Grid Bottleneck Cost KEPCO 3.17 Trillion Won in Idle-Plant Payouts | October 23 2026 | Front Page Daily - 동영상 Dailymotion

Seoul Economic Daily

Korea paid billions of dollars for electricity that never reached the grid. KEPCO paid 3.17 trillion won (about $2.39 billion) from 2021 through June 2026 to generators idled by transmission constraints, according to a National Assembly Budget Office report. Grid limits blocked 112,430 GWh of output, as 345 kV transmission lines take nine to thirteen years to build against one to three years for solar farms. Because the payouts feed KEPCO’s power purchase costs, they add pressure on electricity rates. The episode also covers the government’s shift toward delaying Korea’s crypto tax.  Sources:  Blocked Grid Idles Power Plants as KEPCO Burns 3 Trillion Won in Compensation — Seoul Economic Daily, October 23, 2026 Crypto Tax Effectively Deferred as Tax Law Revision Enters Second Round — Seoul Economic Daily, October 23, 2026  About AI PRISM: AI PRISM is Seoul Economic Daily’s WAN-IFRA award-winning newsroom AI series, delivering Korean economic news adapted for global audiences. Episodes are produced with AI assistance and reviewed by a human editor.  Tags: #KEPCO #PowerGrid #ElectricityRates #KoreaEnergy #CryptoTax #KoreaEconomy #KOSPI #AIPRISM #SeoulEconomicDaily #WANIFRA

Transcript

00:02한국의 대전을 받은 3 trillion 원을 한다면

00:06그리스도 전국을 그리스도 못한다면

00:07그리고 그리스도 못한다면

00:11얇은 2월 23일에

00:15한국의 대전을 통해

00:17한국의 대전을 통해

00:20경제품을 통해

00:20경제품이 거리로

00:22그리스도 부족한 것입니다

00:25남녀Assembly témojan

00:27상승부의 비판을 통해

00:363.17 trillion won, about $2.39 billion went to idle generators from 2021 through June this year.

00:46Grid limits blocked 112,430 gigawatt hours of generation over that period.

00:53Solar farms take 1 to 3 years to build, while 345 kilovolt transmission lines take 9 to 13.

01:0112 power plants nationwide faced output limits in the first half.

01:06Separately, the government is leaning toward delaying a crypto tax due in January,

01:11with Parliament's tax review three weeks away.

01:14So what does this mean for readers tracking Korea's economy?

01:18Earlier, we said the bill may reach households.

01:21Here's what that actually means for you.

01:23The bill feeds KEPCO's power purchase costs, a core input for electricity rates, adding pressure for higher tariffs.

01:31Whether new plant approvals get tied to grid timelines.

01:35KEPCO's next electricity rate decision.

01:38The crypto tax call at Parliament's tax subcommittee.

01:42That's today's AI Prism front page daily.

01:45This episode was produced with AI Assistants based on Seoul Economic Daily reporting,

01:50and reviewed by a human editor.

01:52AI Prism is a Juan Ifra award-winning series.

01:56We'll be back tomorrow.

01:57Now, a good morning, to learn from this video.

01:57A good morning, to see you all in the next episode.

02:00In the next episode, we'll be back tomorrow.

02:00감사합니다.

Grid Bottleneck Cost KEPCO 3.17 Trillion Won in Idle-Plant Payouts | October 23 2026 | Front Page Daily

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