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Will Cuba restore full power generation capacity by end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the Cuban Ministry of Energy and Mines
Story
Cuba Faces Nationwide Blackout After Antonio Guiteras CTE Failure Amid Severe Energy Crisis
Oct 18, 2024, 04:54 PM
Cuba is experiencing a severe energy crisis, resulting in a nationwide blackout after the failure of the Antonio Guiteras CTE power plant. The island's electrical grid was completely shut down, leaving millions without electricity. Prime Minister Manuel Marrero has implemented emergency measures, including the closure of non-essential state workplaces and schools, to manage the crisis. The Ministry of Energy and Mines reported that the country's power generation capacity is significantly lower than the demand, with only 1,692 megawatts available compared to a 3,300-megawatt demand. Additionally, more than a million homes are without running water due to the crisis.
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Yes • 50%
No • 50%
Less than 1 month • 25%
1-2 months • 25%
2-3 months • 25%
More than 3 months • 25%
Complete resolution • 25%
Partial resolution • 25%
No resolution • 25%
Worsening situation • 25%
By January 31, 2025 • 25%
By February 28, 2025 • 25%
After February 28, 2025 • 25%
Not at all in 2025 • 25%
Increase in renewable energy projects • 25%
Investment in infrastructure repair • 25%
Import of foreign fuel supplies • 25%
No significant policy change • 25%