A government official told Reuters news agency the country's two largest power stations, Deir Ammar and Zahrani, had shut down because of a fuel shortage.
The power grid "completely stopped working at noon today" and was unlikely to restart for several days, he said.
For the past 18 months Lebanon has endured a severe economic crisis which has got worse amid fuel shortages.
That crisis has left half its population in poverty, crippled its currency and sparked major demonstrations against politicians.
A lack of foreign currency meanwhile has made it hard to pay overseas energy suppliers.
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