When the country your company is based in happens to be one of the world’s most industrialized countries, and it just so happens to be that your business is that of supply power and electricity to the majority of that country, well, it stands to reason that you can turn quite the handsome profit just by showing up for work, the same as when trading binary options, sometimes, it’s really all about just turning up and making a trade at an opportune time.
Trading Kepco binary options may be a lot like that – as a company that enjoys a near monopoly (93% of all of South Korea’s power supply is run through Kepco) can be a little easier to predict – the market is nearly void of competition so if you can correctly predict the market influences, you will very likely be able to assess the direction the market takes and the other way around.
So now that you realize the kind of sway that Kepco holds over the electrical market in South Korea and how that power can work to your advantage, you might want to have a brief look at what makes this company tick so you can figure it out a little better.
While the company has roots that go as far back as the late 19th century, its existence really began in 1943 when the Korean Government announced that it will integrate a number of small electrical power companies into a larger national supplier, by 1982 the company had become an official government entity and received its official name.
The company was first listed on the Korean stock exchange in mid-1989 and followed suit on the New York stock exchange in 1994 further establishing its presence.
Like most traditional power suppliers around the world, Kepco relies heavily on fossil fuels for generation, but the company is also heavily invested in future technology that relates to smart power creation and supply, many older plants are being demolished, and the company is switching to use mostly hydro powered plants, in addition to nuclear ones, in addition to that, Kepco and the South Korean government are both integral parts of a $7 billion experiment being conducted on Jeju Island, the experiment, once the groundwork for it is complete, will test the efficiency and profitability of a smart electrical grid, which will decrease South Korea’s overall power consumption and greenhouse gas emissions.
That experiment, if successful and profitable could soon be the new global standard for power grids, and Kepco, as the sole owner of the technology would stand to benefit greatly from just such an occurrence.
There’s good news – You don’t really need to wait until the year 2030 or so when the Jeju project is likely to be completed, if you fancy an investment in Kepco binary options, the present is as good a time as any. Simply make sure to enter the market at the opportune time, and since power supply is always in demand, you really need to focus more on market fluctuations to fuels, as those can have a direct impact on the market, doing smartly will power you to success.