D.TRADING
Subsidiary of the energy holding company DTEK
From Wikipedia, the free encyclopedia
D.TRADING is a Ukrainian commodity trading company and a subsidiary of the DTEK energy holding (SCM Group).[1][2][3] The company specializes in trading electricity, natural gas, coal, petroleum products, and agricultural commodities. D.TRADING manages a European energy portfolio and operates in global markets through four strategic hubs located in Ukraine, Switzerland, Croatia, and the Netherlands.
As of 2024, the company actively operates across 24 countries and holds access to 22 European energy exchanges.[4] The total trading volume in the company’s portfolio reached 15.3 TWh.[5][6][7][8][9]
History
2019–2022: Establishment
D.TRADING Group was established in late 2018 with the founding of a holding company in the Netherlands.[10][11][12] Operations in Ukraine were launched in early 2019,[13] coinciding with the implementation of the new electricity market model under the Law of Ukraine "On the Electricity Market".[14]
In July 2019, the company began importing electricity from Europe to Ukraine.[15] Between 2020 and 2021, D.TRADING initiated its international expansion by opening offices in Switzerland and Croatia,[16][17] subsequently entering the markets of Poland, Slovakia, and Hungary.
2022–Present
Following the 2022 Russian invasion of Ukraine, the company accelerated its growth in European markets. In 2022, D.TRADING began importing natural gas from Europe to Ukraine for storage under the "customs warehouse" regime. In October 2022, it launched renewable electricity trading operations in Ukraine.[18]
In June 2024, D.TRADING and the U.S.-based company Venture Global LNG signed an agreement for the supply of American liquefied natural gas (LNG) to Ukraine and Eastern Europe.[19][20] Additionally, in late 2023,[21][22] the company entered the agribusiness sector, establishing a grain trading division.[23][24][25][26][27][28]
Operations
Power & New Energy
D.TRADING acts as a trader and aggregator in the electricity market. In 2024, its electricity trading volume reached 8.3 TWh.[29][30][31]
- Renewables (RES): The company manages a renewable energy portfolio exceeding 600 MW of installed capacity, including 189 MW of wind and 260 MW of solar generation.
- Battery Storage: D.TRADING provides battery storage optimization services to enhance grid stability and manage energy imbalances.
- PPA Projects: In Croatia, the company secured multiple Power Purchase Agreements (PPAs), including a 5-year Virtual Power Purchase Agreement (vPPA) for a windfarm with the beginning of commercial operations in 2025.
Natural Gas & LNG
The company handles the import, export, and storage of natural gas. Gas trading volume reached 7.0 TWh in 2024.
- Natural Gas: Operations focus on cross-border flows and utilizing European underground storage facilities to ensure supply security.
- LNG: A dedicated LNG division manages complex logistics, including Trans-Balkan corridor, transporting gas from the US to Ukraine. The fist import of the US LNG was administrated in December 2024 via Greek terminal Revithoussa. The second - in November 2025, via Lithuania's Klaipėda terminal.
- Biogas & Biomethane: The company is developing biogas supply solutions to support industrial clients in their decarbonization efforts.
Fuels & Commodities
D.TRADING supplies solid and liquid fuels across Ukraine and the Central and Eastern European region.
- Petroleum Products: The company supplies diesel (ULSD 10 ppm) and gasoline (RON95), with monthly deliveries to the Ukrainian market averaging 60,000 tons.
- Coal: The annual trading volume of thermal and metallurgical coal is approximately 3 million tons.
Agriculture
Since late 2023, an agricultural division based in Odessa has managed the export of grain and other agricultural products from Ukraine to global markets.[32][33]
Technology and Innovation
D.TRADING utilizes data analytics and advanced tools to optimize trading decisions. The company implements models based on Artificial Intelligence (AI) and Machine Learning (ML) for energy demand forecasting and price analysis.
Sustainability and ESG
The company supports the energy transition and decarbonization. D.TRADING focuses on developing renewable energy markets and provides services for trading Guarantees of Origin (GoO) to facilitate the transparent integration of "green" energy into the European grid.
Standards and Compliance
Operations are conducted in accordance with international trading standards. The company utilizes EFET (European Federation of Energy Traders) standard agreements for bilateral trading. Financial transactions and risk management are governed by ISDA (International Swaps and Derivatives Association) documentation.
Corporate Affairs
Locations
The company operates four strategic hubs:
- Ukraine: Kyiv (Headquarters).
- Switzerland: Baar (D.TRADING International SA).
- Croatia: Zagreb (D.TRADING d.o.o.).
- Netherlands: Amsterdam (D.TRADING B.V.).
Management
As of October 2024, Dmytro Sakharuk is appointed D.TRADING CEO, managing Ukrainian and European divisions.[34]