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[ANALYSIS] Korea seeks US support for 'backbone industries'

[ANALYSIS] Korea seeks US support for backbone industries ....

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Korea's electricity rate to reflect fuel costs

Korea s electricity rate to reflect fuel costs
Posted : 2020-12-17 17:02
By Nam Hyun-woo
The government and state-run Korea Electric Power Corp. (KEPCO) announced Thursday a revision to the country s electricity billing, highlighted by a new system to reflect the ups and downs of global fuel prices.
They said the revision is designed to stabilize KEPCO s profitability and keep it in a more predictable range, but questions remain as to whether this will cause a burden for consumers during fuel price upturns and the scheduled expansion of the use of renewable energy sources.
The Ministry of Trade, Industry and Energy, and KEPCO s revision adds two new categories to electricity bills that consumers will get from next year. ....

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