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The Washington Post: outages shroud Ukraine as russian strikes on power plants take their toll

07 June 2024, Ukraine
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<strong>The Washington Post:</strong> outages shroud Ukraine as russian strikes on power plants take their toll
The Washington Post: outages shroud Ukraine as russian strikes on power plants take their toll
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In a recent Washington Post article, DTEK CEO Maxim Timchenko revealed that russia's missile attacks have devastated Ukraine's energy infrastructure, with the country's largest private power producer losing 86 percent of its generating capacity.

"What makes the situation worse is that many of the electrical facilities have been targeted repeatedly — a cycle of destruction, recovery, destruction," Timchenko told the Washington Post. He pointed to one DTEK power unit that was repaired just weeks ago only to be struck again over the weekend, saying "Now it's just gone."

Timchenko expressed hope that next week's Ukraine Recovery Conference in Berlin can help secure crucial equipment like gas turbines. He also aims to reach agreements to purchase decommissioned power plant equipment from Europe as DTEK works to restore capacity.

The full Washington Post article details the dire situation facing Ukraine's energy sector under the onslaught of russian strikes. DTEK remains committed to maintaining and rebuilding infrastructure to keep Ukraine's lights on.

Read the full article on the Washington Post.

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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.