Quito, Ecuador - October 22, 2024

According to the Corporacion Electrica (Celec) and Deputy Energy Minister Fabian Calero, blackouts will persist at least until April 2025. No additional offshore electricity production equipment is to be added in the short range, it was also reported.

A worsening drought since mid-September has affected the reservoirs of hydroelectric power plants, in addition to the suspension of electricity supply from Colombia. Around 72% of Ecuador's energy matrix hinges on water,
Calero said that 838 extra megawatts were expected to be added between November and December, reaching a total of 1,431 megawatts until April next year. However, given the current deficit of 1,680 megawatts and the annual increase in demand of 500 megawatts, the crisis would persist.

President Daniel Noboa sent the National Assembly a bill to increase the cap on private electric generation from 10 to 100 megawatts per project. Even if approved this year, it would take between 24 and 36 months to show some results, some experts quoted by local media noted.
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