Ukraine has suffered at least $2 billion in direct damages as the Russian occupiers blew up the dam of the Kakhovka hydroelectric power plant.

“The sum of direct damages caused by the Kakhovka HPP explosion is $2 billion at least. We are talking about losses in the housing and communal sector, energy, agriculture, transport, ecology, and industry. Such data are provided in the first analysis carried out by specialists of the KSE Institute – the analytical division of the Kyiv School of Economics, in cooperation with the Office of the President of Ukraine, the Ministry of Economy, and the Ministry of Infrastructure,” reads the statement on the website of the Ministry of Economy of Ukraine.

The Kakhovskaya HPP was blown up

According to the analysis, damages caused by the tragedy at the Kakhovka HPP include the following:

  • Housing: $950 million in damages. About 20,000-30,000 houses in the Kherson region and more than 500 private houses in the Mykolaiv region have been in the flood area, according to preliminary estimates.
  • Energy: $624 million in damages. The Kakhovka hydroelectric power plant was destroyed, which is not subject to restoration, the losses from which within the total sector reach $586 million. The needs for the construction of a new hydroelectric power plant will amount to about $1 billion.
  • Transport infrastructure: $311 million in damages. More than 290 km of roads were affected by the flood.
  • Industry: $105 million in damages. 28 large industrial facilities located on the right and left banks of the Dnipro River were flooded.
  • Agriculture: $25 million in damages.
  • Environment and ecology: $1.5 billion in damages. 150 tonnes of oil leaked when the dam exploded. The salinity level of the Black Sea near Odesa is almost three times lower than normal.

As a reminder, the other day, the Parliamentary Assembly of the Council of Europe adopted a resolution recognising the Russian Federation as being guilty of committing the crime of ecocide by blowing up the Kakhovka HPP.

Bohdan Marusyak

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