Venezuela and IMPSA seek to renegotiate key hydroelectric contract amid National Assembly reforms
Latest developments in the crisis of the National Electric System.
Electricity
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Recovering the Electrical Grid: The Key to Venezuela’s Economic Growth
The Venezuelan electrical system has positioned itself as one of the most sensitive axes in the conversation between the State and the private sector, amid attempts to reactivate the national economy.
Minister Jorge Márquez: Venezuela to Reactivate Electricity Supply to Colombia and Brazil
Venezuela’s Minister of Electric Energy, Jorge Márquez, announced on Wednesday that agreements have been established to reactivate electricity supply to Colombia and Brazil.
Venezuela Reduces Work Hours Due to Energy Crisis: Thermoelectric Plants Out of Service
The Venezuelan government will implement a reduction in the public sector workday to four and a half hours per day, along with a “1×1” work schedule (one day on, one day off), starting this Monday, citing a “climate emergency” affecting hydroelectric reservoirs. However, experts argue that the measure exposes the collapse of the country’s thermoelectric system, which has been neglected due to lack of maintenance.
Brazil Resumes Electricity Imports from Venezuela
On February 15, Brazil resumed importing electricity from Venezuela to supply the northern state of Roraima, according to Reuters.