SK AX and Korea Electric Power Technology Sign MOU for AX Innovation in Energy Sector

by Shin Hye An Posted : July 2, 2026, 08:56Updated : July 2, 2026, 08:56
Kim Wan-jong, President of SK AX (third from right), Son Geon-il, CCO of SK AX (second from right), Kim Tae-kyun, President of Korea Electric Power Technology (third from left), Jang Hyun-young, Director of Research at Korea Electric Power Technology (second from left), and other officials pose for a commemorative photo after the MOU signing for AX collaboration in the power and energy sectors. [Photo=SK AX]
Kim Wan-jong, President of SK AX (third from right), Son Geon-il, CCO of SK AX (second from right), Kim Tae-kyun, President of Korea Electric Power Technology (third from left), Jang Hyun-young, Director of Research at Korea Electric Power Technology (second from left), and other officials pose for a commemorative photo after the MOU signing for AX collaboration in the power and energy sectors. [Photo=SK AX]

SK AX is partnering with Korea Electric Power Technology to drive AX innovation in the energy sector. The collaboration aims to enhance operational efficiency from power plant design to maintenance through artificial intelligence (AI), thereby strengthening the industry's ability to meet surging energy demands.

On July 2, SK AX announced that it signed a memorandum of understanding (MOU) with Korea Electric Power Technology at the SK U Tower in Seongnam, Gyeonggi Province. The signing ceremony was attended by executives from both companies, including Kim Wan-jong, President of SK AX, and Kim Tae-kyun, President of Korea Electric Power Technology, who discussed collaboration strategies.

Korea Electric Power Technology is a leading comprehensive design institution for domestic power plants, recognized for its world-class competitiveness in nuclear power design. The company is currently pursuing AX innovation to adapt to changes in future energy projects, including small modular reactors (SMRs) and renewable energy.

Through this agreement, both companies will gradually implement AX innovation across various areas, from back-office management to core business sectors such as power plant design and operation.

A representative from SK AX stated, "This agreement marks the starting point for creating an AX innovation model across the power and energy industry based on our respective expertise. We aim to continuously expand the scope of our AX collaboration to contribute to enhancing national competitiveness in the energy sector."

The power and energy industry involves vast technical data and complex processes connected across design, project management, operation, maintenance, and safety management.

SK AX emphasized the importance of designing a structure where AI can be effectively utilized in actual operations, rather than merely introducing AI. The company anticipates that combining Korea Electric Power Technology's engineering expertise with SK AX's AX execution capabilities will enable operational optimization and AI augmentation throughout the entire power industry.

Initially, SK AX plans to implement its core AX platforms, including the Xgenetic Wire AI Project Management Office (AiPMO) and the Xgenetic Wire NPO Agent Builder, to enhance operational efficiency at Korea Electric Power Technology.

The AI Project Management Office is a comprehensive management AX platform that supports the entire process of power and energy projects, including proposal, initiation, schedule and cost management, risk assessment, and performance management. The Xgenetic Wire NPO Agent Builder is a no-code AI agent development platform that enables field personnel to create and utilize AI agents tailored to their operational needs.

Both companies will jointly identify AI application projects specialized for the power and energy industry. They will also promote AI-based innovations across all areas from design to operation and maintenance (O&M), including the development of an offshore wind O&M platform that supports power generation forecasting, predictive maintenance, and asset management.

Kim Wan-jong, President of SK AX, remarked, "The demand for AI innovation in the power and energy industry is rapidly expanding, covering everything from design to operation and maintenance. Through this collaboration, we aim to establish an AI augmentation system that delivers tangible results across processes, operational systems, and governance in the energy sector."

Kim Tae-kyun, President of Korea Electric Power Technology, stated, "In the power industry and engineering sector, AX is no longer an option but a necessity. It is time to create innovations that provide real benefits to the field and operations. By combining Korea Electric Power Technology's world-class expertise with SK AX's AI capabilities, we will set a new standard for innovation in the future power industry."

Meanwhile, SK AX has been expanding its enterprise AX business by forming strategic partnerships with global technology firms and industry-specific domain experts. On May 14, the company announced a collaboration with OpenAI to establish a secure enterprise AI operating environment based on ChatGPT Enterprise, ensuring data control and security.



* This article has been translated by AI.