• Ecuador’s energy crisis deepens amid historic drought and extended blackouts

    Ecuador is facing a severe energy crisis caused by the worst drought in six decades drastically reducing water levels in reservoirs powering hydroelectric plants that supply over 70% of the nation’s electricity. Since October 23, 2024, power cuts have expanded from 8 to 14 hours per day, impacting cities like Quito, Guayaquil, and Cuenca, and causing economic losses of about $12 million per hour.