DTEK launches Energy Transition Plan to support Ukraine’s energy security and decarbonisation goals

DTEK, Ukraine's largest private energy company, today published its first Energy Transition Plan, setting out how Ukraine can build a more secure, resilient and lower-carbon energy system while supporting the country’s long-term recovery and integration with Europe.

The publication comes in the same week as London Climate Action Week and ahead of the Ukraine Recovery Conference (URC) in Gdansk, where governments, investors and businesses will discuss the partnerships and investment needed to support Ukraine’s reconstruction. DTEK emphasises that rebuilding the country’s energy system presents an opportunity to strengthen both energy security and long-term competitiveness through investment in modern, resilient and lower-carbon infrastructure.

russia’s full-scale invasion and repeated attacks on energy infrastructure have demonstrated the importance of a more flexible, decentralised and resilient energy system in Ukraine. The war has shown that energy security depends not only on generating enough power, but on building a system that can better withstand disruption and recover more quickly. Renewable energy, battery storage and other distributed energy solutions have an important role to play in strengthening resilience while supporting Ukraine’s long-term decarbonisation.

Developed against this backdrop, DTEK’s Energy Transition Plan recognises the unique challenges of operating in a country at war, the immediate needs of Ukraine’s energy system and support for Europe’s green agenda.

The Plan outlines how DTEK will contribute to Ukraine’s energy transformation through four strategic priorities: fulfilling our obligation to Ukraine’s coal transition, scaling investment in renewables, modernising electricity networks and deploying lower-carbon solutions that can strengthen both energy security and decarbonisation.

It also sets out a pathway that aligns with Ukraine’s national climate and energy objectives. The Plan will result in emissions reductions of 42% in scope 1 and 2 emissions and 25% in scope 3 emissions by 2035, putting DTEK on track to achieve net zero by 2050.

DTEK Chief Sustainability Officer, Jeff Oatham, said:

"One of the most important questions facing Ukraine’s reconstruction is how to balance the need for energy security and energy transition. At DTEK, we believe that the two are mutually reinforcing. The energy system we rebuild must be more resilient, more flexible and better able to withstand future shocks. At the same time, it must support Ukraine’s long-term decarbonisation ambitions and integration with Europe. Our Energy Transition Plan sets out how DTEK intends to help deliver that future."

Since the start of the full-scale invasion, DTEK has invested €2.4 billion in Ukraine, including in renewable energy, battery storage, grid modernisation and energy restoration. Continued private investment and international partnerships will be critical to building a more secure, resilient and sustainable energy system for Ukraine and Europe.

Alongside the Energy Transition Plan, DTEK also published its latest Sustainability Report, detailing the company's environmental, social and governance performance and its contribution to maintaining critical energy services throughout the war.