Korea Electric Power Corporation (KEP) Signs MOU To Pursue World’s First Superconducting Power Grid for Data Centers

Korea Electric Power Corporation (NYSE:KEP) is one of the 13 Best Booming Stocks to Buy Now. Last week, the company signed a memorandum of understanding (MOU) with LS Cable & System Ltd. and LS Electric Co. to build the world’s first superconducting power grid for data centers, Business Korea reported on Friday.

META's Latest AI Move? More Wind and Solar to Fuel Data Growth

Solar panels in an agricultural field, highlighting the company’s commitment to renewable energy.

If successful, the project is anticipated to become a turning point for the next-gen power infrastructure industry. Unlike traditional power grids, superconducting power grids utilize their zero-resistance property to transmit 154kV-class, large-capacity power even at low voltages, enabling the expansion of power supply to urban areas without requiring new substations.

According to the report, small stations would replace existing ones, thereby significantly reducing installation space and enhancing energy efficiency. This would also be beneficial in limiting construction costs and improving public acceptance.

Under the agreement, Korea Electric Power Corporation (NYSE:KEP) will oversee the technical verification of the superconducting system and regulatory coordination. The superconducting cables will be designed and produced by LS Cable & System, whereas LS Electric will provide fault current limiters and other related power equipment.

Korea Electric Power Corporation (NYSE:KEP) is a Korean electric utility company engaged in the sale and delivery of electricity. The stock has had an impressive run in 2025, up by over 100% year-to-date, as of July 9.

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.

READ NEXT: 13 Best German Stocks to Invest in Now and Goldman Sachs Stock Portfolio: 10 Large-Cap Stocks To Buy.

Disclosure: None.