Commodities

Fire at Novocherkassk Power Plant in Russia; No Casualties Reported

A fire at the Novocherkassk power plant in Russia caused two units to be taken out of operation, with speculation that Ukraine’s drones may have been involved, leading to concerns about the impact on the global oil market and potential consequences for President Joe Biden’s re-election chances.

At a glance

  • A fire broke out at the Novocherkassk power plant in southwestern Russia, causing two units to be taken out of operation.
  • Russia’s defense ministry reported that 11 drones launched by Ukraine were destroyed over Rostov.
  • In response to damaged energy facilities in Ukraine, Poland, Romania, and Slovakia are providing urgent assistance to Ukraine’s energy grid.
  • The United States has urged Ukraine to halt strikes on Russian energy infrastructure to avoid provoking retaliation and driving up global oil prices.
  • Both Russia and Ukraine have utilized drones to target critical infrastructure, military installations, and troop concentrations.

The details

A fire broke out at the Novocherkassk power plant in southwestern Russia, causing two units to be taken out of operation.

Governor Vasily Golubev confirmed that there were no casualties and an investigation into the cause of the fire is underway.

Russia’s defense ministry reported that 11 drones launched by Ukraine were destroyed over Rostov.

The Baza Telegram news channel suggested that the fire may have been caused by Ukraine’s drones, but Reuters could not independently verify this claim.

Ukraine did not immediately comment on the attacks.

Novocherkassk is known as one of the largest thermal power plants in Russia’s southwest and is owned by OGK-2, which is controlled by a subsidiary of Russia’s energy giant Gazprom.

In response to the damaged energy facilities in Ukraine due to Russian air strikes, Ukraine’s energy grid is receiving urgent assistance from Poland, Romania, and Slovakia.

More than 1 million people in Ukraine are currently without power, leading to a significant need for external support.

The Polish transmission grid operator PSE is supplying 300 megawatts of power to Ukraine to help alleviate the situation.

The European Union and Ukraine recently linked their electricity grids in March 2022, allowing Ukraine to receive emergency power from Europe in case of outages resulting from military attacks.

The United States has urged Ukraine to halt strikes on Russian energy infrastructure, warning that such actions may provoke retaliation and drive up global oil prices.

The attacks have already contributed to a nearly 4% increase in oil prices since March 12. Ukraine has been targeting Russia’s energy infrastructure, leading to concerns about potential consequences on the global oil market.

A further rally in gasoline prices in the United States could potentially weaken President Joe Biden’s ratings and undermine his re-election chances.

Both Russia and Ukraine have utilized drones to target critical infrastructure, military installations, and troop concentrations.

Kyiv has specifically targeted Russian refineries and energy facilities in recent months as part of its strategic military operations.

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Facts attribution

This section links each of the article’s facts back to its original source.

If you suspect false information in the article, you can use this section to investigate where it came from.

uk.investing.com
– Fire at Novocherkassk power plant in southwestern Russia took two units out of operation
– Governor Vasily Golubev reported no casualties and investigation into the cause of the fire
– Russia’s defense ministry stated that 11 drones launched by Ukraine were destroyed over Rostov
– Baza Telegram news channel suggested that the fire was caused by Ukraine’s drones
– Reuters could not independently verify the report
– Ukraine did not immediately comment on the attacks
– Novocherkassk is one of the largest thermal power plants in Russia’s southwest
– Owned by OGK-2, which is controlled by a subsidiary of Russia’s energy giant Gazprom
uk.investing.com
– Ukraine’s energy grid is receiving urgent assistance from Poland, Romania, and Slovakia
– Russian air strikes damaged energy facilities in Ukraine
– More than 1 million people in Ukraine are without power
– Polish transmission grid operator PSE is supplying 300 megawatts of power to Ukraine
– The European Union and Ukraine linked their electricity grids in March 2022
– This allows Ukraine to receive emergency power from Europe in case of outages due to military attacks
uk.investing.com
– The United States has urged Ukraine to halt strikes on Russian energy infrastructure
– Warning that drone strikes risk provoking retaliation and driving up global oil prices
– The attacks have helped boost oil prices by nearly 4% since March 12
– Ukraine first started targeting Russia’s energy infrastructure
– A further rally in gasoline prices in the United States could weaken President Joe Biden’s ratings
– And undermine his re-election chances
– Both Russia and Ukraine have used drones to strike critical infrastructure, military installations, and troop concentrations
– Kyiv has hit Russian refineries and energy facilities in recent months

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