DTEK Group digest from September 1 – 27, 2024

• DTEK CEO in New York for Climate Week and UN General Assembly

“I’m in New York for Climate Week and UN General Assembly. Looking forward to talking to business and policy leaders who can make a real difference to Ukraine, and our mission to build a greener, more resilient energy system. ” stated Maxim Timchenko on his X account.

And added:

“DTEK expects our first cargoes of liquefied natural gas (LNG) from the United States to arrive in Europe by the end of the year. The gas will not only help Ukraine, but other countries in Eastern Europe that previously relied on russian imports.”

• DTEK to invest €140 million in energy storage systems to strengthen Ukraine’s energy security

DTEK is to build a series of energy storage systems in Ukraine with a capacity of 200 MW to help build a secure and green energy system. €140 million will be invested in the project, making the company the largest investor in energy storage in Ukraine. The systems will be commissioned no later than September 2025 and will start providing ancillary services to Ukraine’s Transmission System Operator Ukrenergo. The agreement accelerates the development of Ukraine’s energy storage market and the development of more storage capacity. Energy storage systems are a strategic priority for DTEK Group.

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• UN human rights report says Russian attacks on Ukraine’s energy system breached principles of international law

After visiting DTEK facilities and other energy infrastructure across Ukraine, experts from the United Nations Human Rights Monitoring Mission (HRMMU) concluded that the destruction of critical energy infrastructure (including critical assets such as heating facilities during the winter months), “breaches principles of international humanitarian law designed to protect civilians.”

DTEK CEO Maxim Timchenko said: “This comprehensive dossier of evidence compiled by the United Nations points to only one conclusion: that russia is deliberately trying to terrorise Ukrainians into surrender. Not only is this strategy illegal under international law, it will ultimately fail. In rebuilding what we have lost, Ukraine is creating a stronger, more resilient and greener energy system.”

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• DTEK installation in Kyiv reveals devastating impact of Russian strikes on Ukraine’s energy equipment

DTEK opened a new public exhibition, giving Kyiv residents and guests the opportunity to see heavily damaged Ukrainian thermal power plant (TPP) equipment in person for the first time. The installation features a real power transformer destroyed by russian strikes at one of DTEK's thermal power plants. Its battered exterior tells the story of waves of missile and drone attacks; it survived several hits by debris but was eventually completely destroyed. 

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• Featured in international media

In an op-ed published in The Times, DTEK CEO Maxim Timchenko has outlined the urgent need for a strategic approach to protect and rebuild Ukraine's energy infrastructure, likening it to a modern-day Marshall Plan for the country's power sector. The article outlines several innovative solutions being implemented across the country. These include the delivery of equipment for supporting power system from abroad. At DTEK, efforts are underway to rebuild power stations and source used turbines and transformers from Eastern Europe. However, Maxim Timchenko stressed that these efforts must be complemented by sufficient air defence systems from Ukraine's allies. He argued that while air defences are crucial for immediate protection, a more strategic approach is necessary for long-term energy security. 

Photo by © UN Human Rights Monitoring Mission in Ukraine/Honcharuk Anastasiia