some-alt
DTEK
About DTEK
Go to: About DTEK Mission, vision, values New strategy 2030 History Contact us Privacy policy Cookie Policy
#FightForLight Standing with Ukraine Our people Awards and Recognitions
Our businesses
Go to: Our businesses DTEK ENERGY DTEK RENEWABLES DTEK OIL&GAS DTEK GRIDS DRI
MODUS X Academy DTEK D. TRADING D. SOLUTIONS
Sustainability
Go to: Sustainability Our sustainability journey Investing in green Environment Standing with Ukraine Our people Governance Policies
Investors
Go to: Investors Governance Sustainability Reports
News and Insights
Go to: News and Insights Media releases DTEK and Fluence project In the media Image library Video library Contact us
Careers
Go to: Careers DTEK community Jobs
Toggle High Contrast
EN
UA
Home page News and Insights Media releases

Media releases

  • Home page
  • News and Insights
  • Media releases
  • DTEK's strategic goal is to achieve carbon neutrality by 2040
07 December 2021, Ukraine
DTEK's strategic goal is to achieve carbon neutrality by 2040
PDF version
Download
download
Subscribe to our news linkedin
DTEK's strategic goal is to achieve carbon neutrality by 2040

DTEK's strategic goal is to achieve carbon neutrality by 2040. Picture 1Realizing the scale of the global climate emergency, Ukraine has adopted ambitious goals to reduce greenhouse gas emissions. The country plans to reduce emissions by 65% ​​of its 1990 emissions level by 2030 and to achieve carbon neutrality by 2060. In this regard, Ukraine is developing a new energy strategy, which will define measures for the green transformation of the energy sector and long-term energy balance.

According to estimates of the Ukrainian electricity transmission system operator Ukrenergo, in order to meet the reliability requirements of the Unified Energy System of Ukraine, the available capacity of TPPs should be at least 12 GW by 2030. Today, this role is played by coal generation. Over time, it will be replaced by new, less carbon-intensive generation: gas, small nuclear or pure coal with technologies for capturing CO2.

To ensure reliable operation of Ukraine’s Unified Energy System, DTEK, as a key player in the thermal generation segment, will maintain the required capacity of coal-fired TPPs and also create new capacities in green generation. The company undertakes to achieve carbon neutrality by 2040, as was publicly announced by DTEK CEO Maxim Timchenko at the end of 2020. Additionally, DTEK was the first Ukrainian company to join the Powering Past Coal Alliance (PPCA) initiative at the UN Climate Change Conference (COP26) in 2021.

Realizing the importance of the development of renewable energy sources, which are a vital mechanism for reducing greenhouse gas emissions in the energy sector, DTEK Renewables has invested 1.5 billion euro in the construction of wind and solar power plants, which made it possible to reach 950 MW of installed capacity. Now the company is working on the implementation of a project for the construction of the Tiligulska wind farm with a capacity of 500 MW, which will begin construction in 2022. Thus, the total capacity of DTEK Renewables in 2022 will increase to 1.5 GW.

The total reduction in CO2 emissions from existing DTEK Renewables plants is 2.5 million tons:

  • Botievska wind farm 200 MW – approx. 650 thousand tons saved per year
  • Tryfonivska SPP 10 MW – approx. 13 thousand tons saved per year
  • Nikopolska SPP 200 MW – approx. 350 thousand tons saved per year
  • Prymorska wind farm (1st and 2nd stage 200 MW) – approx. 700 thousand tons saved per year
  • Orlivska wind farm 100 MW – approx. 380 thousand tons saved per year
  • Pokrovska SPP 240 MW – approx. 450 thousand tons saved per year
  • Tiligulska wind farm with a capacity of 500 MW – after completion of construction and commissioning in 2022, it is expected that CO2 emissions will decrease by about 1.6-2.0 million tons per year.

Also, according to the 10-year scenario of electricity demand and supply developed by the transmission system operator Ukrenergo, by 2031, 500 MW of energy storage systems (ESS) should be installed in Ukraine to ensure regulation and frequency support in the Ukraine’s Unified Energy System.

DTEK Energy was the first to implement a pilot project to integrate energy storage systems into the United Energy System of Ukraine. In 2021, a solar power plant with a capacity of 1 MW was commissioned at the DTEK ZAPORIZKA TPP site. This project opened a new energy segment for Ukraine and allows to gain experience for successful further development. DTEK is planning its next ESS project with a capacity of 50 MW.

DTEK makes every effort to minimize the impact of production activities on the environment and to have positive social impact. We pay special attention to caring for the quality of life of future generations. DTEK is working with various international organizations to ensure a comprehensive transition to ESG, applying actions based on climate, energy, environmental, industrial and social aspects.

According to Sustainalytics, DTEK's risk rating was 26.6 in 2021. It was evaluated as medium risk according to Sustainalytics methodology. It identifies five categories of ESG risk severity that could impact a company’s enterprise value (negligible -0-10; low – 10-20; medium -20-30; high – 30-40; severe – 40+).

Compared to last year, Sustainalytics improved DTEK's rating by 3.3 points, positively assessing progress in the areas of resource use, interaction with local communities, labor protection, and environmental impact.

Forecast of financial and operational indicators of DTEK Group based on the New Strategy until 2030

The goals of DTEK Group are defined across two time horizons.

As shown in the forecast below, by 2030 the share of renewable energy sources in DTEK’s electricity generation portfolio will increase to 33%, and specific carbon dioxide emissions will decrease by 37% gCO2-eq/kWh.

DTEK Group plans to achieve carbon neutrality by 2040.

 

Revenue evolution

DTEK's strategic goal is to achieve carbon neutrality by 2040. Picture 2

EBITDA evolution

DTEK's strategic goal is to achieve carbon neutrality by 2040. Picture 3

 Electricity output evolution

DTEK's strategic goal is to achieve carbon neutrality by 2040. Picture 4

 Net carbon emission reduction

DTEK's strategic goal is to achieve carbon neutrality by 2040. Picture 5

 

 

All news
All news
DTEK and Fluence battery storage
10 July 2025
DTEK and Fluence start commissioning phase of Ukraine’s largest battery storage ...
"Our energy powers life": DTEK updates its mission, vision, values and logo to mark the company’s 20th anniversary
08 July 2025
"Our energy powers life": DTEK updates its mission, vision, values and logo to ...
Read DTEK CEO Maxim Timchenko's all-staff message marking 20 years
06 July 2025
Read DTEK CEO Maxim Timchenko's all-staff message marking 20 years
DTEK: Two decades of transformation and investment in Ukraine’s energy security
06 July 2025
DTEK: Two decades of transformation and investment in Ukraine’s energy security
Stay Connected
Find press contacts, images, and information for the news media
E: pr@dtek.com
DTEK
About DTEK
Mission, vision, values New strategy 2030 History Contact us Privacy policy Cookie Policy #FightForLight Standing with Ukraine Our people Awards and Recognitions
Our businesses
DTEK ENERGY DTEK RENEWABLES DTEK OIL&GAS DTEK GRIDS DRI MODUS X Academy DTEK D. TRADING D. SOLUTIONS
Sustainability
Policies and public statements Our sustainability journey Investing in green Environment Standing with Ukraine Our people Governance
Investors
Governance Sustainability Reports
News and Insights
Media releases In the media Image library Video library
Careers
DTEK community Jobs
Sitemap
DTEK 20th Anniversary
Subscribe to DTEK
Stay up to date
DTEK
social media
DTEK CEO
on social media
2005-2025 DTEK
ALL RIGHTS RESERVED
Made by Frontmen, 2020
EN
UA
About DTEK
Mission, vision, values New strategy 2030 History Contact us Privacy policy #FightForLight Standing with Ukraine Our people Awards and Recognitions Cookie Policy
Our businesses
DTEK ENERGY DTEK RENEWABLES DTEK OIL&GAS DTEK GRIDS DRI MODUS X Academy DTEK D. TRADING D. SOLUTIONS
Sustainability
Our sustainability journey Investing in green Environment Standing with Ukraine Our people Governance Policies
Investors
Governance Sustainability Reports
News and Insights
Media releases DTEK and Fluence project In the media Image library Video library Contact us
Careers
DTEK community Jobs
I confirm the foregoing Do not confirm