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Since the company’s founding 20 years ago, DTEK has grown into a national energy leader. Today we are transforming into a pan-European clean energy business.
Our businesses generate electricity at wind, solar and thermal power plants, distribute and supply electricity to end consumers, extract natural gas and mine coal, trade energy resources on Ukrainian and foreign markets, and provide domestic and commercial energy services.
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The green transition is profoundly transforming the global energy landscape, and DTEK is embracing this revolution.
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There are four main trends in energy development: decarbonization, decentralization, digitalization, ESG principles
26 February 2020, Ukraine
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There are four main trends in energy development: decarbonization, decentralization, digitalization, ESG principles
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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.
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.
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