Markets

Insider Trading

Hedge Funds

Retirement

Opinion

20 Countries with Most Blackouts in the World

In this article, we will be taking a look at the 20 countries with most blackouts in the world. If you do not want to learn about the global impact of blackouts on businesses, head straight to the 5 Countries with Most Blackouts in the World

In today’s interconnected world, reliable access to electricity is crucial for economic stability and societal well-being. However, some countries need help maintaining a consistent power supply globally, experiencing frequent blackouts that disrupt daily life and hinder development efforts. Exploring the nations grappling with the highest incidence of blackouts offers valuable insights into the complexities of energy infrastructure, governance, and regional dynamics that shape reliability disparities.  

Addressing the Impact of Power Outages: Leveraging Generators and UPS Systems 

Power outages represent a formidable challenge affecting both businesses and households on a global scale. With an average of seven electrical outage events occurring monthly, interruptions in power supply can stem from diverse factors, including natural disasters, equipment failures, cyberattacks, or inadequate infrastructure maintenance. 

Many entities turn to generators and Uninterruptible Power Supply (UPS) systems to mitigate the disruptive consequences of blackouts. Generators play a vital role in ensuring continuity of operations by converting fuel into electricity during outages. Meanwhile, UPS systems offer short-term power backup using batteries to safeguard against data loss and equipment damage. 

In the United States, power outages are commonplace, with notable incidents like the 2011 Southwest blackout impacting millions. However, the US market for generators and UPS systems is well-developed and characterized by a strong emphasis on reliability and efficiency. Various sectors, including healthcare, telecommunications, and data centres, heavily invest in backup power solutions to ensure seamless operations. 

Over the years, numerous major power outages have been recorded globally, affecting millions of individuals. Notable incidents such as the Northeast blackout of 2003, which impacted over 55 million people, underscore the vulnerability of power grids and highlight the critical importance of robust backup systems. 

The financial implications of power outages can be substantial, with losses running into billions of dollars in some cases. For example, a nationwide blackout in Romania in 2014 resulted in approximately US$1 billion in losses. Such events underscore the economic impact of inadequate power infrastructure and the pressing need for reliable backup solutions. 

According to industry reports, power outages cost the US economy between $18 and $33 billion annually. Additionally, the global market for portable generators is anticipated to reach $2.8 billion by 2026, with significant growth projected. These figures underscore the important financial implications of power outages and the escalating demand for reliable backup solutions in domestic and international markets. 

Global Impact of Power Outages on Businesses 

Power disruptions pose substantial financial burdens for businesses, with one in four companies in the U.S. experiencing monthly outages, amounting to an annual cost of $150 billion to the economy. In the manufacturing sector, even minor power flickers can trigger significant disruptions, potentially leading to equipment damage and supply chain interruptions. A mere hour of downtime can translate to losses exceeding $5 million for large manufacturers. Similarly, retailers encounter challenges during outages, with one in three experiencing monthly power losses, resulting in significant damages from spoiled goods and diminished customer satisfaction. 

Power outages have significant ramifications across various sectors. In manufacturing, interruptions halt production lines, causing material losses and supply chain disruptions, while equipment damage leads to substantial costs. The financial industry, especially stock markets, faces vulnerability due to the need for real-time processing, where even a minute of downtime results in considerable economic losses. In 2020, the US saw a 73% increase in outages, totalling 1.33 billion outage hours, attributed to extreme weather events. Additionally, IT systems and data centres rely heavily on uninterrupted power supply, with downtime leading to data loss, communication breakdowns, and financial setbacks. 

According to the Electric Power Research Institute (EPRI), power outages cost U.S. businesses an average of $5,000 per minute, impacting various industries differently. Additionally, a study in Ethiopia highlighted a 15% increase in firms’ costs due to outages, significantly affecting productivity and operational efficiency. 

Enhancing Grid Reliability: Collaborative Efforts of NRECA and NERC 

The National Rural Electric Cooperative Association (NRECA) is crucial in addressing blackouts and bolstering grid reliability through various initiatives. One key aspect is its advocacy efforts, such as expressing concerns about EPA regulations to mitigate blackout threats. Additionally, NRECA collaborates with the Department of Energy in a $58 million program dedicated to developing microgrids for remote communities, thereby enhancing grid resiliency.

The organization also explores innovative solutions like solar PV and battery storage systems to improve grid reliability further. Moreover, NRECA’s economic impact is substantial, supporting jobs and generating tax revenue. Its focus on community empowerment is evident through cooperative development initiatives.

Furthermore, NRECA extends its impact globally through NRECA International, providing reliable electricity to communities worldwide. Electric cooperatives’ investments totalled nearly $409 billion between 2018 and 2022, significantly impacting local economies. In addition to NRECA’s efforts, the North American Electric Reliability Corporation (NERC) plays a pivotal role in preventing blackouts. NERC’s initiatives include triennial reliability audits and establishing mandatory standards following the 2003 blackout.

These measures promote industry-wide readiness and reliability. NERC’s focus on enforcing standards, conducting audits, and adapting to industry trends ensures grid stability, particularly amidst integrating renewable energy and distributed energy resources. Recent actions by NERC include issuing essential alerts, revising standards, and closely monitoring grid reliability during weather events. Overall, the collaboration between NRECA and NERC underscores the collective commitment to enhancing grid reliability and preventing blackouts, ultimately ensuring the resilience of the electrical infrastructure.  

A close-up of a hand reaching out to touch a virtual animation, demonstrating the power of the company’s IoT technology.

Our Methodology  

Our methodology involved ranking countries experiencing the most blackouts globally, using the latest data for respective years. We operated under the assumption that power crises have a long-term horizon, suggesting that these countries are likely still grappling with power shortages. We relied on the World Bank for the accuracy of the data and ranked the list on the basis of the number of power outages in firms in these countries in a typical month.

Here is our list of the 20 countries with most blackouts in the world.

 20. Tanzania 

# of Monthly Blackouts in 2013: 8.90 

Tanzania, one of the countries with most blackouts in the world, faces significant challenges with power outages, causing disruptions to businesses and households. Initiatives like the Electricity Supply Monitoring Initiative (ESMI) track electricity service quality, particularly in Dar es Salaam, to improve customer experience. The MCC’s Tanzania Compact (2008-2013) aimed to enhance energy reliability in Zanzibar by installing a submarine cable, yet power cuts persist despite Tanzania’s energy potential. 

19. Sierra Leone 

# of Monthly Blackouts in 2017: 9.10 

Sierra Leone faces chronic power outages due to unpaid debts, corruption, and an energy crisis. Major blackouts stem from a $40 million debt to Karpowership, causing prolonged cuts in Freetown, which affects daily life, hampers productivity, and disrupts essential services. The economic crisis worsens the situation, with currency devaluation, inflation, and high subsidies for karpowership. Calls for investment in solar and hydropower emerge to reduce dependency on costly energy.  

18. Burkina Faso

# of Monthly Blackouts in 2009: 9.80 

Burkina Faso, one of the countries with most blackouts in the world, grapples with frequent power outages, adversely affecting businesses and the economy. Major blackout events have had detrimental effects on the population and finances. These outages occur frequently, with a significant percentage of firms experiencing disruptions. In 2009 alone, the country lost 5.8% of its sales due to power cuts, indicating the severe economic impact. Power outages have been shown to impede economic growth in Sub-Saharan Africa, including Burkina Faso. In 2013, there were 118 annual power outages, and in December 2009, approximately 91.9% of firms reported experiencing electrical disruptions. 

17. Myanmar 

# of Monthly Blackouts in 2016: 11 

Myanmar, a country with highest number of blackouts, faces severe power sector challenges, resulting in widespread blackouts due to conflict-related attacks, declining generation, and financial instability. Significant cities like Yangon, Mandalay, and Nay Pyi Taw experience outages. Financially, the sector suffers from currency depreciation, increased maintenance costs, and revenue declines. Industries, notably garments, are severely impacted, leading to reduced production and financial losses. 

16. Afghanistan  

# of Monthly Blackouts in 2014: 11.50 

Afghanistan grapples with significant blackouts, mainly due to unpaid electricity bills to neighboring countries and exacerbated by the Taliban’s takeover, resulting in a cash crunch. Unpaid bills amounting to $62 million risk power cuts, with only 38% of the population having electricity access. The financial impact is severe, with affected firms losing sales and industries suffering. Recent massive outages occurred after Uzbekistan halted electricity supplies. Mismanagement of the energy sector by the Taliban-led government reveals heavy reliance on imports and unreliable supply.  

15. DR Congo 

# of Monthly Blackouts in 2013: 12.30 

The Democratic Republic of Congo (DRC), one of the countries with highest number of blackouts, faces significant challenges despite its rich natural resources. Political instability, conflict, and a humanitarian crisis persist, with around 62% of the population living below $2.15 a day. DRC has one of the lowest electrification rates globally, with only 9% national access to electricity in 2015.  

14. Zambia  

# of Monthly Blackouts in 2019: 13.30 

Zambia standing fourteenth among the countries with most blackouts in the world, faces severe power outages due to low dam reservoir capacity and climate-induced droughts, with blackouts lasting up to 15 hours daily. Insufficient rainfall in 2015 worsened the crisis, leading to widespread load shedding. The manufacturing sector suffers significant losses, and distrust in the national utility, ZESCO, impedes investment in backup solutions. Previous underinvestment in the energy sector exacerbates the situation. Export-oriented firms are willing to pay more for reliable energy. The Energy Regulation Board’s role in setting tariffs for the mining sector is crucial for addressing these challenges. 

13. India 

# of Monthly Blackouts in 2014: 13.80  

India grapples with significant blackouts driven by supply-side misallocation and discretionary power plant outages. In 2022, around 34% of households experienced outages during high temperatures. Despite ample power plant supply and infrastructure, frequent blackouts persist. A significant blackout event in 2022 marked one of the worst power crises in six years, impacting firm productivity and household income. Rising electricity purchase costs lead to reduced power supply to consumers. The cost of preventing all blackouts is high for utilities, but reforms could make costs more reasonable by enhancing low-cost power plant availability. 

12. Burundi  

# of Monthly Blackouts in 2014: 16.60  

Burundi stands among the countries with the highest number of blackouts. During the 2015 political crisis, journalists faced pressure and financial difficulties, resulting in a media blackout. Social media restrictions during the 2020 elections hindered transparency. Since 2009, electricity shortages due to low investment and high demand post-conflict have led to systematic outages, hampering economic recovery, especially for small enterprises.  

11. Gambia  

# of Monthly Blackouts in 2018: 21.10 

In The Gambia, power outages significantly impact both the population and businesses. A country-wide Internet outage in 2022 lasting over 8 hours was attributed to technical issues with backup links. Historical blackouts have disrupted daily life and business operations, showcasing infrastructure vulnerability. Financially, blackouts lead to productivity loss, increased operational costs, and investment risks, affecting economic growth. 

10. Republic of the Congo 

# of Monthly Blackouts in 2009: 21.50 

The Republic of Congo faces significant power outages, affecting businesses and residents due to reliance on gas, hydropower, and diesel. The national utility, SNE, struggles with low collection rates, tariffs, and high electricity losses, causing financial strain. Conflict and violence exacerbate challenges for the population. In 2013, electrification rates were 42%, with losses in the distribution network exceeding 50%. Firms regularly experience power outages, impacting operations and productivity. 

9. Niger 

# of Monthly Blackouts in 2017: 22 

Nigeria faces significant blackouts due to system collapses and technical issues, impacting millions of people and businesses. The financial burden is substantial, with households and businesses resorting to costly alternatives like diesel generators. The removal of fuel subsidies exacerbates the financial strain. Recent blackout events caused power generation to plummet by 93.5%, resulting in near-total outages. Nigeria’s electricity generation typically operates far below its potential capacity of 12,500MW, exacerbating blackout challenges and highlighting infrastructure needs. 

8. Benin 

# of Monthly Blackouts in 2016: 28 

Benin, stands eighth among the countries with most blackouts in the world, and faces significant challenges in its electricity sector, leading to frequent power outages and blackouts. Heavy reliance on imports and underdeveloped domestic generation capacity exacerbates the issue. To achieve universal electrification by 2030, Benin requires substantial investments, ranging from 1.2 to 5.9 billion USD, which is crucial for improving energy infrastructure and reducing import dependency. 

7. Central African Republic 

# of Monthly Blackouts in 2011: 29 

The Central African Republic faces frequent blackouts with severe economic implications despite abundant natural resources. Businesses endure approximately 29 monthly power outages, resulting in over 25% loss in annual sales. 2,022 floods and fuel shortages halted the economy, exacerbating blackout impacts. Economic activity stagnated with zero real GDP growth. Around 71% of the population lives below the poverty line, and 56% require humanitarian assistance in 2023.  

6. Nigeria 

# of Monthly Blackouts in 2014: 32.80 

Nigeria stands sixth among the countries with most blackouts in the world, causing significant economic losses and challenges for its population. Major blackout events include a nationwide blackout in 2023 due to a transmission line fire and multiple grid collapses in 2022. Grid collapses have occurred over 200 times in the last nine years, leading to widespread blackouts. The economic cost of power shortages is $28 billion annually, with businesses losing $29 billion due to unreliable electricity. About 47% of Nigerians need access to grid electricity, relying heavily on generators despite the country’s installed capacity of 12,500 MW. Each 1% increase in power outages corresponds to a 2.86% decrease in GDP, reflecting significant losses for Nigeria. 

Click to see and continue reading the 5 Countries with Most Blackouts in the World.

Suggested Articles:

Disclosure. None: The 20 Countries with Most Blackouts in the World is originally published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 75%.

For a ridiculously low price of just $24, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

  • The Name of the Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
  • Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
  • Lifetime Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund ANYTIME, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

  1. Head over to our website and subscribe to our Premium Readership Newsletter for just $24.
  2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
  3. Sit back, relax, and know that you’re backed by our ironclad lifetime money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…