Opinion: Unmasking the Real Culprits of Ecuador’s Energy Crisis

INSUBCONTINENT EXCLUSIVE:
foresight.Since October 27, blackouts have plagued the country, revealing gaps in government planning.Analysts had warned about an upcoming
drought, yet the government took no preventive measures.The financial toll is staggering
Industries lose an estimated $18 million for each blackout hour.A recent survey shows that out of 1,000 industries, only 45 can
self-generate power
This situation could have been avoided with better planning and investment.Blackouts are scheduled to last until December 15
(Photo Internet reproduction)They can either import costly electricity from Colombia and Peru or rely on expensive private thermoelectric
plants
Both choices fail as long-term solutions.Furthermore, the lack of strategic planning disrupts small businesses
Thus, we see the impact of years of government inaction.As for solutions, the government proposes ineffective quick fixes
plants
Only two have been completed.Analysts note that although $6 billion was invested annually in the past decade, maintenance was neglected,
Poor planning and lack of investment have left the economy hanging by a thread.This crisis stands as a stark lesson in the risks of
administrative negligence.