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Fri, August 12, 2022 | 08:49
Business
Can KEPCO reverse worsening financial soundness?
한전 역대급 적자, 회복 가능할까?
Posted : 2022-05-24 17:04
Updated : 2022-05-24 17:04
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KEPCO headquarters in Naju, South Jeolla Province Korea Times file
KEPCO headquarters in Naju, South Jeolla Province Korea Times file

By Lee Kyung-min

Korea Electric Power Corp. (KEPCO) should adopt a policy that allows volatile global oil and coal prices to be reflected in billed utility rates without government intervention, according to economists and company officials Monday.
한국전력공사(KEPCO)는 정부의 개입 없이도 청구할 사용 요금에 변덕스러운 국제 유가와 석탄 가격의 반영을 허용하는 정책을 채택해야 한다고 월요일 경제학자 및 기업 근로자들이 전했다.


The renewed recommendation is buttressed by the state-run energy firm's staggering operating loss of nearly 8 trillion won ($6.3 billion) in the first quarter of this year, a drop far bigger than its 5.86 trillion won operating loss for all of last year.
거듭 강조되는 이러한 권고는 올해 1분기에만 지난해 적자액 5조8600억원보다 훨씬 크게 폭락한 값인 거의 8조원(6억3천만 달러)에 달하는 이 에너지 공기업의 엄청난 영업 손실로 뒷받침된다.


Behind the steep loss was a freeze in electricity rates despite surging global oil and coal prices amid geopolitical uncertainties and an energy crisis amplified by Russia's invasion of Ukraine. KEPCO posted a 4 trillion won operating profit in 2020.
이 급격한 손실의 이면에는 지정학적 불확실성과 러시아의 우크라이나 침공으로 에너지 위기가 증폭돼 국제 유가와 석탄 가격이 급등했음에도 동결된 전기 요금에 있다. 한전은 2020년 영업이익 4조원을 발표했다.


Market watchers say the easiest and suresay to temper soaring inflation is for the government to cap the electricity rate, but this short-term price stabilization measure will only add to the long-term buildup of losses that will fall entirely on taxpayers.
시장 관찰자들은 치솟는 인플레이션을 완화하는 가장 쉽고 확실한 방법은 정부의 전기 요금 상한선 설정이라고 말하지만 이 단기적 가격 안정화 조치는 납세자에게 돌아갈 장기적 손실의 축적을 전적으로 가중시킨다.


"The policy is the answer to the longstanding problem, and the government knows it," Seoul National University economist Lee In-ho said.
이인호 서울대 경제학과 교수는 "이 오래된 문제에 대한 답은 (정부의) 정책이고 정부도 그 사실을 알고 있다"고 말했다.


The rational and reasonable step in principle, however, loses momentum, largely because energy costs account for a significant portion of living expenses, especially for low-income households.
그러나 원칙적으로 합리적이고 타당한 단계는 추진력을 잃고 있는데 그 이유는 에너지 비용이 특히 저소득 가구 생활비의 상당 부분을 차지하기 때문이다.


"The government has to rein in price increases to lessen the cost of living, but it cannot disregard the surging global commodity prices for months on end."
"정부는 생활비를 줄이기 위해 물가 인상을 억제해야 하지만 몇 달 동안 계속 치솟는 국제 원자재 가격을 무시할 수는 없다."


KEY WORDS
■ reverse 반전시키다
■ volatile 변덕스러운
■ buttress 지지하다, 힘을 실어 주다
■ staggering (너무 엄청나서) 충격적인
■ temper 완화시키다
■ cap 한도를 정하다
■ fall on (부담이) ~에게 떨어지다
■ portion (더 큰 것의) 일부[부분]
■ rein in 억제[통제]하다
■ disregard 무시[묵살]하다

기사 원문 보기


Emailywjeon@ktimes.com Article ListMore articles by this reporter
 
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