Korea Electric Power Corporation (KEP) Accelerates Offshore Wind Expansion

We recently compiled a list of 10 Cheap Utility Stocks to Buy According to Hedge Funds. Korea Electric Power Corporation stands ninth on our list and has developed the world’s first superconducting power grid for data centers.

Korea Electric Power Corporation (NYSE:KEP) is South Korea’s largest electric utility, involved in power generation, transmission, and distribution using a diverse energy mix including nuclear, coal, gas, hydro, solar, and wind. It plays a central role in the country’s energy landscape and is expanding its presence in international markets.

One of Korea Electric Power Corporation (NYSE:KEP)’s most significant recent initiatives is the development of the world’s first superconducting power grid tailored for data centers. Announced in July 2025, this project is in partnership with LS Cable & System and LS Electric. The grid uses superconducting cables to transmit electricity with minimal resistance, reducing energy loss and cutting infrastructure costs. It’s designed to meet the surging energy needs of AI and data center operations while minimizing land use in urban areas. The business is handling technical and regulatory coordination, aiming to commercialize the technology both domestically and internationally.

Korea Electric Power Corporation (NYSE:KEP) is also advancing its renewable energy strategy, with plans to integrate 1 GW of offshore wind power into its grid, supporting South Korea’s broader energy transition goals. Additionally, the corporation is entering the nuclear decommissioning sector, managing the dismantling of the Kori-1 nuclear reactor over the next 12 years, a major step as the country begins retiring aging nuclear assets.

Korea Electric Power Corporation (KEP) Accelerates Offshore Wind Expansion

A vibrant skyline illuminated by the lights of the electric utility company.

Amid climate-related disasters, KEP has engaged in community restoration efforts and contributed financial and material aid for recovery. These actions, along with government-backed electricity rate relief, reinforce its commitment to social responsibility.

While we acknowledge the risk and potential of KEP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than KEP and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.