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Setting out a strategy

The South Korean government is privatising the country’s electricity market, prompting Korea Electric Power Corporation to look closely at its risk management policies. Nick Sawyer reports

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The South Korean government is deregulating the country’s electricity market, and plans to introduce full competition among the country’s retail consumers by 2009. As part of the restructuring, government-owned power giant Korea Electric Power Corporation (Kepco) is undergoing a shake-up, with plans to hive off its power generation, distribution and sales assets to third-party investors

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