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Market
Will Cuba announce a comprehensive power grid upgrade plan by March 31, 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the Cuban government or Ministry of Energy and Mines
Story
Cuba's Power Grid Collapses Again, Leaving Millions in the Dark
Dec 4, 2024, 02:49 PM
Cuba experienced a nationwide blackout early Wednesday after the failure of its largest power plant, marking the third such incident in less than two months. The collapse of the national electrical grid left millions without electricity, affecting daily life across the island. The Ministry of Energy and Mines reported the outage, which led to the suspension of classes and work activities. The government has begun efforts to restore power, with several energy islands already functioning. This series of blackouts underscores the fragility of Cuba's power generation system, exacerbated by economic turmoil, natural disasters, and lack of maintenance.
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Yes • 50%
No • 50%
No • 50%
Yes • 50%
Yes • 50%
No • 50%
No significant action • 25%
Energy rationing • 25%
Infrastructure investment • 25%
International partnerships • 25%
Partial resolution • 25%
Complete resolution • 25%
No resolution • 25%
Worsening situation • 25%
No • 50%
Yes • 50%
Nuclear energy • 25%
Wind energy • 25%
Solar energy • 25%
No new energy source • 25%
Yes, with private funding • 25%
Yes, with government funding • 25%
Yes, with mixed funding • 25%
No improvements announced • 25%
Significantly improved • 25%
Slightly improved • 25%
No change • 25%
Worsened • 25%