BIXPO 2022, to be Rebranded as Asia’s Representative Electricity/Energy Fair
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BIXPO 2022, to be Rebranded as Asia’s Representative Electricity/Energy Fair
Industry and general (household) clients sing large amounts of electricity will see their rates surge additionally

27(Thu), Oct, 2022




A poster to publicize the Bitgaram International Expo of Electric Power Technology 2022 (BIXPO 2022), to be held at Kimdaejung Convention Center in Gwangju for a three-day run from Nov. 2 to Nov. 4. 


The Bitgaram International Expo of Electric Power Technology 2022 (BIXPO 2022) will take place at Kimdaejung Convention Center in Gwangju for a three-day run from Nov. 2 to Nov. 4. 

Spectators will be given the chance to look at new technologies and strategies of the future electricity/energy sector at a glance. BIXPO 2022 is the eighth rendition of the expo. BIXPO 2022 has established itself as a global electricity and energy fair. 

BIXPO 2022 will be held under the theme “Carbon Neutrality & Energy Security.” 

BIXPO’s mid- and long-term globalization strategies call for growing the Expo into Asia’s representative electricity/energy fair to establish its status as a global expo. 

Participants will be expanded to companies, research institutes and energy experts in the Asian region, including Japan, China and Vietnam to raise its global status and recognition. Buyers from Southeast Asia and the Middle East will be invited to hold export negotiation sessions with Korean counterparts. 




A whole view of the exhibition hall of BIXPO 2021. (Photos: KEPCO)



KEPCO Raise Electricity Rates 7.4 Won kWh, Effective Oct. 1

Electricity rates for the 4th quarter of the year have risen 7.4 won per kWh, effective Oct. 1. The rate hike brings to a four-member household an additional 2,271 won in monthly average electricity charge. 

Clients consuming large amounts of electricity are subject to differentiated rates. Korea Electric Power Corp. (KEPCO) announced steps to adjust electricity rates and improve a rate imposition regime on Sept. 30. 





KEPCO said the latest rate hike is designed to signal rates, indexing unit price cost increases, coupled with international price hikes and induce efficient electricity consumption. First of all, KEPCO raises the standard fuel cost for indexing electricity rates by 4.9 won per kWh, as the utility company announced earlier. Apart from this, KEPCO increases rates for all consumers by 2.5 won per kWh. 

As a result, electricity rates will be raised by a combined 7.4 won per kWh, effective October, so a four-member household using 307kWh will see their monthly average electricity rate increase 2,271 won. 

Besides these, industry and general (household) clients sing large amounts of electricity will see their rates surge additionally. They will be charged differentially according to supply voltage. The high-voltage “A” category will rise by 7 won, including 2.5 won in additional raise for all consumers, while the high-voltage “BC” category will increase by 11.7 won per kWh. 



   
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