo, New York City and Los Angeles. Seoul was rated Asia's most livable city with the second highest quality of life globally by Arcadis in 2015, with a GDP per capita (PPP) of around $40,000. With major technology hubs centered in Gangnam and Digital Media City, the Seoul Capital Area is home to the headquarters of 15 ''Fo ...
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Samseong-dong
Samseong-Dong is an affluent neighborhood or ward of Gangnam-gu in Seoul, South Korea. The area has a large concentration of upscale shopping malls, popular restaurants and hotels such as the Ramada Seoul Hotel and the Hyatt Park Hotel. Samseong-dong is also home to some nightclubs. Apart from its nightlife, the COEX mall, the world's largest underground shopping mall, is located in Samseong-dong. It consists of a large apartment complex and a general residential area, and the 56,000-pyeong Seonjeongneung is loved as a resting place for local residents, including a walk. History *March 1, 1914 Gyeonggi-do District extension (Samseong-ri, Eonju-myeon, Gwangju-gun, Gyeonggi-do) *January 1, 1963 Merged from Gyeonggi-do to Sudo-dong, Eonju Branch Office, Seoul *May 18, 1970 Sudo-dong renamed as Cheongdam-dong *September 1, 1977 Divided from Cheongdam-dong into Samseong-dong *September 1, 1985 Samseong-dong divided into Samseong-1-dong, Samseong-2-dong Schools Samseong-1-dong *Se ...
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