...lopment of these fields will significantly strengthen Ukraine's energy independence. "We believe in our country's victory and continue to invest in Ukraine despite the war, despite the enormous destruction of its infrastructure. Our task is to provide Ukraine with its own gas and become a gas exporter to Europe. To become a guarantor of the EU's energy security," says DTEK CEO Maxim Timchenko. T...
Read moreDespite the war and significant destruction of the company's energy facilities, DTEK is not giving up on its plans to achieve carbon neutrality by 2040 DTEK CEO Maxim Timchenko made the point during a speech at COP27 on "Business for decarb...
Read more...the level of the support. Especially now, when the whole world can see how we can fight, how strong Ukrainians are, how our nation can consolidate, how we restore power supply in one day after such a destruction. We do the impossible every day to show the world that we need your support for the future, not only ours», - said Maxim Timchenko.
Read more...ation will work for some time—we have no other way out. Most likely, we will simply be forced to put off our plans for a certain time. Everything depends on how long this war lasts, how much destruction it produces, what happens to the country’s economy, and how we are integrated into the European Union. There are a lot of variables. —DTEK suggested even at the onset of the war th...
Read more...rly aware of the importance of our infrastructure. They are destroying more and more missiles and drones aimed at it. But, of course, they can't hit everyone. Even if one or two get through, it means destruction. What should Ukraine's energy system look like in a future after such attacks, after the war? It's not about rebuilding it it's about designing it from scratch There is climate change, and th...
Read more... I know that our Ministry has been preparing, and so has Ukrenergo—everyone bought additional equipment, created stocks of spare parts, etc. But when it comes to such a significant amount of destruction, in fact, terrorism and the use of such a powerful weapon against peaceful critical infrastructure facilities... Of course, there is no shortage of spare parts, transformers, because the volume of de...
Read more...will restore the power supply of the Donetsk region. In the Kharkiv region, we are ready to help if there is a request for this. DTEK's losses, relations with creditors and Akhmetov's reaction to destructions How does a man, named Maxim Timchenko feel when the business that he was building for 20 years is now being destroyed? Destroyed both in the literal and figurative sense of the word. &ndas...
Read more...f shelling by the russian army. russia is destroying Ukraine's energy infrastructure in order to leave Europe dependent on russian energy sources. This is energy terrorism. It may result in a total destruction of the energy sector, leaving millions of people without heat and energy supply before and through the winter. DTEK makes an all-out effort to restore electricity supply. However, taking the scale o...
Read more... Energy facilities under massive miles attack On October 10, the whole world once again got a confirmation that the real goal of russia is the civilian population. After all, the destruction of energy and civil infrastructure has nothing to do with military goals - it was a pure act of terrorism against the Ukrainian people Dozens of rockets hit energy infrastructure facilities in 11 ...
Read more... Energy workers did their best to make sure that the work is completed within 45 days rather than 60 as announced earlier. In the Kyiv region, where the energy infrastructure suffered heavy destruction, it has taken us only 45 days to accomplish this massive network restoration of such a scale that the Ukrainian energy sector has never experienced throughout its history. Currently, t...
Read moreIn what conditions do energy companies in Ukraine have to work today? What is the level of destruction of energy infrastructure? What is the state of the capacity of renewable energy sources? How does DTEK manage to service its foreign trade obligations in wartime conditions? DTEK CEO Maxim Timchenko ...
Read more... territory of Donetsk region and have accumulated the necessary resources to swiftly provide any aid necessary for rebuilding the grids and energy infrastructure in the neighboring regions, where the destruction scale is considerable.
Read more...nd Board of Directors in E.DSO, Vice Chairperson of the Energy Community ECDSO-E Coordination Group, added: “In the Ukrainian energy sector, electricity distribution grids suffered the greatest destruction due to military actions. “At the same time, our distribution infrastructure is critical for the well-being of residential and commercial customers. We have developed a comprehensive network ...
Read more...ne can partially replace Russian fuel for the EU. The country has a significant surplus of generating capacity due to the decline in domestic consumption as a consequence of war damage and industrial destruction. The possibility of green electricity exports, which have been developing rapidly in the country over the past few years, has particular potential. However, the Russian invasion did not bypass the...
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