Ecuador Faces Severe Energy Crisis with Rolling Blackouts, Job Losses, and Economic Damage from Drought

Ecuador is currently grappling with a severe energy crisis, largely driven by a combination of environmental factors, poor policy decisions, and an overreliance on hydropower. The country’s electricity sector is heavily dependent on hydropower, which accounts for about 70% of the energy supply. However, a prolonged drought has significantly reduced water levels, causing hydropower production […]

Ecuador Faces Severe Energy Crisis with Rolling Blackouts, Job Losses, and Economic Damage from Drought

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