Tag: industrial recovery

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

Tatiana Da GamaLeave a Comment on 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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Venezuela needs up to $2.3 billion to revive its aluminum industry

Tatiana Da GamaLeave a Comment on Venezuela needs up to $2.3 billion to revive its aluminum industry

The Daily Journal — Venezuela would need between $1.6 billion and $2.3 billion to restore its aluminum industry, according to estimates that industry experts presented during a conference organized by the IDEAS for Venezuela Group. Roberto Arredondo, an international aluminum market specialist, said the latest estimate exceeds the figures from a 2024 McKinsey study, which […]

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