The agriculture losses from the Kakhovka HPP disaster may exceed $10B, and environmental damage already exceeds UAH 55B,

Monday, June 12, 2023
The agriculture losses from the Kakhovka HPP disaster may exceed $10B, and environmental damage already exceeds UAH 55B,

as Minister of Environmental Protection Ruslan Strilets reported. The Ministry of Agrarian Policy thinks the farming, environmental and social spheres will suffer the most due to the lack of irrigation resulting from damage to the dam. As a result, 1-1.5 million hectares of farmland will not be fully used, and restoring irrigation systems will take three to seven years, said Minister Mykola Solskyi. According to Deputy Minister Taras Vysotskyi, direct and indirect losses in the agricultural sector may exceed $10B over five years.

In addition, the destruction of the Kakhovka HPP and the resulting flooding of the region will significantly affect the RES industry. According to the Association of Solar Energy calculations, the disaster may cause the removal of 500 MW of renewable energy generation in the Kherson and Mykolaiv regions from the power grid, including large hydropower. Particularly 334 MW of capacity from the Kakhovka HPP and more than 150 MW from solar power plants. At the same time, the restoration of the HPP itself and related infrastructure will cost Ukraine €2B.

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