The AMCU report fixed the following explanations, removing any speculation on the topic of the market share abuse:
1. In 2015-2017, the share of DTEK in the generation of electricity did not exceed 26%.
2. In the current market design, the volume of electricity is set by the Ministry of Energy and Coal Industry, dispatching is carried out by the state-owned enterprise "Ukrenergo", the SE Energorynok acts as the single buyer, and prices are set by the NEURC.
"The market power of DTEK Group Companies (like any other market participant in the generation of electricity) in the current wholesale electricity market model cannot be realized due to existing administrative constraints," the AMCU report notes.
The company welcomes the objectivity of the investigation, the transparency of the dialogue of all participants, the depth of engagement of Ukrainian and international experts, and a wide public discussion that accompanied the process.
DTEK CEO, Maxim Timchenko: "DTEK Group is always strictly abiding by Ukrainian and international legislation, which is once again confirmed in the report of the Antimonopoly Committee of Ukraine. The company remains the largest domestic investor in the country's economy. We believe in the speedy completion of the reform of the energy sector in accordance with European rules and norms, which will give a new impetus to the economic development of Ukraine."
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.