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Market
Will Cuba receive international aid to address power grid issues by December 31, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official statements from international organizations or Cuban government
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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Yes • 50%
No • 50%
Complete resolution • 25%
Worsening situation • 25%
No resolution • 25%
Partial resolution • 25%
1-2 months • 25%
More than 3 months • 25%
Less than 1 month • 25%
2-3 months • 25%
Infrastructure investment • 25%
International partnerships • 25%
No significant action • 25%
Energy rationing • 25%
Yes • 50%
No • 50%
Natural Disasters • 25%
Other • 25%
Lack of Maintenance • 25%
Economic Turmoil • 25%