New & Renewable Energy Business

New and renewable energy refers to energy obtained by converting conventional fossil fuels or by harnessing renewable sources such as sunlight, water, geothermal heat, precipitation, and biological organisms. Under Article 2 of the Act on the Promotion of the Development, Use and Diffusion of New and Renewable Energy, 11 fields — including solar and wind power — are designated as new and renewable energy.

2026-07-29 21:12
메인 Business Special Technology Service New & Renewable Energy Business

New & Renewable Energy Business

New & renewable energy projects

To help realize the government’s policy of raising the share of new and renewable energy in Korea’s power generation to 20% by 2030, energy public enterprises are expanding their investment in the sector. In response, KEPCO KPS has identified new and renewable energy as a future growth engine and is accelerating related business development and capability-building.

Technologies and Equipment

Building on the technologies accumulated through its projects, KEPCO KPS obtained a patent in 2012 for a “solar tracking device that accounts for ground subsidence, and its manufacturing method.”
It also holds the dedicated equipment its projects require, including system-design software and grid-protection test equipment.

New & Renewable Energy Business Activities

Anticipating strong growth in the new and renewable energy business and aiming to lead this emerging market, KEPCO KPS is pursuing EPC (engineering, procurement, and construction) and O&M projects for new and renewable energy facilities — including solar, wind, hydrogen, fuel cells, biomass, and IGCC — while also developing talent and conducting R&D to build up its technology base

New & Renewable Energy Value ChainRenewable Energy Value Chain

Investment
  1. Step 01 Business Development
  2. R&D
    1. Step 02 Engineering Design
    2. Step 03 Equipment Manufacturing
    3. Step 04 Construction
  3. Fuel Procurement
    O&M
    Operation

Key Business Areas

  • By Facility Type: Wind Power, Hydrogen, Fuel Cells, Solar Power, ESS, Biomass
  • By service: business development (equity investment), EPC, O&M, R&D, and government-funded projects

Major Renewable Energy Business Achievements

Hydrogen

Hydrogen business performance
Project Name Capacity Period
Clean Hydrogen Water Electrolysis Demonstration Project - Jul. 2020 – Sep.
Buan Green Hydrogen Production Infrastructure Construction Project - Oct. 2025 – Dec. 2027
Operation Project for Water Electrolysis-Based Hydrogen Production Base 2.5 MW Mar. 2026 – May 2031

Fuel Cells

Major Fuel Cell Achievements
Project Name Capacity Period
Routine Maintenance of Fuel Cell Facilities for Power Generation Companies 78.1 MW As of Dec. 2025

Wind Power

Wind Power Major Achievements
Project Name Capacity Period
Routine Maintenance of Jisan and Yangyang Wind Power Plants 3.0 MW each Nov. 2015 – Sep. 2019, Jisan
As of Mar. 2026, Yangyang

Biomass

Biomass Major Achievements
Project Name Capacity Period
Gwangyang Biomass Commissioning and O&M 220 MW May 2024 – Aug. 2030

Solar Power

Major Solar Power Achievements
Project Name Capacity Period
Dokdo Solar Power Construction Project 55(kW) Oct. 2008 – Jan. 2009
Geogeum Solar Power Construction Project 25.0 MW Nov. 2012 – Jan. 2014
Yeongwol Solar Power Construction Project 38.9 MW Feb. 2013 – Jan. 2014
Geogeum Solar Power O&M 25.0 MW Jan. 2014 – Dec. 2025
Yeongwol Solar Power Construction Project 38.9 MW Feb. 2013 – Jan. 2014
Shin Boryeong Coal Yard Solar Power Construction Project 2.9 MW Nov. 2015 – May 2016
Daedong Floating Solar Power Construction Project 2.0 MW Jul. 2016 – Mar. 2017
Dangjin Coal Yard Solar Power Construction Project 3.4 MW Dec. 2016 – Jun. 2017
Routine Maintenance of Daedong Floating Solar Power Plant 2.0 MW Sep. 2018 – Aug. 2021
Korea South-East Power Solar Power O&M 31.7 MW Feb. 2019 – Feb. 2022
Routine Maintenance of Solar Power Facilities for Power Generation Companies 90.1 MW As of Dec. 2025

ESS

Key ESS Achievements
Project Name Capacity Period
Korea South-East Power ESS O&M 21.6 MW Feb. 2019 – Feb. 2022
Routine Maintenance of ESS Facilities for Power Generation 65.5 MW As of Dec. 2025

Small Hydropower

Major achievements of small hydropower
Project Name Capacity Period
Routine Maintenance of Small Hydropower Facilities for Power Generation Companies 49.0 MW As of Dec. 2025

Waste Heat

Major Waste Heat Achievements
Project Name Capacity Period
Songdo Waste Incineration Heat Recovery Power Construction Project 3.0 MW Jun. 2013 – Jun. 2014

Others

Other major achievements
Project Name Capacity Period
Technical Services for Renewable Energy Feasibility Studies - Aug. 2018 – May 2026

R&D Achievements in the Renewable Energy Sector

Key Achievements in the New and Renewable Energy Business
Project Name Capacity Period
Development of a 30-Degree Inclined Single-Axis Solar Tracking System Aug. 2009 – Aug. 2010, 13 months In-house Research
Development of a Wind Turbine Suitable for the Upper Reservoir of
Cheongpyeong Pumped-Storage Power Plant 		Mar. 2010 – Nov. 2010, 9 months Commissioned Research
Development of Energy Storage System Technology for Solar Power Jan. 2016 – Jun. 2018, 30 months In-house Research
Development of a Drone-Based Diagnostic System for Large-Scale Solar Arrays Jan. 2018 – Dec. 2019, 24 months In-house Research
Development of High-Capacity Solar PCS Based on PEBB Jan. 2018 – Dec. 2020, 36 months In-house Research
Establishment of a Digital Twin-Based HILS Integrated Operation System
(Establishment and Operation of a Renewable Energy-Linked P2G System) 		Sep. 2021 – Aug. 2023, 24 months In-house Research
Development of Optimal Operation Algorithm Technology for Green Hydrogen Production
Linked to Renewable Energy Generation Forecasting 		Feb. 2024 – Sep. 2026, 32 months In-house Research
Development of an Optimization Model and Economic Analysis
Program for Green Hydrogen Production 		Sep. 2024 – Sep. 2025, 13 months Commissioned Research
Development of P-HILS Test Bed Construction Technology for Green Energy
O&M and Equipment Verification 		Feb. 2024 – Jan. 2026, 24 months In-house Research
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