Coalshortage

Thursday, February 11

With the EU planning to invest €1 trillion to achieve carbon neutrality by 2050

With the EU planning to invest €1 trillion to achieve carbon neutrality by 2050 With the EU planning to invest €1 trillion to achieve carbon neutrality by 2050, a ‘carbon curtain’ of protective tariffs may grow up to protect the EU’s ‘clean’ products from competing products made ...

“Carbon leakage” means ‘dirty’ industries relocating out of the EU to avoid carbon restrictions.

“Carbon leakage” means ‘dirty’ industries relocating out of the EU to avoid carbon restrictions. “Carbon leakage” means ‘dirty’ industries relocating out of the EU to avoid carbon restrictions. Carbon border tariffs also are expected to supersede Ukraine’s Association Agreement with the EU. Under...

Climate policy is “the biggest economic priority this year,”

Climate policy is “the biggest economic priority this year,” Climate policy is “the biggest economic priority this year,” Taras Kachka, Ukraine’s Trade representative, wrote yesterday from Brussels on Facebook. “The success of our cooperation with the EU for de...

“Shmyhal, German representatives of energy sector discuss European Green Deal,” Ukrinform, the state-owned news agency

“Shmyhal, German representatives of energy sector discuss European Green Deal,” Ukrinform, the state-owned news agency “Shmyhal, German representatives of energy sector discuss European Green Deal,” Ukrinform, the state-owned news agency, headlined a story Friday about a video conference with officials of Germany’s Fe...

With cold weather expected through the end of February, coal supplies are at dangerously low levels.

With cold weather expected through the end of February, coal supplies are at dangerously low levels. With cold weather expected through the end of February, coal supplies are at dangerously low levels. DTEK Energy, responsible for 90% of Ukraine’s steam coal production, cut its coal production last y...

Concorde Capital’s Alexander Paraschiy wrote that the combination of prolonged cold weather and coal production cuts “has resulted in a risky situation in Ukraine’s energy sector.”

Concorde Capital’s Alexander Paraschiy wrote that the combination of prolonged cold weather and coal production cuts “has resulted in a risky situation in Ukraine’s energy sector.” Concorde Capital’s Alexander Paraschiy wrote that the combination of prolonged cold weather and coal production cuts “has resulted in a risky situation in Ukraine’s energy sector.” He warns that yeste...

DTEK is tripling its coal imports this month to 450,000 tons

DTEK is tripling its coal imports this month to 450,000 tons DTEK is tripling its coal imports this month to 450,000 tons, Maxim Timchenko, CEO of DTEK, Ukraine’s largest private power producer, told reporters yesterday. In addition to importing about 150,000 t...

Yesterday morning, 11 DTEK plants were temporarily closed for emergency repairs

Yesterday morning, 11 DTEK plants were temporarily closed for emergency repairs Yesterday morning, 11 DTEK plants were temporarily closed for emergency repairs, reports Ukrenergo, the state electricity distribution company. During the first week of February, sub-freezing temperat...

“Financial genocide of power generating companies” threatens Ukraine with electricity brownouts as early as this month and blackouts next year

“Financial genocide of power generating companies” threatens Ukraine with electricity brownouts as early as this month and blackouts next year “Financial genocide of power generating companies” threatens Ukraine with electricity brownouts as early as this month and blackouts next year, Timchenko said at a press conference. In the last 18 mon...

Without financial relief, he warned, Ukraine will suffer electricity shortages

Without financial relief, he warned, Ukraine will suffer electricity shortages Without financial relief, he warned, Ukraine will suffer electricity shortages and may miss a 2023 deadline to join Europe’s power distribution system. “Ukraine’s integration into the European e...

To get its own house in order, DTEK Energy plans to swap its $1.67 billion debt for new Eurobonds by May

To get its own house in order, DTEK Energy plans to swap its $1.67 billion debt for new Eurobonds by May To get its own house in order, DTEK Energy plans to swap its $1.67 billion debt for new Eurobonds by May, Timchenko said of the company’s bond and bank debt restructuring. “It will be a public instrum...

DTEK, Ukraine’s largest investor in renewables

DTEK, Ukraine’s largest investor in renewables DTEK, Ukraine’s largest investor in renewables, plans to launch this year a pilot project for the production of “green” hydrogen and to build 1 MW energy storage capacity at its Zaporizhia...

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