MARKET STRUCTURE · LATIN AMERICA
Cuba's national power grid collapses
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Cuba's national power grid collapsed on Monday, leaving the country's roughly 10 million people without electricity.
Why it matters
The national power grid collapsed on Monday, leaving about 10 million people without electricity. Union Nacional Electrica de Cuba (UNE) said it is working to restore electricity flows and is investigating the cause of the shutdown. No oil has been imported to Cuba since January 9 amid a US pressure campaign. Venezuela's interim leader Delcy Rodriguez agreed to stifle oil shipments to Cuba, and the US president threatened sanctions against countries, notably Mexico, that delivered fuel.
Implications
- • All grid-connected services and facilities across Cuba are without electricity.
- • UNE's restoration actions and investigation determine operational procedures and timing for power resumption.
- • Absence of oil imports since January 9 reduces fuel available for thermal generation and fuel-based backup systems.
- • Agreements to stifle shipments and US threats of sanctions constrain external options for importing fuel.
Who is affected
- • Union Nacional Electrica (UNE) and grid operators
- • Fuel importers and logistics providers
- • Hospital and emergency-services operators
- • Telecommunications and utility operators
Source
Topics
World & Politics Trade & Tariffs Energy & Power Grid & Utilities