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If the EU unilaterally tightens up climate and energy policy targets, significantly strengthened protection measures for Industry are needed, because their pressure to shift is growing due to increasing energy and climate costs. Expanding the ETS as guidance instrument for investment in the location and the climate protection is necessary.

DTEK welcomes the unequivocal commitment by the leadership of the EU and Ukraine to strengthen the political association and economic integration of Ukraine with the European Union as defined in the Joint statement following the EU-Ukraine Summit on 6th October, 2020. Being the leader in the energy sector in Ukraine, DTEK reconfirms its ambition and continuing efforts to deliver real positive changes on the ground.

DTEK welcomes this opportunity to comment on the proposal of the revised EU ETS Directive. We would like to reiterate our statement from the previous comments under these consultations that DTEK supports Ukraine’s commitment to implement an Emission Trading System based on the EU ETS Directive.

Being a leading Ukrainian energy utility company, DTEK is unequivocally committed to achieve carbon neutrality by 2040 and strongly advocates decreasing the dependence on fossil fuels within the shortest possible period of time. We would also appeal to European and global energy companies to stop any dealings with the russian energy sector that channels money into support the outrageous war against Ukraine.

The Austrian Federal Economic Chamber (WKÖ) recognizes a secure and stable energy supply as an essential prerequisite of a thriving economy. National gas storage facilities herby play an essential role. However, affordability and the fair sharing of (financial) burdens have to be equally considered. In this context we would like to comment on the proposed regulation.