Energy of Ukraine: crisis, consequences, solutions

Energy of Ukraine: crisis, consequences, solutions

DTEK22 April 2020

Energy of Ukraine: crisis, consequences, solutions

 

For nine months, the industry has been in a systemic crisis, which was exacerbated by the COVID-19 pandemic. The crisis has already led to temporary layoffs and has created the threat of closure across energy enterprises which, as a result, has created threats to national energy security.

On April 14, DTEK CEO Maxim Timchenko held a press briefing aimed at drawing the attention of the public and the country's leadership to the main threats facing the Ukrainian energy industry today, as well as outlining possible scenarios for resolving the crisis






Critical situation in energy sector

Profile

DТЕК is the largest private investor in Ukraine’s energy sector.

DTEK Group produces coal and natural gas, generates electricity at thermal, solar and wind power plants, distributes electricity, supplies electricity to end consumers, provides energy efficient solutions and develops a network of EV charging stations.
In 2019, DTEK’s capital investments totalled UAH 23 bln. Moreover, the company paid UAH 23.4 bln of taxes. DTEK employs 70 thousand people.

The company is 100% owned by SCM Limited. Ultimate beneficial owner – Rinat Akhmetov.

 

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DTEK
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