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Ukraine state grid operator appoints CEO after 10-month vacancy, Ukrainian media report

Ukraine state grid operator appoints CEO after 10-month vacancy, Ukrainian media report

Ukrainian state grid operator Ukrenergo's supervisory board has appointed Vitaliy Zaichenko, the company's current chief dispatcher, as its new head, Ukrainian media reported on June 23.

The appointment comes after ten months of interim leadership following the controversial dismissal of former CEO Volodymyr Kudrytskyi in September 2024.

The company has been under temporary management of Oleksiy Brekht while the supervisory board struggled with prolonged disputes over the selection process.

Ukrenergo, which operates Ukraine's electricity transmission system and is a member of the European electricity grid network (ENTSO-E), plays a critical role in the country's energy security, especially during wartime when Russian attacks have repeatedly targeted energy infrastructure.

Zaichenko beat out two other finalists: Oleksiy Brekht, the interim head of Ukrenergo, and Ivan Yuryk, former acting head of Ukrainian Railways.

The supervisory board's June 4 attempt to elect a new CEO failed amid conflict with the Energy Ministry, which changed appointment rules without consulting the Energy Community Secretariat, drawing criticism from European partners.

The new rules complicated the selection process by requiring five out of seven supervisory board votes instead of the previous four needed to elect a chairman.

According to Ukrainian MP Max Khlapuk, the European Bank for Reconstruction and Development (EBRD) threatened to block 141 million euros ($152 million) in funding and demand early repayment of 533 million euros ($574 million) already received over the rule changes.

Former Ukrenergo CEO Volodymyr Kudrytskyi was dismissed on Sept.2, 2024, after President Volodymyr Zelensky called for his resignation over alleged failures to protect substations from Russian missiles and drones.

Kudrytskyi disputed this account, saying he initiated the supervisory board meeting himself, though he did not reveal the reasons for his dismissal.

Following Kudrytskyi's dismissal, supervisory board chairman Daniel Dobbeni and member Peder Andersen resigned early, citing political pressure in personnel decisions.

Ukrainian energy giant to build $115 million solar program with British partner
Ukraine’s largest private energy company DTEK and British clean energy group Octopus Energy have launched a program to install rooftop solar panels and battery storage systems at Ukrainian businesses and public institutions, DTEK announced in a press release on June 23.
Ukraine state grid operator appoints CEO after 10-month vacancy, Ukrainian media reportThe Kyiv IndependentYana Prots
Ukraine state grid operator appoints CEO after 10-month vacancy, Ukrainian media report

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Ukrainian energy giant to build $115 million solar program with British partner

Ukrainian energy giant to build $115 million solar program with British partner

Ukraine's largest private energy company DTEK and British clean energy group Octopus Energy have launched a program to install rooftop solar panels and battery storage systems at Ukrainian businesses and public institutions, DTEK said in a press release on June 23.

The program, called RISE (Resilient Independent Solar Energy), was announced at Octopus Energy's Tech Summit in London and aims to raise 100 million euros ($115 million) to finance 100 energy projects over three years, helping stabilize the grid, lower electricity costs and protect customers from outages, the company said.

DTEK’s facilities have been repeatedly targeted since the start of Russia’s full-scale invasion as Moscow sought to cripple Ukraine's energy infrastructure. The company was forced to shut down its gas production facilities in Poltava Oblast in March.

"About 70% of Ukraine's thermal generation capacity has been damaged, destroyed or seized since the full-scale invasion," said DTEK CEO Maksym Timchenko in the press release.

“This has created not only an urgent need to rebuild but also an opportunity to accelerate the shift to a decentralized, renewable energy system,” he added.

The alternative energy systems will be installed by D.Solutions, DTEK's business unit operating under the Yasno retail brand.

Installed equipment will run on Octopus Energy's AI-powered Kraken operating system, enabling businesses to optimize energy use in real time, reduce consumption during peak hours and sell surplus electricity back to the grid.

"They (DTEK) are rebuilding at pace and pioneering a decentralized, smart energy system powered by homegrown renewables," said Greg Jackson, Octopus Energy Group founder and CEO.

According to DTEK, Ukraine's commercial and industrial energy market has an untapped potential of 300 megawatts annually, valued at 200 million euros ($229 million). DTEK's Yasno brand serves over 60,000 business customers and can generate projects worth 30 million euros per year.

DTEK previously announced plans to build one of Europe's largest energy storage facilities with six installations across the country, totaling 200 megawatts to power 600,000 households. The company secured a $72 million loan from three Ukrainian banks.

Russia pulls its scientists out of Iranian nuclear plant, as Israeli strikes threaten decades of collaboration
Israel’s strikes on Iranian nuclear facilities have alarmed none more than Russia, the country that first brought nuclear power to Iran in defiance of Western objections. We’re “millimeters from catastrophe,” said Kremlin spokeswoman Maria Zakharova on June 18 in response to a bombing campaign that Israel launched against Iran on June 13. Decades of conflict with the West have united Iran and Russia, despite a cultural gulf between the two nations that dwarfs the Caspian Sea that physically di
Ukrainian energy giant to build $115 million solar program with British partnerThe Kyiv IndependentKollen Post
Ukrainian energy giant to build $115 million solar program with British partner
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Israel strike reportedly hits Iran’s gas sector, halting production at world’s largest field

Israel strike reportedly hits Iran’s gas sector, halting production at world’s largest field

Iran has partially suspended production at the South Pars gas field — the world’s largest — after an Israeli airstrike triggered a fire at the site, the semi-official Tasnim news agency reported on June 14, according to Reuters. If confirmed, it would mark the first Israeli strike targeting Iran’s vital oil and gas infrastructure.

The South Pars field, located offshore in southern Bushehr province, is responsible for the bulk of Iran’s gas output. Tehran shares the field with Qatar, which refers to its portion as the North Field. A strike on South Pars represents a significant escalation, coming after oil prices surged 9% on June 13 following Israel’s initial wave of attacks, which had not targeted energy infrastructure, Reuters reports.

Israel launched its air offensive against Iran on June 13, killing commanders and scientists and bombing nuclear sites, in what it described as an effort to prevent Tehran from developing nuclear weapons.

The Iranian oil ministry said the fire caused by the strike has been extinguished. According to Tasnim, the fire broke out in one of four units of Phase 14 at South Pars, halting the production of 12 million cubic meters of gas.

Iran, the world’s third-largest gas producer after the United States and Russia, produces around 275 billion cubic meters of gas per year, about 6.5% of global output.

Due to international sanctions, the country consumes most of this domestically. Qatar, which operates the majority of the shared field with support from global firms such as Exxon and Shell, produces 77 million tonnes of liquefied natural gas annually, supplying both European and Asian markets.

Israel-Iran war could provide economic boost Russia needs to continue fight against Ukraine
Israel’s “preemptive” strikes against Iran targeting the country’s nuclear program and killing top military officials could have far-reaching implications for Ukraine and could boost Russia’s ability to continue its full-scale invasion, experts have told the Kyiv Independent. Iran has been one of Russia’s staunchest allies throughout the war, providing thousands
Israel strike reportedly hits Iran’s gas sector, halting production at world’s largest fieldThe Kyiv IndependentChris York
Israel strike reportedly hits Iran’s gas sector, halting production at world’s largest field
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