Daily coverage from across the country, written for the expat community
Results for “energy”Clear
Celec says high river flows, sediment and rocky material damaged part of the Coca Codo Sinclair area after more than 20 continuous hours of pressure from the Coca River. El Comercio reports the national electric system remains guaranteed, but the episode shows why Amazon river conditions still matter for electricity users across Ecuador.
Ecuador's National Assembly approved a new marine-coastal governance law on May 21. Expreso reports it creates tools to protect breaking waves, regulate maritime activities and catalog important surf zones.
Risk officials warned that 14 beaches in Esmeraldas, Manabi and Santa Elena would carry red flags on May 19. Primicias reports the warning is tied to an aguaje phase that moved the sea from moderate to agitated conditions.
Executive Decree 383 shifts the Comisión Estratégica de Marcas to the Production, Foreign Trade and Investment ministry, replacing a 2011-era structure. The reframe moves Ecuador's international promotion away from a tourism focus toward investment and trade.
President Noboa meets VP Vance this week to discuss security, migration, and trade. Ecuador is also seeking a civilian nuclear energy agreement with the US — a first.
The May 12 price adjustment is official — diesel crossed $3/gallon for the first time, stations in Quito and Guayaquil are running dry, and Ecuador is importing 65% of its fuel. The refinery FCC unit restarts May 15.
Resolution 2582 declares both countries' tariffs incompatible with the Cartagena Agreement. But with rates still at 75%, business leaders on both sides say trade remains frozen.
Juan Carlos Blum is now the fifth person to lead Ecuador's energy portfolio since November 2023. A former minister calls it 'a responsibility of the highest risk.' The blackouts, failed contracts, and investigations explain why.
Ecuador is burning through diesel at a 23% faster rate to keep the lights on. Diesel prices jumped from .11 to .45 per gallon. And the government just failed — for the second time — to secure emergency thermal generation contracts.
Without Colombian electricity and an unreliable Coca Codo Sinclair plant, Ecuador's grid operator projects rolling blackout risk during the October-March dry season. The government is scrambling to rent diesel generators.
Ecuador's Attorney General is seeking to formally charge 21 people — including a former Celec manager and former Energy Minister — with embezzlement tied to emergency contracts during the 2024 blackout crisis. Estimated damages exceed $100 million.
Prosecutors raided CNEL offices across three provinces after the Energy Minister revealed a decade-long billing manipulation scheme affecting 400,000+ accounts. Officials allegedly cut invoices by 80% in exchange for bribes.
