Korea Electric Power Corporation Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Korea Electric Power Corporation and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 21171 Korea Electric Power Corporation employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Korea Electric Power Corporation has purchased the following applications: Powerledger Blockchain Platform for Blockchain Platform in 2018 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Korea Electric Power Corporation is running and its propensity to invest more and deepen its relationship with Powerledger or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Korea Electric Power Corporation revenues, which have grown to $66.47 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Korea Electric Power Corporation intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Powerledger | Legacy | Powerledger Blockchain Platform | Blockchain Platform | Blockchain | n/a | 2018 | 2019 |
In 2018, Korea Electric Power Corporation implemented the Powerledger Blockchain Platform as a Blockchain Platform to pilot peer to peer electricity trading within its Future Micro Grid initiative. The implementation was scoped as a pilot connecting several microgrids and nearly two dozen households to trial direct energy trading and to lay the groundwork for virtual power plants.
The Powerledger Blockchain Platform deployment focused on distributed ledger capabilities and smart contract settlement for energy transactions, providing immutable transactional records and automated settlement logic suitable for peer to peer energy exchange. Configuration emphasized interoperability modules to enable trading between independent microgrid operators, prosumers, and consumers, while supporting time series transaction records and automated settlement workflows.
Operational integrations included linking the blockchain trading layer to power to gas conversion processes and fuel cell systems used to convert, store, and reconvert hydrogen into electricity, alongside renewable generation and energy storage devices within each microgrid. The platform routed trading events between microgrid operators, consumers, and other stakeholders through a common blockchain platform to enable fast and secure settlement across distributed clean energy resources.
KEPCO governed the rollout under its KEPCO Open MG framework, which prioritized interoperability, coordinated experimentation, and staged pilot testing across participating sites. KEPCO articulated expected outcomes including improved energy efficiency, reduced carbon emissions, promoted energy independence, minimized disruptions to power supply, and more durable and efficient microgrids.
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