mln tonnes,
coal produced in 2020
mln tonnes,
steam coal industrial reserves
DTEK Energy’s strategic goal is to maximise electricity generation under the competitive market conditions:
While remaining an important part of the Ukrainian energy sector, thermal power will experience a decline of its role in the power generation mix by 2030. Nevertheless, it will continue to secure the stability and reliability of our energy system.
DTEK Energy's key advantage will be its power plants' flexibility, which will enable a change of the role of thermal power generation in Ukraine's United Energy System, as it is deployed as a balancing mode.
Accordingly, DTEK Energy aims to convert its TPPs into energy hubs with power unit, flexible capacities, and energy storage systems. These plants will provide a wide range of services: from RES balancing to bolstering seasonal reserves in order to meeting peak seasonal electricity demand.
In 2020, DTEK, in collaboration with Honeywell, officially launched Ukraine's first grid scale energy storage system with a capacity of 1 MW/2.25 MWh. With this pilot project, DTEK intends to boost the use of energy storage systems in various segments of the country's energy market and contribute to the decarbonisation of Eastern Europe in support of the EU Green Deal.
CORPORATE FAMILY RATING - СA
OUTLOOK - NEGATIVE
DEBT INSTRUMENTS RATING - CA-PD/LD
DATE - 06.05.2022
CORPORATE FAMILY RATING - СС
OUTLOOK - N/A
DEBT INSTRUMENTS RATING - C WITH A RECOVERY RATING OF RR5
DATE - 21.04.2022