Venezuela’s power grid generates less than 40% of its installed capacity, expert says

Venezuela has an estimated installed capacity of 34 gigawatts (GW) but generates approximately 13 GW against demand of 16 GW. Underinvestment, infrastructure failures, and the loss of skilled personnel are hindering the country’s industrial recovery. The Daily Journal – Venezuela’s electricity system generates approximately 13 gigawatts (GW), less than 40% of its estimated installed capacity […]

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GE Vernova plans to add one gigawatt of new power capacity within two years

CARACAS — GE Vernova expects to bring one gigawatt of new, reliable power generation capacity online in Venezuela within the first 24 months of implementing its agreement to modernize and expand the country’s energy infrastructure, according to a fact sheet released Friday by the U.S. Embassy. The projection is part of a broader plan to […]

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U.S. technical team conducts assessment of Guri Dam

The Daily Journal – Technicians from the U.S. Department of Energy and the Pacific Northwest National Laboratory (PNNL) assessed the Guri Dam, Venezuela’s main source of electricity generation, which supplies more than 60% of the country’s power. The assessment falls under the U.S. Department of State’s Power Sector Program. It represents part of the three-phase […]

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