Ecuador Faces Unprecedented Energy Crisis: A Call for Change

Ecuador Faces Unprecedented Energy Crisis: A Call for Change

Ecuador is facing a severe energy crisis, with power outages lasting up to 10 hours daily due to historic droughts affecting hydroelectric resources, which comprise over 70% of its electricity generation. The centralization of its electricity sector has exposed vulnerabilities, necessitating urgent reforms towards diversification and private sector involvement to ensure energy security. Continue reading Ecuador Faces Unprecedented Energy Crisis: A Call for Change