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  • SPIEGEL INTERNATIONAL: "We are much better prepared this year" says DTEK CEO
23 November 2023, Ukraine
SPIEGEL INTERNATIONAL: "We are much better prepared this year" says DTEK CEO
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SPIEGEL INTERNATIONAL: "We are much better prepared this year" says DTEK CEO

In an article covering Ukraine's grid preparation for another winter of war, Spiegel International quoted DTEK CEO Maxim Timchenko.
 
His key messages:

  • "We took measures to protect the grid after the invasion, but we didn't expect attacks on this scale."
  • "We are much better prepared this year." His company's goal was to restore all losses on the electricity grid from the previous year, which it has managed to accomplish. The imperative is to protect them to the degree possible with expanded air defences, physical protection measures, and ample spare parts.
  • "We used our resources to build 114 megawatts of renewables supply at a cost of 200 million euros". 
  • "To reach 500 megawatts, we would need another 400 million euros. For that, though, we would need support, which we are not currently getting." 
  • An important step would be decentralizing the energy grid with renewable energies. "One missile can destroy 300 megawatts of our thermal energy production, but not 50 wind turbines with the same output."

Read the full story here 

BACKGROUND

DTEK Group is the leader and the biggest private investor in Ukraine’s energy sector. DTEK Group employs 55,000 people. Our companies are involved in coal and natural gas extraction; electricity generation from wind, solar, and thermal power plants; energy resources trading in local and international markets; distributing and supplying electricity to consumers; providing energy efficiency services to customers; and developing high-speed charging station networks.
 
Our Strategy 2030 commits DTEK Group to transforming into a more efficient, eco-friendly and technologically advanced business, guided by ESG principles. Our goal is to achieve carbon neutrality by 2040.
 
During the war, DTEK Group has restored power-supply more that 8 million customers in the regions affected by russian hostilities.

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