Venezuelan government signs agreement with General Electric: 1,000 megawatts to join the power grid within two years

The Daily Journal — The strategic agreement signed Monday between the Venezuelan government and General Electric will add 1,000 megawatts to the National Electric System (SEN) within two years and more than 5,000 megawatts over the next four years, President Delcy Rodríguez said. Roger Martella, Chief Corporate Officer of General Electric Vernova, stated that the […]

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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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