Draft reform of the electricity system leaves loose ends that could prolong the sector’s crisis

The Daily Journal. — The National Assembly approved the draft reform of the Organic Law of the Electricity System and Service in its first discussion. The proposal does not pursue privatization of the sector; instead, it introduces a model of temporary concessions in which the State keeps full ownership of the infrastructure. Electromechanical engineer Juan […]

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Venezuela Reforms Law to Open the Electricity Sector to Private Capital

The Daily Journal — In a strategic shift for the country’s energy policy, the National Assembly unanimously approved the Partial Reform Bill of the Organic Law of the Electric System and Service during its first debate on Thursday. The national executive submitted the bill, which opens the sector to private and mixed capital under a […]

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