On Thursday April 7, Ukraine’s energy security was the topic of DTEK CEO Maxim Timchenko’s weekly online briefing.

Here is the lineup of key messages from Mr. Timchenko’s briefing:

Update on energy sector operation amid war:

  • “The Ukrainian people and Armed Forces of Ukraine have demonstrated persistent and strong resistance in facing the russian enemy. Greater consolidation within the international community is required to enable Ukraine’s victory.”
  • “Since the beginning of the war, DTEK Group has made its contribution to a Ukrainian victory. We provide electricity to critical infrastructure facilities at no cost. Electricity is supplied to healthcare facilities, military, and frontier service offices, as well as bakeries in Donetsk and Dnipropetrovsk regions, and in Kyiv. During March, DTEK supplied electricity to the aforementioned facilities and regions amounting to UAH 32 million.”
  • “Control over DTEK's Luhansk TPP has been lost. At the same time, due to two shells hit, the Okhtyrka TPP has been completely destroyed. In addition, Trypilska TPP of PJSC Centrenergo and Chernihiv TPP have been under fire.”
  • “Meanwhile, DTEK’s efforts remain focused on keeping the lights on in Ukrainian homes. Since February 24th, DTEK has been restoring power lines 24/7. As of today, more than 900 000 households have been reconnected to the electricity grids.”
  • “DTEK power engineers have started to restore electricity supply to recently liberated settlements in the broader Kyiv region. We expect to restore electricity supply in this particular area within the next two to three weeks.”
  • “At the same time, approximately 1.5m households remain cut off from electricity supply. The worst situation is currently in the Donetsk region, especially in Mariupol. The city has been cut off from its supply of heating, electricity and gas for 35 days now.

 

European energy security

  • “DTEK calls on international partners to impose an absolute ban on russian oil and gas and cut russia off from technology supplies to even further restrict its economy.”  
  • “If the world doesn’t put an end to trading russian oil and gas as soon as possible, , Putin’s war machine will continue receiving sufficient money to continue financing the killing of Ukrainian men, women, and children.”
  • “DTEK, NJSC Naftogas and NPC Ukrenergo have signed an open letter to the international business community to withdraw from the russian market. A website with the list of international companies that are still operating on the russian market has been launched”
  • “Now is the right time to relieve Europe of overdependence on russian energy supplies. It is perfectly achievable.

 

How Ukraine can replace russian energy sources

  • Increasing coal imports from Ukraine today is beneficial for the EU, which has imposed an embargo on russian coal.
  • In addition, Ukraine has started supplying 200 MW of commercial electricity to Poland.
  • The process is already well underway to enable the sale of Ukrainian energy to Europe. In March, the Ukrainian energy system was connected to the European Energy Grids (ENSTO-E). though this has been years in the making, though the final stages were accelerated due to the war. At this point, Ukraine is ready to move forwards with the launch of commercial energy exports.
  • We’re already in the position to export up to 1.5 GW of electricity to the EU today and can increase to 3-4 GW within a year.