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New York Times: Ukraine’s devastating energy grid battles a new foe: a sizzling heat wave

18 July 2024, Ukraine
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<strong>New York Times:</strong> Ukraine’s devastating energy grid battles a new foe: a sizzling heat wave
New York Times: Ukraine’s devastating energy grid battles a new foe: a sizzling heat wave
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“The roar of generators installed by cafes and restaurants has become a soundtrack of the Ukrainian capital since the heat wave began last week. With power out in the city, residents walk their dogs at night using glow sticks as collars on streets plunged into darkness.”

Constant Meheut paints a picture of life in Kyiv for the New York Times.

The piece quotes DTEK's published information about the critical equipment needs to rebuild generating capacity in time for winter, with the cost of equipment alone amounting to $176 million at the time of publishing.

“But officials and experts acknowledge that the repaired power stations could be hit again by Russian missiles before winter, rendering the effort pointless.”

Read the full article on the New York Times website (paywall).

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DTEK Group is the largest private investor in Ukraine’s energy sector, with 55,000 employees and over €12 billion of capital invested since 2005.

Our businesses generate electricity at wind, solar and thermal power plants; distribute and supply power to end consumers; extract natural gas and coal; trade energy resources on Ukrainian and foreign markets; and provide domestic and commercial energy services.

Over the last 20 years, DTEK has grown into a national energy leader and is today transforming into a pan-European clean energy business.

Since the full-scale invasion of Ukraine in 2022, DTEK Group has restored power to millions of consumers across regions affected by hostilities.

DTEK Group is 100% owned by SCM Holdings. The ultimate beneficiary and sole shareholder is Rinat Akhmetov, a businessman and philanthropist.