Escalated russian attacks, stronger energy resilience and landmark international investment: September showed how Ukraine is protecting today’s energy system while building the foundations for its future.
Ukraine prepares for winter under intensified attacks – but stronger than ever
russian attacks on Ukraine’s energy infrastructure intensified further in September, with Kyiv becoming a major target.
Several DTEK facilities were damaged, but our crews continued restoring infrastructure and maintaining power supplies wherever security conditions allowed.
Despite more intense attacks, Ukraine is preparing for its fifth wartime winter with a stronger and increasingly decentralised energy system.
Speaking to international journalists and diplomats in Kyiv, DTEK CEO Maxim Timchenko said:
“A more resilient system is taking shape. Ukraine will emerge from this war with one of the most modern energy systems in Europe.”
Read more about Ukraine’s preparations for winter
Landmark DFC financing backs DTEK’s battery storage project
In September, the U.S. International Development Finance Corporation approved a landmark loan for DTEK’s 200 MW/400 MWh battery storage project – DFC’s largest financing commitment to Ukraine’s energy sector.
The decision sends a clear signal of confidence in Ukraine’s long-term energy future and in DTEK’s ability to deliver major infrastructure projects, even under wartime conditions.
DTEK recently completed six battery storage sites across Ukraine in record time. The facilities will strengthen grid stability and energy security, demonstrating that Ukraine can continue building strategic energy infrastructure even while responding to attacks.
As Maxim Timchenko noted:
“This decision sends a wider signal: that the United States has confidence in Ukraine’s energy future, and that international investors can do business in Ukraine when strong projects are matched with credible partners.”
Read the full announcement | Read the CEO’s perspective
DTEK’s Advisory Council brought together international leaders to discuss a resilient, competitive energy future that attracts investment.
International support for Ukraine’s energy sector is bringing together investment, expertise and policy leadership.
Chaired by Geoffrey Pyatt, DTEK’s Advisory Council brought together senior policymakers, diplomats and energy experts in Kyiv to discuss how Ukraine can build a more resilient, competitive and investment-ready energy system.
The Council’s White Paper, Ukraine’s Energy Future, presents practical recommendations for strengthening energy security, accelerating modernisation and creating the conditions for long-term investment and growth.
Read more about the Advisory Council
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.