Commodities and Futures News

Ecuador cuts power in half of its provinces amid historic drought

2024.09.22 12:41

By Alexandra Valencia

QUITO (Reuters) – Ecuador’s government has announced the suspension of electricity service for nine hours on Sunday in 12 of the Andean nation’s 24 provinces and placed 19 areas on red alert due to a drought that has reduced the water levels of hydroelectric plants.

The blackout in the provinces will be from 8:00 a.m. local time until 5:00 p.m., the Ecuadorian presidency said in a statement released Saturday night on X. It is in addition to the government’s plans announced on Tuesday for eight-hour nightly power cuts nationwide from Monday to Thursday.

Ecuador is gripped by the worst drought in the country in 61 years and an energy crisis made worse by what the government says is lack of maintenance of existing dams and contracts to ensure new energy generation.

The Ecuadorian authorities said the extra suspension of electricity for Sunday was based on “protecting water resources.”

The measure was taken after a session of the Emergency Operations Committee on Saturday night.

© Reuters. FILE PHOTO: A view shows a small stream that feeds the Paute river, affected by a severe drought, in Paute, Ecuador September 17, 2024. REUTERS/Karen Toro/File Photo

“We are in 19 provinces with shortages of water, fires and food security (issues),” Environment Minister Ines Manzano told reporters in Cuenca on Saturday. “The corresponding entities must accept and comply with the resolution declaring a red alert.”

After the government announced the planned power cuts on Tuesday, the military entered the Mazar hydroelectric plant, of about 170 megawatts and considered key for its large storage capacity, to support its operation and protect it.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 104,064.88 0.54%
ethereum
Ethereum (ETH) $ 2,550.46 1.26%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.56 7.84%
bnb
BNB (BNB) $ 689.72 4.87%
solana
Solana (SOL) $ 175.43 0.84%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.24319 3.91%
cardano
Cardano (ADA) $ 0.843778 5.38%
tron
TRON (TRX) $ 0.272837 4.13%
staked-ether
Lido Staked Ether (STETH) $ 2,550.07 1.39%
sui
Sui (SUI) $ 4.08 2.42%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,861.83 0.81%
chainlink
Chainlink (LINK) $ 17.39 4.55%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,059.23 0.94%
avalanche-2
Avalanche (AVAX) $ 25.22 1.88%
stellar
Stellar (XLM) $ 0.326687 6.37%
shiba-inu
Shiba Inu (SHIB) $ 0.000017 4.40%
hedera-hashgraph
Hedera (HBAR) $ 0.217222 4.31%
pi-network
Pi Network (PI) $ 1.25 10.80%
the-open-network
Toncoin (TON) $ 3.51 2.39%
hyperliquid
Hyperliquid (HYPE) $ 24.79 0.22%
bitcoin-cash
Bitcoin Cash (BCH) $ 415.36 0.78%
polkadot
Polkadot (DOT) $ 5.27 3.68%
leo-token
LEO Token (LEO) $ 8.49 1.85%
litecoin
Litecoin (LTC) $ 102.64 1.38%
usds
USDS (USDS) $ 1.00 0.01%
weth
WETH (WETH) $ 2,551.85 1.36%
monero
Monero (XMR) $ 342.53 3.88%
pepe
Pepe (PEPE) $ 0.000014 8.54%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,717.90 1.02%
bitget-token
Bitget Token (BGB) $ 4.90 0.21%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.996728 0.48%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.03%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 104,014.87 0.67%
whitebit
WhiteBIT Coin (WBT) $ 30.29 0.03%
uniswap
Uniswap (UNI) $ 7.10 0.64%
bittensor
Bittensor (TAO) $ 460.67 1.41%
near
NEAR Protocol (NEAR) $ 3.22 1.29%
aptos
Aptos (APT) $ 6.04 1.11%
dai
Dai (DAI) $ 1.00 0.02%
aave
Aave (AAVE) $ 222.42 0.39%
ondo-finance
Ondo (ONDO) $ 1.07 2.02%
okb
OKB (OKB) $ 55.68 0.06%
kaspa
Kaspa (KAS) $ 0.125283 17.87%
internet-computer
Internet Computer (ICP) $ 6.01 6.35%
ethereum-classic
Ethereum Classic (ETC) $ 20.34 2.14%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
crypto-com-chain
Cronos (CRO) $ 0.101638 1.05%
official-trump
Official Trump (TRUMP) $ 14.10 1.22%