Market
Which alternative energy source will Cuba implement to stabilize the grid by December 31, 2025?
3
Resolution / Starting Odds
Solar energy • 25%
Wind energy • 25%
Nuclear energy • 25%
No new energy source • 25%
Official announcements from the Cuban government or Ministry of Energy and Mines
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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Infrastructure Investment • 25%
Renewable Energy Focus • 25%
Other • 25%
International Partnerships • 25%
No • 50%
Yes • 50%
Complete resolution • 25%
Worsening situation • 25%
No resolution • 25%
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Worsened • 25%
No change • 25%
Slightly improved • 25%
Significantly improved • 25%
Other • 25%
Coal • 25%
Renewable Energy • 25%
Liquefied Natural Gas (LNG) • 25%
Energy rationing • 25%
International partnerships • 25%
Infrastructure investment • 25%
No significant action • 25%
Natural Disasters • 25%
Other • 25%
Lack of Maintenance • 25%
Economic Turmoil • 25%
Domestic energy production increase • 25%
Combination of sources • 25%
Increased reliance on coal/oil • 25%
Increased imports from Romania • 25%