EN
UA
Home page News and Insights Company announcements

The Wall Street Journal: Ukraine can become one of the major suppliers of clean energy to the European countries – Maxim Timchenko

29 June 2022, Ukraine
Subscribe to our news linkedin
The Wall Street Journal: Ukraine can become one of the major suppliers of clean energy to the European countries – Maxim Timchenko
The Wall Street Journal: Ukraine can become one of the major suppliers of clean energy to the European countries – Maxim Timchenko
Subscribe to our news linkedin

DTEK CEO Maxim Timchenko gave an interview on The Wall Street Journal and said that once the statcoms or batteries are in place, exports can rise slowly to 1.6 gigawatts a day, up from current deliveries of about 350 megawatts a day to Poland and Moldova, and that they could rise further if more power lines to Europe are restored. 

“Ukraine can become one of the major suppliers of clean energy to the European countries,” 

– said Maxim Timchenko.

Read more here – The Wall Street Journal.

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.