 | This article needs to be updated. (April 2019) |
The electricity sector in Venezuela is heavily dependent on hydroelectricity, with this energy source accounting for 64% of the country's electricity generation in 2021.[1] The country relies on six hydroelectric plants, with Central Hidroeléctrica Guri providing the majority of this capacity. In 2021, natural gas and petroleum contributed 25% and 11% to electricity generation, respectively. Managed by CORPOELEC, the sector has declined due to outdated infrastructure and insufficient investment, reducing generation from 120 billion kWh in 2013 to 95 billion kWh in 2021. Despite a 99% electrification rate in 2019, frequent power outages have worsened, peaking with a nationwide blackout in 2019 and increasing by 22% from 2021 to 2022. Fuel shortages have also hampered power plant operations.[2]
- ^ "International - U.S. Energy Information Administration (EIA)". www.eia.gov. Retrieved 2024-02-12.
- ^ "Venezuela analysis". www.eia.gov. February 8, 2024.
This article incorporates text from this source, which is in the public domain.
