Update (Monday):
The geopolitical environment in Eastern Europe and the Middle East is quickly heating up, with Ukraine at the center of attention on Sunday evening. Europe can breathe a major sigh of relief after an alleged drone strike on the Russian-occupied Zaporizhzhia nuclear power plant has been reported as having 'no impact' on nuclear safety.
The Vienna-based International Atomic Energy Agency wrote on X, "IAEA experts witnessed strong dark smoke coming from ZNPP's northern area following multiple explosions heard in the evening," adding, "Team was told by ZNPP of an alleged drone attack today on one of the cooling towers located at the site. No impact has been reported for nuclear safety."
IAEA experts witnessed strong dark smoke coming from ZNPP’s northern area following multiple explosions heard in the evening. Team was told by ZNPP of an alleged drone attack today on one of the cooling towers located at the site. No impact has been reported for nuclear safety. pic.twitter.com/pZ0VGRZtbf
— IAEA - International Atomic Energy Agency ⚛️ (@iaeaorg) August 11, 2024
Here's more from the IAEA:
The IAEA team reported hearing an explosion today at the same time the ZNPP informed them that a drone had allegedly struck one of the plant's two cooling towers.
In order to ascertain the extent and possible cause of this event, the IAEA Support and Assistance Mission to Zaporizhzhya (ISAMZ) is requesting immediate access to the cooling tower to assess the damage.
ZNPP has two cooling towers located at the northern side of the cooling pond, outside of the ZNPP perimeter. Cooling towers are used during power operation of the plant. Their damage does not directly impact the safety of the six units in shutdown. However, any kind of fire on the site or in its vicinity represents a risk of spreading the fire also to facilities essential for safety.
The plant confirmed to the Team that there is no risk of elevated radiation levels as there is no radioactive material in the vicinity of the alleged attack area. The Team independently verified the radiation levels and confirmed it remained unchanged.
IAEA Director General Grossi reiterated that any military action taken against the plant represents a clear violation of the five concrete principles for protecting the facility, which were established at the United Nations Security Council in May last year.
"These reckless attacks endanger nuclear safety at the plant and increase the risk of a nuclear accident. They must stop now," said Director General Grossi.
Here's footage of the cooling tower blaze at Zaporizhzhia.
🇷🇺🇺🇦 Zaporizhzhya Nuclear Power Plant, the highest in Europe, comment by Rogozin:
— Lord Bebo (@MyLordBebo) August 12, 2024
One of the two cooling towers of the Zaporizhzhya NPP, whose main task is to cool water during normal operation of the station, was struck by two direct strikes from attack UAVs, which resulted in… pic.twitter.com/ygX5icwkiN
Data from the Joint Research Centre of Radioactivity Environment Monitoring (view here) shows radiation levels are still normal despite the ongoing incident.
Amid the 'fog of war,' Ukraine and Russia are pointing fingers at each other for the incident.
Ukrainian President Volodymyr Zelensky's Sunday evening post on X seemed like a deliberate attempt to pull the West deeper into the conflict. With F-16s now in the skies, Ukrainian forces pushing into Russian territory, and no signs of peace on the horizon, the conflict is clearly escalating.
* * *
Just hours before futures in the US open, troubling news has surfaced on X that Ukraine's Russian-held Zaporizhzhia nuclear power plant's cooling tower has caught fire.
At first, several X users that identified as "OSINT"—or open-source intelligence—pointed out the fire developing at the largest nuclear power plant in Europe (able to generate 6,000 megawatts for four million homes).
A blaze has broken out at the Russian-occupied Zaporizhzhia Nuclear Power Plant in Ukraine this evening, sending up a large column of black smoke.
— OSINTtechnical (@Osinttechnical) August 11, 2024
Ukrainian sources report that the Russians set tires on fire in the vicinity of one of the cooling towers. pic.twitter.com/yNzA9a9lRR
About 15 minutes later, around 1500 ET, Ukrainian President Volodymyr Zelensky confirmed on X that "Russian occupiers have started a fire on the territory of the Zaporizhzhia Nuclear Power Plant."
Zelensky continued:
Currently, radiation levels are within norm. However, as long as the Russian terrorists maintain control over the nuclear plant, the situation is not and cannot be normal.
Since the first day of its seizure, Russia has been using the Zaporizhzhia NPP only to blackmail Ukraine, all of Europe, and the world.
We are waiting for the world to react, waiting for the IAEA to react. Russia must be held accountable for this. Only Ukrainian control over the Zaporizhzhia NPP can guarantee a return to normalcy and complete safety.
Enerhodar. We have recorded from Nikopol that the Russian occupiers have started a fire on the territory of the Zaporizhzhia Nuclear Power Plant.
— Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) August 11, 2024
Currently, radiation levels are within norm. However, as long as the Russian terrorists maintain control over the nuclear plant, the… pic.twitter.com/TQUi3BJg4J
Zaporizhzhia NPP has come under shelling and drone attacks in the past. The United Nations nuclear watchdog agency, the International Atomic Energy Agency, has issued numerous warnings about the plant dangerously close to suffering an accident or attack.
According to Russian state-controlled Russia Today, the fire at Zaporizhzhia NPP's cooling systems facility was the direct "result of Ukrainian shelling of Energodar city - local authorities." At this moment, it really depends on the source for who is responsible for the fire. Welcome to the 'fog of war'.
⚡️Fire breaks out at Zaporizhzhya NPP cooling systems facility as result of Ukrainian shelling of Energodar city - local authorities pic.twitter.com/v17IDeIbxy
— RT (@RT_com) August 11, 2024
AFP News cited Yevgeny Balitsky, the Russian-installed governor of Ukraine's Zaporizhzhia region, who said the fire at the cooling system was a result of shelling of the town of Energodar by the Ukrainian armed forces.
Russian occupation troops set something on fire(reportedly tires) near the unit of Zaporizhzhia power plant https://t.co/Ghcru7qV61 pic.twitter.com/sjSZcEffjA
— Liveuamap (@Liveuamap) August 11, 2024
Data from the Joint Research Centre of Radioactivity Environment Monitoring (view here) shows radiation levels are still normal despite the ongoing incident.
In April, Goldman's Borislav Vladimirov told clients, "Sabotage or failure at the NPP Zaporizhzhia. Situated on the front line of the war in Ukraine, the Zaporizhzhia nuclear power plant, the largest of its type in Europe, poses ongoing risks not only due to the threat of Russian sabotage, but also to the gradual deterioration of the facility due to poor maintenance and extreme (war-zone) operating conditions."
The fire at the Zaporizhzhia NPP coincides with the recent deployment of Ukrainian fourth-generation F-16 fighter jets in the air along the frontline in the southern Kherson region, according to Newsweek. Additionally, Ukrainian forces have seized the "Sudzha" gas metering station, one of the last remaining Russian pipelines still delivering NatGas to Europe through Ukraine. Meanwhile, Ukraine has been intensifying suicide drone missions targeting Russian energy infrastructure.
In markets, well, crypto at the moment, since futures are closed, the first response by algos has been to dump Bitcoin and Ethereum.
*This story is developing... Please check back for updates.
Update (Monday):
The geopolitical environment in Eastern Europe and the Middle East is quickly heating up, with Ukraine at the center of attention on Sunday evening. Europe can breathe a major sigh of relief after an alleged drone strike on the Russian-occupied Zaporizhzhia nuclear power plant has been reported as having 'no impact' on nuclear safety.
The Vienna-based International Atomic Energy Agency wrote on X, "IAEA experts witnessed strong dark smoke coming from ZNPP's northern area following multiple explosions heard in the evening," adding, "Team was told by ZNPP of an alleged drone attack today on one of the cooling towers located at the site. No impact has been reported for nuclear safety."
IAEA experts witnessed strong dark smoke coming from ZNPP’s northern area following multiple explosions heard in the evening. Team was told by ZNPP of an alleged drone attack today on one of the cooling towers located at the site. No impact has been reported for nuclear safety. pic.twitter.com/pZ0VGRZtbf
— IAEA - International Atomic Energy Agency ⚛️ (@iaeaorg) August 11, 2024
Here's more from the IAEA:
The IAEA team reported hearing an explosion today at the same time the ZNPP informed them that a drone had allegedly struck one of the plant's two cooling towers.
In order to ascertain the extent and possible cause of this event, the IAEA Support and Assistance Mission to Zaporizhzhya (ISAMZ) is requesting immediate access to the cooling tower to assess the damage.
ZNPP has two cooling towers located at the northern side of the cooling pond, outside of the ZNPP perimeter. Cooling towers are used during power operation of the plant. Their damage does not directly impact the safety of the six units in shutdown. However, any kind of fire on the site or in its vicinity represents a risk of spreading the fire also to facilities essential for safety.
The plant confirmed to the Team that there is no risk of elevated radiation levels as there is no radioactive material in the vicinity of the alleged attack area. The Team independently verified the radiation levels and confirmed it remained unchanged.
IAEA Director General Grossi reiterated that any military action taken against the plant represents a clear violation of the five concrete principles for protecting the facility, which were established at the United Nations Security Council in May last year.
"These reckless attacks endanger nuclear safety at the plant and increase the risk of a nuclear accident. They must stop now," said Director General Grossi.
Here's footage of the cooling tower blaze at Zaporizhzhia.
🇷🇺🇺🇦 Zaporizhzhya Nuclear Power Plant, the highest in Europe, comment by Rogozin:
— Lord Bebo (@MyLordBebo) August 12, 2024
One of the two cooling towers of the Zaporizhzhya NPP, whose main task is to cool water during normal operation of the station, was struck by two direct strikes from attack UAVs, which resulted in… pic.twitter.com/ygX5icwkiN
Data from the Joint Research Centre of Radioactivity Environment Monitoring (view here) shows radiation levels are still normal despite the ongoing incident.
Amid the 'fog of war,' Ukraine and Russia are pointing fingers at each other for the incident.
Ukrainian President Volodymyr Zelensky's Sunday evening post on X seemed like a deliberate attempt to pull the West deeper into the conflict. With F-16s now in the skies, Ukrainian forces pushing into Russian territory, and no signs of peace on the horizon, the conflict is clearly escalating.
* * *
Just hours before futures in the US open, troubling news has surfaced on X that Ukraine's Russian-held Zaporizhzhia nuclear power plant's cooling tower has caught fire.
At first, several X users that identified as "OSINT"—or open-source intelligence—pointed out the fire developing at the largest nuclear power plant in Europe (able to generate 6,000 megawatts for four million homes).
A blaze has broken out at the Russian-occupied Zaporizhzhia Nuclear Power Plant in Ukraine this evening, sending up a large column of black smoke.
— OSINTtechnical (@Osinttechnical) August 11, 2024
Ukrainian sources report that the Russians set tires on fire in the vicinity of one of the cooling towers. pic.twitter.com/yNzA9a9lRR
About 15 minutes later, around 1500 ET, Ukrainian President Volodymyr Zelensky confirmed on X that "Russian occupiers have started a fire on the territory of the Zaporizhzhia Nuclear Power Plant."
Zelensky continued:
Currently, radiation levels are within norm. However, as long as the Russian terrorists maintain control over the nuclear plant, the situation is not and cannot be normal.
Since the first day of its seizure, Russia has been using the Zaporizhzhia NPP only to blackmail Ukraine, all of Europe, and the world.
We are waiting for the world to react, waiting for the IAEA to react. Russia must be held accountable for this. Only Ukrainian control over the Zaporizhzhia NPP can guarantee a return to normalcy and complete safety.
Enerhodar. We have recorded from Nikopol that the Russian occupiers have started a fire on the territory of the Zaporizhzhia Nuclear Power Plant.
— Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) August 11, 2024
Currently, radiation levels are within norm. However, as long as the Russian terrorists maintain control over the nuclear plant, the… pic.twitter.com/TQUi3BJg4J
Zaporizhzhia NPP has come under shelling and drone attacks in the past. The United Nations nuclear watchdog agency, the International Atomic Energy Agency, has issued numerous warnings about the plant dangerously close to suffering an accident or attack.
According to Russian state-controlled Russia Today, the fire at Zaporizhzhia NPP's cooling systems facility was the direct "result of Ukrainian shelling of Energodar city - local authorities." At this moment, it really depends on the source for who is responsible for the fire. Welcome to the 'fog of war'.
⚡️Fire breaks out at Zaporizhzhya NPP cooling systems facility as result of Ukrainian shelling of Energodar city - local authorities pic.twitter.com/v17IDeIbxy
— RT (@RT_com) August 11, 2024
AFP News cited Yevgeny Balitsky, the Russian-installed governor of Ukraine's Zaporizhzhia region, who said the fire at the cooling system was a result of shelling of the town of Energodar by the Ukrainian armed forces.
Russian occupation troops set something on fire(reportedly tires) near the unit of Zaporizhzhia power plant https://t.co/Ghcru7qV61 pic.twitter.com/sjSZcEffjA
— Liveuamap (@Liveuamap) August 11, 2024
Data from the Joint Research Centre of Radioactivity Environment Monitoring (view here) shows radiation levels are still normal despite the ongoing incident.
In April, Goldman's Borislav Vladimirov told clients, "Sabotage or failure at the NPP Zaporizhzhia. Situated on the front line of the war in Ukraine, the Zaporizhzhia nuclear power plant, the largest of its type in Europe, poses ongoing risks not only due to the threat of Russian sabotage, but also to the gradual deterioration of the facility due to poor maintenance and extreme (war-zone) operating conditions."
The fire at the Zaporizhzhia NPP coincides with the recent deployment of Ukrainian fourth-generation F-16 fighter jets in the air along the frontline in the southern Kherson region, according to Newsweek. Additionally, Ukrainian forces have seized the "Sudzha" gas metering station, one of the last remaining Russian pipelines still delivering NatGas to Europe through Ukraine. Meanwhile, Ukraine has been intensifying suicide drone missions targeting Russian energy infrastructure.
In markets, well, crypto at the moment, since futures are closed, the first response by algos has been to dump Bitcoin and Ethereum.
*This story is developing... Please check back for updates.