The Korea Power Exchange said Kim was appointed chairman with a three-year term. An inauguration ceremony is scheduled for the 6th at the agency’s headquarters in Naju, South Jeolla Province.
Born in 1963 in Goheung, South Jeolla Province, Kim graduated from Gwangju Daedong High School and earned a degree in economics from Konkuk University. He later received a doctorate in East Asian studies and the Chinese economy from the University of Leeds in the United Kingdom.
Kim entered public service in 1989 after passing the 33rd class of the state civil service exam. He has held a range of posts in industry and energy, including spokesperson at the Ministry of Trade, Industry and Energy, full-time vice chairman of the Korea Display Industry Association, and head of the Gwangju Future Car Mobility Promotion Agency.
The appointment ends more than a year of acting leadership at the Korea Power Exchange following the voluntary resignation of former chairman Jeong Dong-hee in March last year.
The Korea Power Exchange is a key institution that balances real-time electricity supply and demand on the national grid. Because supply and demand must match at all times for stable operations, it forecasts daily demand, sets generation plans and adjusts plant output and the transmission network in real time as conditions change.
In the past, grid operations were relatively stable, centered on large power plants run by generation companies under Korea Electric Power Corp. But as the share of renewable generation has expanded rapidly, volatility has increased and grid management has become more difficult.
Against that backdrop, Kim’s role is expected to grow. Industry officials say they expect him to play an important part in stabilizing the power market and responding to energy policy challenges.
* This article has been translated by AI.
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