# Who does Korea Electric Power pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/korea-electric-power · Facet: suppliers · Updated: 2026-07-12T03:47:49.078+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Korea Electric Power's confirmed suppliers/cost counterparties include 한국가스공사, Doosan Enerbility (Saudi Jafurah gas turbines), LS일렉트릭 plus 2 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 5 cost edges, backed by 6 dated sources, 3 of them primary filings (as of 2026-07-12).

### 발전 자회사 6사 (전력거래소 매입) (high)
- note: Buys virtually all power generated by KHNP (nuclear) and five thermal gencos (Namdong, Jungbu, Seobu, Nambu, Dongseo) via the Power Exchange under economic dispatch. 2025 average purchase price 133.40 won/kWh (136.42 in 2024), wholesale 124.99 won/kWh. KHNP's power-sales revenue alone was 14.96 trillion won.
- [mentions] Investing.com (EN, research, published 2026-06-30) https://www.investing.com/equities/kepco-consensus-estimates: "Falling oil prices cut generation costs, lifting 2025 operating profit sharply; 21 analysts' average target 54,019 won."
- [mentions] CEO Score Daily (KO, news, published 2026-04-22) https://m.ceoscoredaily.com/page/view/2026042216425737280: "KEPCO's generation and grid structure."
- [confirms] DART (FSS) (KO, filing, published 2026-03-17) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260317000686: "Power from the gencos is sold entirely to KEPCO through the Power Exchange. KEPCO's 2025 average purchase price was 133.40 won/kWh; KHNP alone booked 14.96 trillion won of power-sales revenue."

### 한국가스공사 (high)  → /korea-gas.md
- note: Main LNG supplier to KEPCO's thermal generation subsidiaries. KOGAS is an other related party of KEPCO. LNG is about 30% of generation fuel, second to coal. 2025 LNG purchase price 998,230 won/ton, down from 1,166,004 in 2024.
- [mentions] Seoul Economic Daily (EN, news, published 2026-04-29) https://en.sedaily.com/news/2026/04/29/data-center-power-demand-to-surge-sixfold-by-2040-fueling: "Surging data center demand is driving an expansion of LNG generation PPAs."
- [confirms] DART (FSS) (KO, filing, published 2026-03-17) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260317000686: "Among KEPCO's main LNG suppliers, KOGAS is an other related party. LNG for generation cost 998,230 won/ton in 2025."

### Glencore·Moolarben·Bayan (유연탄) (high)
- note: Suppliers of bituminous coal, KEPCO's largest generation fuel (about 65%). Sourced from Glencore and others; KEPCO holds stakes in the Moolarben and Bayan mines. 2025 coal price about 165,461 won/ton, down from 178,677, a key driver of lower fuel costs.
- [mentions] Investing.com (EN, research, published 2026-06-30) https://www.investing.com/equities/kepco-consensus-estimates: "Lower international fuel prices drove 2025 generation-cost and operating-profit improvement."
- [confirms] DART (FSS) (KO, filing, published 2026-03-17) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260317000686: "Coal suppliers include Glencore; KEPCO holds stakes in the Moolarben and Bayan mines. 2025 coal for generation cost 165,461 won/ton."

### 두산에너빌리티 (사우디 자푸라 가스터빈) (high)  → /doosan-enerbility.md
- note: KEPCO procures gas-turbine main equipment for its Saudi Jafurah power project from Doosan Enerbility for ~$557M (Jun 2026-Jun 2029) — the first major export reference for Korean large gas turbines.
- [confirms] FSS DART (KO, filing, published 2026-06-01) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260601801277: "KEPCO-Doosan Saudi Jafurah gas-turbine contract USD 556.84M."

### LS일렉트릭 (mid)  → /ls-electric.md
- note: Korea Electric Power sources power equipment and EHV substation gear from LS Electric; 5.1% of LS Electric's power-infrastructure revenue is to KEPCO.
- [confirms] FSS DART (KO, filing, published 2026-03-18) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260318001243: "Power-infrastructure top customer: Korea Electric Power 5.1%."

Reverse side: https://valuechain.wiki/korea-electric-power/customers.md · Ripple: https://valuechain.wiki/korea-electric-power/ripple.md

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Full node: https://valuechain.wiki/korea-electric-power.md · JSON: https://valuechain.wiki/korea-electric-power.json