International oil prices continue to rise, putting cost pressure on downstream companies.Korea ElectricNext year, floating rates linked to global energy prices will be used to increase profitability. Driven by this news, Korea Electric Power's US stock soared 12% on Thursday.

The price of Brent crude oil has more than doubled since its lowest point in April, surpassing $50 per barrel. As central banks around the world continue to maintain quantitative easing and OPEC+ organizations continue to cut production, international oil prices are expected to rise further.

Currently, Korea Electric Power uses a fixed rate. The company said the new floating rate will entice users to save when energy prices are higher, while providing users with more affordable prices when coal, oil, and gas energy prices fall.

When global oil prices soar in the short term, governments can also choose to delay adjusting electricity bills.

According to Asia Value & Moat Stocks, a fundamental research institute, Korea Electric Power Company may resume paying dividends after recovering profits, whileDividend rateIt may exceed market expectations.