📊Executive Summary

Korea Electric Power Corporation (KEPCO) has signed an agreement to supply 3 gigawatts (GW) of power to the Honam semiconductor industrial complex starting in 2029, with plans to expand to over 6 GW as infrastructure develops. This initiative is part of the government's 'Korea’s Great Leap Forward 3 Mega Projects' aimed at supporting semiconductor manufacturing in the region. The agreement involves collaboration with major stakeholders including Samsung Electronics and SK Hynix, and is critical for the timely operation of new semiconductor fabs. The project underscores the growing demand for power in semiconductor manufacturing, which could impact sourcing strategies for companies reliant on these facilities....