Business news from Ukraine

Business news from Ukraine

DTEK to build 20 MW energy storage facility in Bohuslav

At the end of September, Bohuslav City Council authorized DTEK Kyiv Regional Grids to lease a 0.5 hectare plot of land for the construction of a 20 MW energy storage facility.

According to a post on the website of the Bohuslav city community, the purpose of the construction is to enable automatic frequency regulation in the integrated power system of Ukraine to avoid the introduction of emergency outage schedules for consumers.

The construction of the storage system will help reduce fluctuations and emergency outages and the likelihood of system accidents.

“We ask citizens who were engaged in gardening in this area to vacate the land plots after harvesting,” the statement said.

As reported, DTEK will build energy storage facilities in Ukraine with a total capacity of 200 MW, and investments in the project will amount to EUR140 million. The batteries will be commissioned in a number of regions of the country no later than September 2025.

“DTEK is also a participant in the construction of the first large-scale electricity storage project in Poland. The goal is to create a pan-European energy system designed to unite Ukraine and the EU.

“DTEK was established in 2005 to manage the energy assets of Rinat Akhmetov’s System Capital Management (SCM, Donetsk). The corporation has been delegated the functions of strategic management of the group’s enterprises, which make up a vertically integrated chain of coal mining and enrichment, electricity generation and sales.

The energy holding strives to transform into a more efficient, environmentally friendly and technologically advanced business, guided by ESG principles. The group plans to achieve carbon neutrality by 2040.

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