Reinventing Venezuela’s Struggling Electricity Sector
Having enough electricity is key to the nation’s post-Maduro recovery. Two experts offer a way forward.
At the turn of the century, the 30‑second elevator pitch for Venezuela’s electricity sector was compelling: one of the best integrated electricity systems in Latin America, with more than 30 GW of state‑of‑the‑art hydroelectric and thermal generation, around 30,000 kilometers of transmission lines with a robust interconnected grid supporting a distribution network of nearly 130,000 kilometers. In the 2000s, the country ranked third in Latin America after Brazil and Mexico in terms of installed capacity, and had the highest electricity consumption per capita in South America....
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