Overview

In a region where winter temperatures average -6° C, access to reliable heat and power is an indisputable necessity. For many years, however, the 200,000 residents of the Ukraine city Kramatorsk had been at the mercy of a heating supply plagued by rising prices for importing natural gas and poor operational practices. In 2006, ContourGlobal partnered with the city government to lease the plant’s assets. Over the following three years, we invested $20 million to upgrade the plant’s equipment and transition to a less expensive domestic energy source. We have supported this modernization with comprehensive team training on industry best practices. So far, our modernization efforts are producing consistent heat and power generation, in addition to reducing CO2 emissions by 50,000 tons per year.