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  • The Economist: DTEK CEO on keeping Ukraine's power system alive under fire
06 January 2026, Ukraine
The Economist: DTEK CEO on keeping Ukraine's power system alive under fire
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The Economist: DTEK CEO on keeping Ukraine's power system alive under fire

Ukraine's energy system is facing its toughest test yet. As attacks intensify, destruction is outpacing repairs and energy workers are racing against time to keep the country powered through winter.

In a recent article by The Economist, DTEK CEO Maxim Timchenko describes the reality on the ground: repair crews working around the clock, often under threat, and a constant search across Europe for decommissioned transformers and equipment that can be retrofitted into Ukrainian power stations.

"russia has been hitting us harder than at any time since the full-scale invasion," Timchenko says. "The level of destruction is too great to recover everything. Our mission is to survive this winter."

The article details how DTEK teams are using the fastest methods available to restore generation, retrofitting old equipment, rebuilding substations, and keeping critical infrastructure running even as long power cuts affect major cities including Kyiv.

The Economist notes that russia’s increased focus on targeting substations in major urban areas marks a significant escalation. Yet despite the damage, emergency services continue to function, communities adapt and energy workers keep going, repairing, restoring and holding the system together, one site at a time.

Read the full article

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About 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 more than 26 million consumers in 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. 

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