KEPCO Teams Up with OpenAI to Drive AI Transformation in the Energy Sector

First Domestic Energy Public Enterprise to Establish Direct Collaboration with OpenAI
Joint Utilization of AI in the Energy Sector and Discovery of New Business Models

Jae-gak Joo, Head of AI Innovation Group at Korea Electric Power Corporation (left), and Kyunghoon Kim, General Manager of OpenAI Korea, pose for a commemorative photo after signing an MOU for AI transformation cooperation in the energy industry at Seoul National University on the 26th. KEPCO.

Korea Electric Power Corporation (KEPCO) is joining forces with the global artificial intelligence (AI) company OpenAI to drive AI transformation in the energy industry.

On June 26, KEPCO signed a memorandum of understanding (MOU) with OpenAI at Seoul National University for cooperation on AI transformation in the energy sector.

This agreement was established to accelerate the digital transformation of the energy industry by combining KEPCO's power system operation technology and electricity big data with OpenAI's generative AI technology.

Going forward, both parties plan to promote policy and technology exchanges to jointly utilize and expand the adoption of AI technology in the energy sector. They will also collaborate on innovating power services through generative AI and discovering new business models.

Notably, this agreement is significant in that it marks the first time a domestic energy public enterprise has established a direct collaborative framework with OpenAI. KEPCO expects this partnership to establish itself as a leader in setting global standards for energy AI, while also contributing to the government’s strategy to become one of the world's top three AI powerhouses.

KEPCO plans to integrate its vast electricity data with the latest AI technologies to drive AI-based innovation across all areas, including power supply, facility operations, and infrastructure management. Through this, KEPCO aims to enhance power services that can be directly felt by citizens and expand these achievements to overseas operations, thereby strengthening its global market competitiveness.

KEPCO President Kim Dongcheol stated, "As an institution with world-class capabilities in power infrastructure operations and vast amounts of data, we will actively explore the possibilities for AI-driven innovation in the energy sector through this agreement." He added, "We will also continue to expand cooperation with related companies to foster the development of the domestic energy AI ecosystem."

This content was produced with the assistance of AI translation services.