Cuba says electrical grid back online, generation still lagging

HAVANA (Reuters) – Cuba said late on Wednesday it had reconnected its national electrical grid, though generation remained far below demand one day after a plant failure knocked out power to millions across the island.

Cuba’s Energy and Mines Minister Vicente de la O Levy confirmed on X that the grid was back online just before midnight on Wednesday.

But around the same time, the National Electric Union (UNE) said on social media it was “serving” 880 MW into the system, a fraction of the typical peak demand of 3,200 MW, suggesting that a large swath of the Caribbean island remained without electricity.

A majority of Cuba’s residents suffer hours-long, rolling blackouts on a daily basis even when the grid is functional.

Cuba’s electrical grid has been on the brink of collapse for years, as fuel shortages, a string of natural disasters and economic crisis have left the island’s government unable to maintain the system’s decrepit infrastructure.

Dwindling oil imports from Venezuela, Russia and Mexico tipped the system into full crisis this year, leading to several nationwide blackouts that have sparked unrest and increasing anger among the population.

The blackouts, together with food, medicine and water shortages, have vastly complicated life on the island and driven a record-breaking exodus of its residents since 2020.

Cuba’s communist-run government blames the crisis on the decades-old U.S. trade embargo, which stymies some financial transactions and makes it more difficult to purchase fuel and spare parts.

This post is originally published on INVESTING.

  • Related Posts

    Oil rises 1%, heads for weekly gain in thin year-end trade

    By Shariq Khan NEW YORK (Reuters) -Oil rose about 1% on Friday and was set for a weekly gain in low trading volume ahead of year-end, backed by expectations of…

    Gold prices flat amid thin year-end trading, strong dollar creates pressure

    Investing.com– Gold prices were slightly in the red on Friday amid thin year-end trading, although they were set to edge higher this week amid a cautious outlook following the U.S.…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Oil rises 1%, heads for weekly gain in thin year-end trade

    • December 27, 2024
    Oil rises 1%, heads for weekly gain in thin year-end trade

    Money Management in Forex: Safe Trades and Maximize Profits

    • December 27, 2024
    Money Management in Forex: Safe Trades and Maximize Profits

    Confluence trading strategies in Forex Market

    • December 27, 2024
    Confluence trading strategies in Forex Market

    Margin Account vs. Cash Account

    • December 27, 2024
    Margin Account vs. Cash Account

    Gold prices flat amid thin year-end trading, strong dollar creates pressure

    • December 27, 2024
    Gold prices flat amid thin year-end trading, strong dollar creates pressure

    Oil prices edge higher on China stimulus, lower U.S. inventories forecast

    • December 27, 2024
    Oil prices edge higher on China stimulus, lower U.S. inventories forecast