Title : The Centennial of the Electric Power Business in Korea
Stamp Serial#
1938 
KPC#
C-1469 
MICHEL#
1962 
StanGib#
2272 
Scott#
1927 
Date of Issue
01/26/1998 
Quantity
3,000,000 
Denomination
170 won 
Design
The neon light and a nuclear power plant 
Designer
Lee, Gi-seog 
Image Area
36mm*26mm 
Perforation
13 
Sheet Composition
5*4 
Paper
White unwatermarked
Print
Korea Security Printing and Minting Corporation 
Description
On January 26, 1998, it will be exactly one hundred years since electric power was launched as a commercial business in Korea with the establishment of Seoul Electric Company, the parent of today's Korea Electric Power Corporation(KEPCO).

Man's first experience with electricity came in the form of lightning. We can see this in derivation of the Chinese character for electricity from which signifies lightning in China and other oriental countries. Man, though, had long sought to put the electicity present in nature to practical use. In 1882, Edison's General Electric Company was established to provide electric power to the public for the first time ever. It was the British physicist J.J. Thomson who is credited with a series of experiments, which demonstrated conclusively that electricity is composed of little particles called electrons which produce heat and light.

In Korea, electricity was first used when electric lamps were installed in Kyongbok Palace. Electric lamps then gradually replaced kerosenelamps and candles to light up rooms at night and electric-powered streetcars took over from the old palanquins and horse carriagees in the city of Seoul. They were all made possible by Seoul Electirc Company Kojong. The company started the 'electric power business' in its modern sense in Korea supplying electricity from its power plant to people's homes and offices through distribution facilities.

On July 1, 1961, Seoul Electric Company was renamed the Korea Electric Company, Ltd. This was converted to a public corporation and had its name changed to the present Korea Electric Power Corporation(KEPCO) in 1982. Having itself provided the momentum for the modernization and rehabilitation of the country, the electric power business in Korea has grown rapidly on the basis of the government's vigorous economic development policy. As a result of efforts to achieve self-reliance in eletrical generation technology, KEPCO has made a great contribution to the improvement of the national economy by ensuring the stability of electric power supply.