Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

'The climate is crazy' Ecuador minister says as country faces 12-hour power cuts

Published 09/23/2024, 03:54 PM
Updated 09/23/2024, 10:43 PM
© Reuters. FILE PHOTO: Antonio Goncalves, Minister of Energy and Mines, speaks at a press conference at the Mazar dam, in San Pablo, Ecuador September 17, 2024. REUTERS/Karen Toro/File Photo

QUITO (Reuters) - Power cuts in Ecuador will run nationwide for 12 hours per day, up from a planned eight, the government said on Monday, citing the country's urgent energy crisis caused by the worst drought in the Andean country's recent history.

Authorities last week said power cuts would take place across the country for up to eight hours per day but adverse weather conditions continue in areas where the country's dams are located, Energy Minister Antonio Goncalves told journalists.

"The important issue is that the climate is crazy, it has changed a lot," Goncalves said, adding that the dry season started two months early. "We depend a lot on hydrology. I can't predict something that only God knows."

Earlier, speaking at the United Nations General Assembly, President Daniel Noboa said Ecuador was experiencing its worst drought in 61 years.

© Reuters. Esther Gualtieri and her son Rafael Diaz Gualtieri do school-work during a power outage, in Quito, Ecuador September 23, 2024. REUTERS/Karen Toro

"It's chaos and much worse than expected," he said.

Electricity providers also updated timetables of planned cuts to go through Sunday; initially the cuts were planned to run through Thursday.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.