DTEK (укр. ДТЕК) is a strategic holding company that develops business streams in the energy sector. DTEK companies produce coal and natural gas, generate electricity at the thermal power plants and renewable energy power plants, supply heating and electricity to end consumers, and provide energy services.
|Maksym Tymchenko (CEO)|
|37.14 TWh (2017)|
Number of employees
The company is owned by SCM Holdings, a holding company of a Ukrainian businessman Rinat Akhmetov. It was established in 2005 and is a conglomerate of various companies from coal mining to power generation. The CEO of the company is Maksym Tymchenko.
DTEK was established in 2005 to manage SCM Group's energy assets. It included Pavlogradugol, Komsomolets Donbasu coal mine, Vostokenergo and Service-Invest companies. In 2006, PEM-Energougol, Pavlogradska and Kurakhovska mine were included. Next year, the Dobropilska coal mine, Oktyabrskaya and Mospin were included. Also, in 2007, a large-scale program of modernization of all Vostokenergo units was launched, and rating agencies Moody's and Fitch assigned international credit ratings to the companies for the first time.
In November 2011, DTEK won the concession tender for state-owned anthracite-mining companies Rovenkianthracite and Sverdlovanthracite in Luhansk Oblast. These companies mine about 17% of Ukraine's coal and in total and 24% of anthracite.
In December 2012, DTEK's subsidiary DTEK Oil and Gas signed a memorandum of understanding with Australian synthetic fuel company Linc Energy to evaluate potential of the underground coal gasification on the DTEK's coal resources.
In 2012, the turbines of the first phase of the Botievskaya wind farm were launched, which became the first investment project in renewable energy. WPP reached its design capacity in 2014, becoming the largest wind farm in Ukraine.
In July 2014 several mines were suspended by the company because of fighting during the War in Donbass.
In 2019, DTEK builds largest solar power plant in Europe with 246 MW capacity. Solar-Farm 1 LLC launched the largest solar power plant in Ukraine with a capacity of 246 MW in Nikopol district of Dnipro region.
DTEK Energy (укр. ДТЕК Енерго) is a DTEK operating company responsible for coal production, electricity generation and distribution. [https://energo.dtek.com/en/]. The assets of DTEK Energy are represented by 17 mines and 5 coalprocessing plants, thermal power plants of DTEK Skhidenergo, DTEK Dniproenergo, DTEK Zakhidenergo, Kyivenergo and Mironovskaya TPP, an affiliate of DTEK Donetskoblenergo. The total installed capacity – 17 GW. Also includes 5 distribution companies serving 3.4 million customers.
By early 2013 75% of Ukraine's power generation capacities was controlled by DTEK. In 2012, DTEK controlled 54% of thermal generation capacities, and generates about 28% of Ukraines total energy output. DTEK owns DTEK Skhidenergo producing company and DTEK Vysokovoltni merezhi (Power Grid) transmission company, and has majority stakes in DTEK Dniproenergo (72.9%), Kyivenergo (72.4%), DTEK Zakhidenergo (70.9%), DTEK Dniprooblenergo (51.5%), DTEK Donetskoblenergo (71.34%), DTEK Krymenergo (57.49%) power generation and distribution companies. All of the produced electricity is supplied to the Wholesale Electricity Market of Ukraine, a state-owned company. In addition to electricity sale in Ukraine, DTEK exports electricity to Slovakia, Romania, Hungary, Poland, and Belarus.
DTEK Renewables (укр. ДТЕК ВДЕ) is the operation company managing DTEK’s assets in the renewable energy sector.
DTEK RES is the largest producer of electric energy from wind in Ukraine. In 2016 the ‘green’ energy supply has reached 608.4 mil kWh. Installed capacity of Botiyevska wind power plant is 200 MW. Company has launched Tryfonivka solar power plant with a capacity of 10 MW in Kherson region in August 2017.
DTEK Oil&Gas (укр. ДТЕК Нафтогаз) is an operating company in charge of the oil and gas sector in the structure of DTEK energy holding. DTEK Naftogaz's assets portfolio includes Naftogazvydobuvannia and Naftogazrozrobka, which carry out exploration and production of hydrocarbons in three licensed areas in Poltava and Kharkiv regions.
- "Integrated Financial and non-financial results report 2017" (PDF). dtek.com. DTEK. Retrieved 21 April 2019.
- "Member Profile". www.chamber.ua. Retrieved 2018-04-18.
- DTEK supports further liberalization of electricity exports, Interfax-Ukraine (25 October 2013)
- "DTEK pleased with competition in tender to buy Kyivenergo, ready to win the fight, says company head". Interfax Ukraina. 2011-11-22. Archived from the original on 2012-06-06. Retrieved 2011-12-04.
- "ДТЕК майже в 1,5 рази збільшив експорт електроенергії" [DTEK increased electricity exports by almost 1.5 times]. biz.nv.ua (in Ukrainian). Retrieved 2019-07-31.
- "Історія компанії ДТЕК | Найбільший енергетичний холдинг України". dtek.com (in Ukrainian). Retrieved 2019-07-31.
- "Історія компанії ДТЕК | Найбільший енергетичний холдинг України". dtek.com. Retrieved 2019-07-31.
- "Про компанію". renewables.dtek.com. Retrieved 2019-07-31.
- ""Вінд Пауер" (ДТЕК) інвестує в розвиток інфраструктури Запорізької області 6,4 млн. грн. | Спільнота СВБ". www.svb.ua. Retrieved 2019-07-31.
- "DTEK wins tenders for concession of Rovenkianthracite, Sverdlovanthracite, says ministry". Interfax Ukraina. 2011-11-24. Archived from the original on 2012-06-06. Retrieved 2011-12-04.
- "DTEK wins concession tender for Rovenki and Sverdlovanthracite". Steel Guru. 2011-11-28. Retrieved 2011-12-04.
- Choursina, Kateryna (2012-01-11). "Ukraine Sells Energy Distributor Donetskoblenergo to DTEK". Bloomberg. Retrieved 2012-01-25.
- Krasnolutska, Daryna (2012-01-10). "Ukraine Sells Zakhidenergo to Akhmetov's DTEK, State Fund Says". Bloomberg. Retrieved 2012-01-25.
- "Linc Energy and DTEK Oil Gas Sign UCG Agreement". Morningstar Australasia. 7 December 2012. Retrieved 31 January 2012.
- "Ботієвська ВЕС повністю введена в експлуатацію - Новини | УВЕА". uwea.com.ua. Retrieved 2019-07-31.
- Four miners killed, 16 injured after artillery shell hits bus in Chervonopartyzansk - DTEK, Interfax-Ukraine (11 July 2014)
- ""ДТЕК ВІЕ" ввела в експлуатацію Трифонівську СЕС у Херсонській області". ukranews_com (in Ukrainian). 2017-08-02. Retrieved 2019-07-31.
- "ДТЭК запустил сеть скоростных зарядок для электромобилей Strum" [DTEK Launches Strum Electric Charging Network]. interfax.com.ua. Retrieved 2019-07-31.
- "DTEK builds largest solar power plant in Europe with 246 MW capacity". inventure.com.ua. Retrieved 2019-07-31.
- "About us". energo.dtek.com.
- Lavrov, Vlad (2012-01-26). "Akhmetov's shopping spree". Kyiv Post. Retrieved 2012-01-30.
- Korduban, Pavel (2012-01-18). "Rinat Akhmetov's DTEK Acquires Ukrainian Energy Assets". Eurasia Daily Monitor. 9 (12). The Jamestown Foundation. Retrieved 2012-01-30.
- "DTEK acquires 45% state stake in Krymenergo for $32 million". Kyiv Post. 2012-05-04. Retrieved 2014-03-18.
- Choursina, Kateryna (2012-05-04). "Ukraine DTEK Buys 45% Stake in Electricity Producer Krymenergo". Bloomberg. Retrieved 2014-03-18.
- Krasnolutska, Daryna (2010-12-20). "DTEK Won Auction to Export Electricity to EU, Belarus in 2011". Bloomberg Businessweek. Bloomberg. Retrieved 2011-12-04.
- "Botiyevska wind power station RAISES ELECTRICITY GENERATION BY 4% IN 2017". Ukraine open for business. 2018-02-02.
- "DTEK launches first solar power plant - Aug. 02, 2017". KyivPost. 2017-08-02.
- "DTEK Oil & Gas boosts gas production by 1.2% in 2017". Interfax-Ukraine.