DTEK has started issuing carbon credits

DTEK Renewables has started issuing carbon credits that businesses can purchase to reduce their own carbon footprint when manufacturing products. This was announced in the company's press center, according to ExPro Electricity Weekly.

“We recently issued the first guarantees of origin that Ukrainian businesses can purchase. Now, by issuing carbon credits, we are entering the international level and calling on foreign businesses to support the restoration of Ukraine's energy sector. After all, the funds from the sale of carbon credits go directly to the development of renewable energy capacities,” said DTEK Renewables CEO Oleksandr Selyshchev.

One of the company's enterprises has received certification for the issuance of carbon credits from the International Carbon Registry (Iceland).

According to the registry's methodology, 1 carbon credit in Ukraine corresponds to a reduction in emissions by 1 ton of CO2 due to the production of 1.56 MWh of energy from renewable sources.

Thus, the “clean” electricity generated by the company during 2019-2023 avoided 880 thousand tons of CO2 emissions. Carbon credits can be used by international companies to obtain the right to emit greenhouse gases or to compensate for previous emissions as a result of their activities. This tool is used to comply with environmental requirements and achieve sustainable development goals, in particular carbon neutrality.

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Detailed analytics of the electricity market in Ukraine, including trading results, imports and exports, overview of regulatory initiatives, etc., are published in specialized periodicals ExPro Electricity Daily, ExPro Electricity Weekly and ExPro Electricity Monthly.

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