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Since the company’s founding 20 years ago, DTEK has grown into a national energy leader. Today we are transforming into a pan-European clean energy business.
Our businesses generate electricity at wind, solar and thermal power plants, distribute and supply electricity to end consumers, extract natural gas and mine coal, trade energy resources on Ukrainian and foreign markets, and provide domestic and commercial energy services.
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The green transition is profoundly transforming the global energy landscape, and DTEK is embracing this revolution.
DTEK is investing heavily in implementing innovative technologies, establishing new businesses, shaping new capacities, and enhancing the production process.
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Dmytro Sakharuk: improving the investment environment is crucial for Ukraine to fulfill its commitments on international climate goals
16 December 2021, Ukraine
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Dmytro Sakharuk: improving the investment environment is crucial for Ukraine to fulfill its commitments on international climate goals
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Ukraine has set an ambitious climate goal of reducing CO2 emissions by 65% from the 1990 level by 2030. This goal can only be achieved with a strategic approach to energy transformation and guarantees of attracting long-term systemic investment in new Renewable Energy System (RES) facilities.
DTEK Executive Director Dmytro Sakharuk made this point when he spoke at the Business Decarbonisation Dialogue organised by the British Embassy in Ukraine and the Office of the National Investment Council.
He said: "For Ukraine to achieve its ambitious CO2 goal, the energy sector has to invest at least $2.75-3 billion (UAH75-80 billion) in decarbonisation projects every single year. What is holding us back is that investing in Ukraine is high risk, particularly when it comes to the renewable energy sector. We urgently need the state to implement common rules of conduct policy for foreign and domestic investors to reduce that risk. That will allow us to make the move from talking about our climate programme to delivering the actions required to implement it.”
According to expert modelling, resolving the issue of debt repayment to all RES producers, resulting in the restoration of investor confidence, will contribute $3 billion (UAH80 billion) of growth to Ukraine's average annual GDP, as well as accelerating the RES programme.
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.
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