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LATAM: Ecuador Power Crisis Deepens Amid On-going Drought

LATAM
  • The government will increase scheduled power cuts to 10 hours a day as levels of reservoirs feeding hydroelectric plants continue to fall due to the ongoing drought, Expreso reports, citing Energy Minister Antonio Goncalves. The measures are being taken to avoid a collapse in the country’s power grid, Goncalves said. (BBG)
    • The power cuts won’t affect the industrial sector, but the move follows reports earlier this week that the government had ordered some industrial firms to reduce electricity consumption by 50% during the daytime hours to conserve power.
    • Companies may have to stop using electricity from the national grid altogether if a crucial reservoir in the south of the country remains at a critical level, according to reports.
    • Rolling blackouts began last month amid the country’s worst drought in 60 years, while water has also been rationed in Quito. President Noboa is due to speak in Guayaquil amid the electricity crisis at 1800BST(1300ET) today.
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  • The government will increase scheduled power cuts to 10 hours a day as levels of reservoirs feeding hydroelectric plants continue to fall due to the ongoing drought, Expreso reports, citing Energy Minister Antonio Goncalves. The measures are being taken to avoid a collapse in the country’s power grid, Goncalves said. (BBG)
    • The power cuts won’t affect the industrial sector, but the move follows reports earlier this week that the government had ordered some industrial firms to reduce electricity consumption by 50% during the daytime hours to conserve power.
    • Companies may have to stop using electricity from the national grid altogether if a crucial reservoir in the south of the country remains at a critical level, according to reports.
    • Rolling blackouts began last month amid the country’s worst drought in 60 years, while water has also been rationed in Quito. President Noboa is due to speak in Guayaquil amid the electricity crisis at 1800BST(1300ET) today.