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  • Associated Press: Ukraine is ready to export electricity to lower EU's dependence on russian energy – Timchenko
31 May 2022, Ukraine
Associated Press: Ukraine is ready to export electricity to lower EU's dependence on russian energy – Timchenko
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Associated Press: Ukraine is ready to export electricity to lower EU's dependence on russian energy – Timchenko

Maxim Timchenko, DTEK's CEO, has given an exclusive comment to Associated Press reporters during the World Economic Forum 2022 in Davos.

Maxim Timchenko has commented on the condition of Ukraine's energy sector during the war and argued that there is a need to launch commercial electricity exports to the EU. Having shown a stable operation throughout the war, Ukraine's energy sector is ready for this step. Exports are needed not only to keep Ukrainian utilities financially healthy, but also to make the EU better off as it will then be able to cut its dependence on other russian energy resources.

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