Ukraine takes out an NPP unit for repair amid power outages
Category
Ukraine
Publication date

Ukraine takes out an NPP unit for repair amid power outages

NAEC "Energoatom"
Nuclear power plant unit

Another power unit of one of the Ukrainian nuclear power plants will be taken out for repair. In this regard, the duration of power outages may increase.

Points of attention

 

  • Regular repairs of power units make it possible to optimize the operation of the power system and ensure an uninterrupted supply of electricity.
  • Damage to energy facilities caused by the war in Ukraine led to instability in electricity generation and the introduction of planned blackouts.
  • Power unit outputs from repair make it possible to reduce the duration of power outages and maintain the operation of the power system in crisis conditions.
  • It is necessary to maintain the stable operation of the country's energy system and find ways to ensure an uninterrupted electricity supply even under challenging conditions.

How the repair of the power unit will affect the power outage

As noted, "Energoatom" will take out another thousand-thousandth power unit for repair in the coming days.

Taking this into account, as well as the increase in electricity consumption in July, the generation deficit in the power system may increase.

But on the other hand, such a schedule of repairs will make it possible to shorten the duration of forced power outages as much as possible in the fall, the report says.

"Energoatom" adds that in recent months, repairs to three power units with a capacity of 2,420 MW have been completed. The repairs were completed 22 days earlier than planned.

As a result, the NPP produced an additional 171.84 million kW of electricity and supported the power system by reducing the duration of outages in June, said the Acting Director. Petro Kotin, head of "Energoatom".

What is the situation with light in Ukraine?

In recent months, the Russian occupiers have seriously damaged the Ukrainian energy industry. Several TPPs were destroyed, and others were also damaged. In addition, other energy facilities were also damaged.

The attacks led to a lack of own electricity generation, and the situation was complicated by weather conditions. In addition, Ukraine did not have enough electricity imports for the current level of consumption. Because of all this, schedules of blackouts began to be introduced.

At the same time, on May 28, another unit of the NPP was repaired—it added 1,000 MW of power to the power system. Due to the completion of two power units of the nuclear power plant and solar generation, the lights were not turned off for several days.

On the night of June 1, the Russians once again massively attacked the energy sector of Ukraine. Energy facilities in Zaporizhzhia, Dnipropetrovsk, Donetsk, Kirovohrad and Ivano-Frankivsk regions came under attack. During the shelling, Russian troops critically damaged the equipment at two hydroelectric power stations.

This has led to the introduction of energy companies' restrictions on light consumption.

On June 13, hourly power outages schedules will be introduced in Ukraine from 20:00 to 22:00.

Category
Ukraine
Publication date

What is happening in the Belgorod region — data from General Kavola

Kavoli described the situation in the Belgorod region
Source:  Politico

The Supreme Allied Commander in Europe, American General Christopher Cavoli, reported that the Ukrainian Defense Forces have indeed entered the Russian Belgorod region, thus expanding their presence on enemy territory.

Points of attention

  • General Cavoli highlights the ongoing confrontation in the area with varying success, emphasizing the importance of this development.
  • The Ukrainian army is focused on improving their capabilities by recruiting and training new soldiers weekly to strengthen their position.

Kavoli described the situation in the Belgorod region

According to the general, as of today, significant forces hold a considerable — albeit reduced, but still significant — portion of territory in the Kursk region of Russia.

And they (the Armed Forces of Ukraine — ed.) hold very advantageous defensive positions further south, in the Belgorod region... The Ukrainians launched a small counteroffensive on Russian territory (in the Belgorod region) a few weeks ago. So the confrontation is still ongoing in this area with varying success.

Christopher Cavoli

Christopher Cavoli

Supreme Allied Commander Europe, American general

What is important to understand is that Kavoli was the first military official to confirm that the Ukrainian Defense Forces had made their way into the Russian Belgorod region.

According to the American general, the Ukrainian army currently occupies strong defensive positions on this section of the front.

In addition, the Armed Forces of Ukraine are improving their capabilities to recruit and train new soldiers every week to strengthen them.

Category
Economics
Publication date

The fortunes of the world's 500 richest people have fallen by a record amount — here's why

Zuckerberg
Source:  Bloomberg

The combined fortunes of the world's 500 richest people fell by $208 billion on Thursday as a result of massive tariffs announced by US President Donald Trump, with American billionaires suffering the most.

Points of attention

  • President Trump's announcement of massive tariffs caused a $208 billion decline in the combined wealth of the world's 500 richest individuals in a single day.
  • American billionaires such as Mark Zuckerberg and Jeff Bezos suffered substantial losses, with Zuckerberg losing $17.9 billion and Bezos losing $15.9 billion.
  • Tesla CEO Elon Musk also experienced significant losses, including $110 billion, due to the plummeting shares of the electric car maker after the tariff announcement.

US billionaires hit by Trump tariffs

This was the fourth-largest one-day decline in the 13-year history of the Bloomberg Billionaires Index and the largest since the COVID-19 pandemic.

More than half of the billionaires on the Bloomberg list suffered losses, falling an average of 3.3%. Americans Mark Zuckerberg and Jeff Bezos suffered the most.

Zuckerberg lost $17.9 billion after Meta shares fell 9%, while Bezos lost $15.9 billion as Amazon shares also fell 9%.

Tesla CEO Elon Musk lost $110 billion, including $11 billion on April 3 as the electric car maker's shares plunged. The company's shares fell 5.5% on Thursday after the tariffs were announced.

Carvana CEO Ernest Garcia III lost $1.4 billion after the used car retailer's shares fell 20%.

Shopify co-founder Toby Luetke lost $1.5 billion. Shares of the company, which makes most of its revenue from selling imported goods, fell 20% in Toronto.

LVMH owner Bernard Arnault also suffered losses as his fortune was reduced by $6 billion due to the company's shares falling due to expected customs restrictions on the export of alcohol and luxury goods to the United States.

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