EN
UA
Home page News and Insights Company announcements

Post-crisis Ukraine: new energy for a new Europe

29 March 2022, Ukraine
Subscribe to our news linkedin
Post-crisis Ukraine: new energy for a new Europe
Post-crisis Ukraine: new energy for a new Europe
Subscribe to our news linkedin

Even before the Russian invasion, Ukraine had been reckoning with an energy system that shackled the country to Russia and depended heavily on hydrocarbons. But Putin’s aggression can be the impetus for a Ukrainian energy transformation, one that is not reliant on Russian transit fees and deeply connected with friendlier European energy markets. Initial steps, like Ukraine’s emergency synchronization with the ENTSO-E network and deals to build new nuclear reactors, show promise. What more needs to be done to make Ukraine an independent clean energy hub for Europe? How can European and global partners help? Experts discussed all this during the Global Energy Forum 2022. We share a recording of the speech of Maksym Timchenko, CEO of DTEK.

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.