A massive power outage hit two-thirds of Cuba's provinces earlier this month, a sign of the country's aging infrastructure. According to analysts, modernizing the system could cost several billion dollars. Meanwhile, two recent attempts at exploratory drilling off the Cuban coast have been unsuccessful. Will the electricity sector hold the country back as the government takes steps to liberalize the economy and increase consumption? How serious are Cuba's energy woes? Is the government partly at fault for mismanaging the sector, as some critics allege, or are sanctions entirely to blame?
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Inter-American Dialogue's Latin American Energy Advisor. "Will Cuba's electricity sector hold the country back?." (2012). http://digitalrepository.unm.edu/la_energy_dialog/77