The fuel shortages are behind most of the blackouts; over 80% of their electricity is generated by burning crude oil.
It’s truly ridiculous when you think about it. The US approved private investment in Cuban businesses a couple of years back but the Cuban Government hasn’t bothered to create any regulations to allow the investments to happen. That alone would have funded the needed modernization of their power grid.
If they didn’t want to hop in bed with US Capital, something that is entirely understandable, they could have worked with their #1 trading partner China, who just so happens to be the worlds leading producer of Solar panels, to modernize their power generation.
Instead the Cuban government chose to do nothing except beg for more cheap or free crude oil to burn in their Soviet Era power plants.
The fuel shortages are behind most of the blackouts; over 80% of their electricity is generated by burning crude oil.
It’s truly ridiculous when you think about it. The US approved private investment in Cuban businesses a couple of years back but the Cuban Government hasn’t bothered to create any regulations to allow the investments to happen. That alone would have funded the needed modernization of their power grid.
If they didn’t want to hop in bed with US Capital, something that is entirely understandable, they could have worked with their #1 trading partner China, who just so happens to be the worlds leading producer of Solar panels, to modernize their power generation.
Instead the Cuban government chose to do nothing except beg for more cheap or free crude oil to burn in their Soviet Era power plants.