Skip to content
Edit post

Russian occupation of Zaporizhzhia nuclear power plant costs Ukraine over $5 billion

by Elsa Court and The Kyiv Independent news desk June 18, 2024 11:46 PM 1 min read
Acting Chairman of the Board of Energoatom Petro Kotin speaks to nuclear plant workers at an event dedicated to commemorating the second anniversary of the occupation by Russian armed forces of Zaporizhzhia Nuclear Power Plant, in Kyiv on March 4, 2024. (Oleksii Chumachenko/SOPA Images/LightRocket via Getty Images)
This audio is created with AI assistance

Support independent journalism in Ukraine. Join us in this fight.

Become a member Support us just once

Ukraine's nuclear energy agency Energoatom has lost over Hr 210 billion ($5.2 billion) due to Russia's occupation of the Zaporizhzhia nuclear power plant, Energoatom's acting head Petro Kotin said on June 18.

The Zaporizhzhia nuclear plant, the largest nuclear power station in Europe, has been under Russian occupation since March 2022.

Speaking in an interview published on Energoatom's YouTube channel, Kotin said that losses amounted to Hr 35 billion ($862 million) in just the first week of Russian occupation.

The occupation has since cost Energoatom around Hr 6 billion ($148 million) every month, according to Kotin.

"To date, we have already lost more than Hr 210 billion ($5.2 billion) due to the fact that the Zaporizhzhia nuclear power plant is not working," Kotin said.

Russia's occupation of the ZNPP has led to heightened nuclear safety risks and Ukraine has repeatedly accused Moscow of using the plant as a launching site for drone attacks, presenting a serious security hazard.

Monitoring teams from the International Atomic Energy Agency (IAEA) have been based at the facility on rotation since September 2022, but Russian authorities still deny IAEA inspectors full access to the plant.

Restarting Zaporizhzhia nuclear plant ‘difficult to envisage’ during war, says IAEA chief
The Zaporizhzhia nuclear plant, the largest nuclear power station in Europe, has been under Russian occupation since March 2022.
Before you skip this banner, we want to tell you something…

The Kyiv Independent doesn’t depend on a wealthy owner or an oligarch — in 2023, 80% of our revenue was from reader contributions. It’s thanks to them that we don’t have to rely on a single owner.

Support us now and help maintain our independent model and keep our articles free for everyone. Your contributions allow us to cover journalists’ salaries, report from the front lines, and fund projects like our War Crimes Investigations Unit.

visa masterCard americanExpress

News Feed

8:49 PM

Kuleba meets Armenian minister as Yerevan drifts away from Moscow.

Foreign Minister Dmytro Kuleba and his Armenian counterpart Ararat Mirzoyan discussed the security situation in Europe and the South Caucasus. The two also focused on ways to deepen bilateral ties and international cooperation between nations, "particularly in light of Ukraine’s future EU membership."
Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
3:21 PM

'Tension rises' at border with Belarus, Minsk accuses Kyiv of deploying troops.

The Ukrainian Security and Defense Council's Center for Countering Disinformation said in May that Russia may opt to conduct a new psychological operation aimed at "stirring up mass panic" in Ukraine. The plan was to force Kyiv to believe that Belarusian troops would join Russia's war against Ukraine, according to the center.
10:44 AM

Governor: Russian attacks kill 4, wound 6 in Donetsk Oblast.

Russia's recent attack on Niu-York comes as Moscow steps up its offensive on the nearby town of Toretsk. Russian troops have slowly advanced in the area and intensified their attacks against civilians remaining in what has long been a less intense sector of the front line.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.