Partners support DTEK's energy sustainability projects, understand their importance for collective energy security - CEO
European energy leaders support DTEK's efforts in implementing its large-scale projects to ensure Ukraine's energy sustainability in the face of the full-scale Russian invasion and understand their great positive significance for the European energy sector, said CEO of the energy holding Maksym Timchenko.
"The energy leaders I met in Munich embrace this spirit of self-sufficiency and decisive action, and we are working with them and American partners to accelerate our collective energy security. This is a defining project of the era, to which I invite the entire sector," he wrote on the X social network after the Munich Security Conference (MSC).
Timchenko noted that during the war, DTEK learned to better protect energy infrastructure and recover more quickly after each attack by the Russian Federation, and together with its partners, it moved into projects that will ensure Ukraine's energy stability for the long term. Among such projects, he named the construction of 500 MW Tylihulska wind farm in Mykolaiv region together with the Danish company Vestas, as well as energy storage systems with a total capacity of 200 MW with the American-German manufacturer Fluence. In addition, he pointed to DTEK's import of American liquefied natural gas from the United States "to help Europe replace Russian gas." Timchenko also noted that DTEK is developing "an ambitious portfolio of wind, battery and grid assets."
He called MSC one of the most significant in recent decades.
"In conversations with industry colleagues and politicians, I felt clarity and determination to strengthen our energy security. Europe understands the urgency of the moment... and is responding," the DTEK CEO wrote.
He thanked, in particular, Siemens Energy CEO Christian Bruch, Foreign Policy publisher and CEO Andrew Solinger, European Commissioner for Energy in 2019-2024 Kadri Simson, Vice President of the European energy industry association Eurelectric and Fortum CEO Markus Rauramo for their participation in the consideration of this important issue.
Kadri Simson, for her part, noted on the X network that at the conference she had "a great opportunity to attend event where Eurelectric presented report on Redefining Energy Security," as well as to hear "how Ukraine’s largest private utility DTEK is managed at time of war".