Market
When will Cuba's largest power plant resume full operation?
2
Resolution / Starting Odds
By January 31, 2025 • 25%
By February 28, 2025 • 25%
After February 28, 2025 • 25%
Not at all in 2025 • 25%
Reports from the Ministry of Energy and Mines or major news outlets
Story
Cuba's National Grid Collapses After Largest Power Plant Fails, Millions in Dark
Dec 4, 2024, 12:35 PM
Cuba's national electrical grid experienced a total collapse early Wednesday morning, marking the third nationwide blackout in two months. The failure was triggered by a malfunction at the country's largest power plant, according to the Ministry of Energy and Mines. This incident left millions without power, plunging the island into darkness. The Ministry of Energy and Mines reported that the power generation was being restored following the outage. Schools and most workplaces were closed as the island dealt with the blackout. The recurring power issues are attributed to the lack of maintenance of the electrical grid, exacerbated by fuel shortages, natural disasters, and economic crisis.
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Less than 1 month • 25%
1-2 months • 25%
2-3 months • 25%
More than 3 months • 25%
Worsening situation • 25%
No resolution • 25%
Partial resolution • 25%
Complete resolution • 25%
Other • 25%
Lack of Maintenance • 25%
Economic Turmoil • 25%
Natural Disasters • 25%
No significant action • 25%
Energy rationing • 25%
International partnerships • 25%
Infrastructure investment • 25%
No • 50%
Yes • 50%
Significantly improved • 25%
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Lack of maintenance • 25%
Fuel shortages • 25%