Decarbonization, decentralization, digitalization, ESG principles – are the four main trends dominating the energy sector Four trends are determining the development of the global energy sector: decarbonization – we are talking about the carbon neutrality of entire continents; decentralization – the role of consumers is increasing; digitalization – the basis of all transformations; the principles of ESG – social and environmental obligations of companies.
DTEK CEO Maxim Timchenko spoke on these issues during his entry at the 11th Ukrainian Energy Forum. The theme of this year's forum was the modernization of the Ukrainian energy industry for a sustainable and integrated energy future in Europe. To achieve this goal, the government needs to restore the flow of investment in the industry and create conditions for attracting €4 billion of additional investments per year to ensure the enhanced production of 75% of electricity from renewable sources.
“Responsibility for the future of the country, environment, industry lies not only with the state, government, parliament, but also with the corporate sector. DTEK is building its future on the basis of ESG principles by integrating 12 UN Sustainable Development Goals into its strategy. These are the obligations that the company consciously takes upon itself”, said DTEK CEO Maxim Timchenko.