Business news from Ukraine

DTEK ENTERS RETAIL GAS MARKET

The supplier of electricity and energy saving solutions YASNO (DTEK) will also sell natural gas.
According to the company, it has already received a package of licenses for the supply of natural gas and is negotiating the conclusion of the first gas contracts with legal clients.
YASNO is also preparing to supply natural gas to households.
“We understand how convenient and profitable it is for clients to have a single supplier that simultaneously provides electricity, gas, and also helps to save money thanks to energy saving solutions and products. This is a modern European practice that YASNO will implement in Ukraine in combination with a high level of service,” Business Development Director of YASNO Oleksandr Onyshchenko said.

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DTEK TO BECOME MEMBER OF HYDROGEN EUROPE ASSOCIATION

DTEK has become the first company in Ukraine to join the Hydrogen Europe Association, which unites leaders in the field of hydrogen technology in Europe, the energy holding’s press service said on July 11.
According to Chief Innovation Officer at DTEK Emanuele Volpe, this membership will enable the company to build a network of direct contacts with international partners interested in developing the hydrogen economy both in Ukraine and around the world.
“European and local energy systems are transforming. Renewable energy sources place a heavy burden on the existing network, as carbon energy ceases to be sustainable ecologically and economically. The use of hydrogen technologies opens up opportunities for both the decarbonization of the main sectors of the economy, and the development of a new sector of the economy which will create additional job places,” he said.
In 2020, DTEK established a project team to study the possibilities of using hydrogen in the Ukrainian economy. The team is currently conducting an in-depth feasibility study on the use of hydrogen in the fields of transport, energy and industry, the Chief Innovation Officer said.
“In the next couple of years DTEK plans to organize a pilot project using hydrogen to further develop the technology in the company and Ukraine as a whole,” Volpe said.

DTEK OIL&GAS REACHES RECORD DAILY GAS PRODUCTION

DTEK Oil & Gas LLC, which is responsible for the oil and gas business in the structure of DTEK energy holding, in May 2020 reached a record daily level of natural gas production both for the company and private companies in the amount of 5 million cubic meters (mcm), the company said in a press release.
“In May, DTEK Oil&Gas reached the daily natural gas production level of 5 million cubic meters. This figure was achieved for the first time in the history of the company and the entire private gas production of Ukraine,” the report said.
The daily maximum update was achieved through the implementation of infrastructure projects, a deep drilling program with the commissioning of new high-yield wells at Semirenkivske and Machukhske fields, as well as through measures to stimulate wells in the existing fund, the press release said.
“Despite the unstable economic situation in the country and the difficult conditions in the gas production sector due to record low gas prices, we are working hard to implement a strategy to increase natural gas production,” DTEK Oil & Gas CEO Ihor Schurov said.
As reported, in 2019 the company increased natural gas production by 0.66%, to 1.66 billion cubic meters.
DTEK Oil & Gas is an operating company responsible for the oil and gas sector in the structure of DTEK Group.

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DTEK PLANS TO CONSTRUCT ENERGY STORAGE SYSTEM AT ZAPORIZHIA THERMAL POWER PLANT

DTEK energy holding intends to implement a pilot project to construct the Energy Storage system at Zaporizhia thermal power plant (TPP) by the end of 2020, DTEK CEO Maksym Tymchenko has said.
“Now, we have actually started the pilot project on energy storage at Zaporizhia TPP. Even despite of the current crisis, we believe that this is a very important direction. I hope that this project will be implemented by the end of the year and we will develop energy storage technologies,” he said during an online briefing on Wednesday.
Tymchenko said that containerized solutions for gas power generation based on DTEK’s TPPs are also being considered, which will be able to meet the needs of balancing.

DTEK OIL & GAS WANTS TO DRILL FIVE NEW DEEP WELLS IN 2020

DTEK Oil & Gas, responsible for the oil and gas division of DTEK Group, plans to drill five deep wells in 2020 and reach gas production of 2 billion cubic meters (bcm) by 2021, the company’s press service has reported.
“In 2020, we plan to build five new wells and in the near future to develop depths of more than 7 km,” the press service said, citing Extraction and Processing Director Oleksiy Raptanov as saying.
Last year, DTEK Oil & Gas reduced the construction time for wells with a depth of more than 5,500 0 meters to three and a half months, contracted the SK-3000 drilling rig, which allows drilling to a depth of 10 km, and also launched a new drilling program at the Machukhske field.
In addition, the company announced the creation of a technology center for systematic search, adaptation and implementation of modern technologies in its structure, the formation of an expert council with the involvement of international experts to increase the efficiency of production and business processes.
“All this will help DTEK Oil & Gas to reach a renewed momentum and increase production to 2 billion cubic meters by 2021,” Raptanov said.

DTEK KYIV GRIDS TO INVEST IN KYIV’S ENERGY INFRASTRUCTURE UAH 8.8 BLN IN 2020-2024

DTEK Kyiv Grids provides for the volume of investments in the development of power grids in Kyiv at the level of UAH 8.8 billion in the plan for the development of the Kyiv energy infrastructure in 2020-2024, which is almost five times more than investments made in this direction over the previous five years. “According to the company’s forecasts, electricity consumption in Kyiv will grow by approximately 9% by 2024. In order to meet the growing needs of domestic customers and businesses and increase the reliability of the capital’s energy supply, we plan to invest UAH 8.8 billion in the development of energy infrastructure in Kyiv over five years,” Director General of DTEK Kyiv Grids Maris Kunickis said when presenting the development plan for the energy infrastructure of Kyiv for 2020-2024.
According to the data announced at the presentation, UAH 1.8 billion was invested in the development of the capital’s infrastructure in 2015-2019.
The plan of the development of energy infrastructure in Kyiv, in particular, provides for the construction by the end of 2024 of four new large substations of 110-10 kV: Odeska, Lukyanivska, Brest-Litovska, Kabelna Nova, as well as the construction of 51 kilometers of 110-35 kV power grids and the reconstruction of 1,753 kilometers of networks and 231 energy facilities.
“Now we are actively working on the launch of the new SCADA software dispatch system. By analyzing the information, it will not only be able to help manage the network, but will also predict possible emergencies and suggest solutions. This will significantly improve the quality of energy supply,” the expert said.

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