USUBC hosted in Washington a private working luncheon with Maxim Timchenko, CEO, DTEK, a long-time member of USUBC. A small group of experts discussed the prospectives for Ukrainian energy sector and summarized most visible achievements in US-Ukrainian cooperation in this field.

Mr. Timchenko shared a very informative presentation about DTEK priorities and energy strategy of Ukraine, spoke about challenges and plans for the nearest future, such as increase of coal production, import diversification and renewable energy development.

DTEK is Ukraine’s largest energy group with assets in coal mining, electricity generation and distribution, alternative energy and gas production. Their companies operate in 11 regions of Ukraine, employ over 75, 000 people. DTEK supplies electricity and heat to 3.3 million households and over 82,500 industrial companies.

Kirill Ermichine, Head of Department for International Public Affairs, DTEK; and Jock Mendoza-Wilson, Director, International and Investor Relations, System Capital Management (SCM) also participated in the meetings. SCM is also a member of USUBC. 

Left to right: Jock Mendoza-Wilson, System Capital Management; David Mohler, Former Deputy Assistant Secretary for Clean Coal and Carbon Management, U.S. Department of Energy; Keith Smith, Former U.S. Ambassador to Lithuania; Daniel Berkove, Senior Associate, Strategic Energy Initiatives, IHS Markit; Bruce Drossman, Senior Vice President, Energy & Financial Services, GE; Maxim Timchenko, CEO, DTEK; Morgan Williams, President, USUBC; Kirill Ermichine, Head of Department for International Public Affairs, DTEK; Craig McLane, Vice President, Finance, Xcoal Energy & Resources, LLC; Matthew Rice, Vice President, Marketing, Xcoal Energy & Resources, LLC; Ariel Cohen, President, Cohen & Associates; Senior Fellow, Atlantic Council

We appreciate the opportunity to meet with DTEK and SCM top leadership in Washington.