Russian drone and missile attacks on Ukrainian energy infrastructure have left roughly a million people in Ukraine without power, with five of six power plants operated by DTEK being damaged.
Russian drone and missile attacks on Ukrainian energy infrastructure have left about a million people in the Ukraine without power. The Ukraine’s largest private grid operator, DTEK, reported, as cited by Al Jazeera, that five of the six power plants it operates have been damaged, with 80% of their generating capacity lost. The power utility also said that 180,000 people were without power in the Odessa region following a Russian attack.
As of last week, some 14% of Russia’s refining capacity was taken offline by the Ukrainian drone attacks, translating into around 900,000 barrels daily. JP Morgan had estimated earlier that Russia’s refinery capacity outages could add a significant risk premium to the middle distillates market, banking on it taking weeks or even months to restore the capacity. Bank analysts have estimated that risk premium at $4 per barrel.
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