Ricardo Torres Perez, research fellow at American University: “The recurrent power outages have been occurring for several years, with severe periods like the one we are currently experiencing. Cuban authorities cite two main causes: fuel shortages and the deterioration of power plants. In both cases, the issue is tied to the current economic crisis and, more broadly, to the prolonged stagnation of the Cuban economy. The lack of foreign currency prevents the purchase of the necessary fuel, which Venezuela previously supplied, but whose shipments have been reduced. Additionally, the lack of capital maintenance and low spare parts inventory has significantly reduced the technical availability of the plants. In the short term, increasing fuel imports largely depends on favorable agreements with allies such as Russia or Mexico. The recovery of the electrical infrastructure and the increase in the penetration of renewable energy sources will…”
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Carl David
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Freshfields Bruckhaus Deringer
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Atlas Renewable Energy
Jeffrey Davidow
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The Cohen Group
Analia Gonzalez
Leader, Arbitration & Litigation,
Laitn America, BakerHostetler
Jonathan C. Hamilton
Partner,
White & Case
Raul Herrera
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Arnold & Porter
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Chairman,
Monarch Global Strategies
Jorge Kamine
Partner, Corporate &
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Willkie Farr & Gallagher
Craig A. Kelly
Senior Director,
Int’l Government Relations,
Exxon Mobil
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Energy Program,
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Haynes & Boone
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Clearview Strategy Group
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Inter-American Dialogue
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