Reflexpixel/iStock via Getty Images Korea Electric Power Corporation ( KEP ) could be entering a phase of positive changes to take advantage of its energy potential. It is the main state utilities company in South Korea, with 848 units of generation, and an installed capacity of 85.4 GW. According to the IEA, the country consumes annually 600 TWh and possesses a total installed capacity of between...
Reflexpixel/iStock via Getty Images Korea Electric Power Corporation ( KEP ) could be entering a phase of positive changes to take advantage of its energy potential. It is the main state utilities company in South Korea, with 848 units of generation, and an installed capacity of 85.4 GW. According to the IEA, the country consumes annually 600 TWh and possesses a total installed capacity of between 130 and 140 GW, hence KEP's weight is very important The government is proposing an energy reform to boost renewable sources by 2030 and to phase out coal. What I liked the most about that proposal is that it will maintain the adoption of nuclear energy , which represents almost 33% of the company's generation. This seems to me to be a contribution that will become increasingly important for the future given the resurgence of nuclear energy in the U.S. Korea shares that view with the policies of President Trump and it could take advantage of the SMR (Small Modular Reactors) projects. IEA The energy transition is only one of the catalysts I'm looking at in KEP. The other two important factors are the update of electricity prices in Korea, the boom of AI data centers, and the high demand for semiconductors. AI is already generating record exports for 2026. The Kobeissi Letter Furthermore, after the recent KOSPI fall due to the Middle East tensions, I believe it is a very good entry opportunity. Not in tech companies themselves, but in a company that is the energy source for those tech companies, such as KEP. I will also assess the risks of a possible escalation of tensions in the Middle East and its effects on rising oil prices. But I'm thinking of a long term investment. Before the conflict in Iran, I calculated a crude oil overstock on a global level, and I maintain that perspective. I believe that geopolitical events pass, and the solid investment thesis in the long term stays. That's why I see solid fundamentals in KEP, a company that's connected more than it seems, to t...
Oscars 2026: Jessie Buckley, Michael B Jordan and Jacob Elordi at the afterparties – in pictures The great, the good and the glamorous headed this year to aftershow parties including the Governors Ball dinner and the Vanity Fair bash at the LA County Museum of Art. Here are our pick of images from the evening
Oscars 2026: Jessie Buckley, Michael B Jordan and Jacob Elordi at the afterparties – in pictures The great, the good and the glamorous headed this year to aftershow parties including the Governors Ball dinner and the Vanity Fair bash at the LA County Museum of Art. Here are our pick of images from the evening
para827/iStock via Getty Images For this Sunday's focus, I want to drill down on the illogical narrative that AI is going to displace security software. The cybersecurity sector got devalued because Anthropic and then OpenAI announced scanning code security vulnerabilities. Never mind that there are other companies already doing so, and at least some use gen AI already. Code scanning is not new, n...
para827/iStock via Getty Images For this Sunday's focus, I want to drill down on the illogical narrative that AI is going to displace security software. The cybersecurity sector got devalued because Anthropic and then OpenAI announced scanning code security vulnerabilities. Never mind that there are other companies already doing so, and at least some use gen AI already. Code scanning is not new, nor is it all disruptive to the cybersecurity sector. One that quickly comes to mind is JFrog ( FROG ); they could scan for code vulnerabilities using AI for at least several years ( cite ). As an aside, FROG specializes in DevSecOps: Development and Security Operations. This is a sector that is completely on its own and considered separate from what we know as cybersecurity. So what I am saying is that this code scanning announcement upset the applecart of a separate and distinct specialization. Cybersecurity has always been about actually defending against actual attacks ( cite ). Incidentally, code scanning does not protect against "Zero-Day Attacks," which are malware that use as yet unknown exploits in system or application code. Only when such an attack occurs can security experts discover and analyze the code and then patch the code responsible. Only then do code scanners have the ability to suss out similar troublesome code. Cybersecurity Software is Already Chock-Full of AI CrowdStrike ( CRWD ), SentinelOne ( S ), and likely many more use AI to get a jump on new malware. I am naming CRWD and S because I am most familiar with them. I am assuming there are many more. CRWD has created an internal network of current users that instantly reports new zero-day occurrences at any of the network members and quickly propagates the necessary actions to counter the incursion throughout the network. S is also an AI-native software security business that provides autonomous AI-based protection that deflects attacks in real time ( cite ). What I am getting at here is that cybersec...