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Electricity Sector In Venezuela
The electricity sector in Venezuela is one of the few in the world to rely primarily on hydroelectricity, which accounted for 64% in 2015 (71% in 2004). Electricity production In 2015, the total of electricity production reaches 117 TWh, of which 64% comes from hydro, 19% from gas and 17% from oil. Losses however are uncommonly high, reaching 34% of production. In 2015, Venezuela produced 75 TWh of hydropower, which accounts 1.9% of world's total, a small increase over the production of 2004 of 70 TWh . The installed capacity had however in 2012 reached 26 GW from a total of 13.76 GW at the end of 2002, where 4.5 GW were under construction and 7.4 GW planned. The World Energy Council energy resource report of 2010 estimates the gross theoretical hydropower production could reach 731 TWh per annum, of which 100 TWh are economically exploitable, an increase over the 320 TWh estimates of 2004. Hydroelectricity production is concentrated on the Caroní River in Guayana Region. Today ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hydroelectricity
Hydroelectricity, or hydroelectric power, is Electricity generation, electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other Renewable energy, renewable sources combined and also more than nuclear power. Hydropower can provide large amounts of Low-carbon power, low-carbon electricity on demand, making it a key element for creating secure and clean electricity supply systems. A hydroelectric power station that has a dam and reservoir is a flexible source, since the amount of electricity produced can be increased or decreased in seconds or minutes in response to varying electricity demand. Once a hydroelectric complex is constructed, it produces no direct waste, and almost always emits considerably less greenhouse gas than fossil fuel-powered energy plants. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tocoma Dam
The Manuel Piar Hydroelectric Power Plant (Tocoma Dam) is a stalled hydroelectric development project in the Lower Caroní River Basin of Venezuela. The project, started in 2006, includes the installation of MW to generate annual average energy of . As of 2019, the project is unfinished. The project was awarded to OIV consortium, consisting of Odebrecht (50%), Salini Impregilo (40%) and Vinccler (10%), with an initial budget US$ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...3,061 mil. Ten Kaplan generator units, of , manufactured by an Argentinian company , were predicted to begin operations between 2012 and 2014. These units had the world record as of 2012 in power generation at nominal head for Kaplan turbines. The diameter of the runner is and nominal head is with claim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2019 Venezuelan Blackouts
Nationwide recurring electrical blackouts in Venezuela began in March 2019. Experts and state-run Corpoelec (Corporación Eléctrica Nacional) sources attribute the electricity shortages to lack of maintenance and to a lack of technical expertise in the country resulting from a brain drain; Nicolás Maduro's administration attributes them to sabotage. Since March, various nationwide blackouts occurred in the country. The first widespread blackout began on 7 March 2019 at 4:56 pm local time (GMT-4); it lasted through 14 March, when power was restored to much of the country. It was the largest power outage in the country's history, and affected the electricity sector in Venezuela in most of its 23 states, as well as Roraima border state of Brazil, causing serious problems in hospitals and clinics, industry, transport and in water service. At least 43 deaths resulted. On 12 March, power returned to some parts of the country, but Caracas remained only partially powered an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Crisis In Venezuela
Venezuela has experienced a marked deficit in the generation of electrical energy. The immediate cause of the energy crisis was a prolonged drought that caused the water in the reservoir of the Simón Bolívar Hydroelectric Plant to reach very low levels. Although various measures were taken to overcome the crisis, one of the most controversial was the implementation of a program of electrical rationing throughout the country, except in the capital Caracas, which was ultimately officially suspended in June 2010, due to the recovery of reservoirs due to the rains, and not to interrupt the transmission of the 2010 FIFA World Cup. Power cuts have continued to occur in the interior of the country, although with less frequency and duration, this time driven by failures in other parts of the system. The situation of "electrical emergency" decreed by the government on 21 December 2009 was suspended on 30 November 2010; however, on 14 May 2011, after the country experienced two national bla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AES Corporation
The AES Corporation is an American utility and power generation company. It owns and operates power plants, which it uses to generate and sell electricity to end users and intermediaries like utilities and industrial facilities. AES is headquartered in Arlington, Virginia, and is one of the world's leading power companies, generating and distributing electric power in 15 countries and employing 10,500 people worldwide. AES Corporation is a global Fortune 500 power company. AES Ranks in the Top Ten of Fast Company's 2022 Best Workplaces for Innovators. History The company was founded on January 28, 1981, as Applied Energy Services by Roger Sant and Dennis Bakke, two appointees of the Federal Energy Administration under president Richard Nixon. The company was initially a consulting firm; it became AES Corporation, which went public in 1991. Sant was chairman, CEO, and president and Bakke was executive vice president until assuming the position of president in 1987. Bakke would ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electricidad De Caracas
Electricidad de Caracas ( BVCEDC is the integrated electricity company for Caracas, Venezuela and surrounding areas, with more than 1 million connections. It was acquired by AES Corporation in 2000 and sold to the state-owned oil company PDVSA in 2007, which now owns 93.62%. Paul Hanrahan, president and CEO of AES said the deal had been a fair process that respected the rights of investors. Since 2007 and the nationalization of the electricity generation and transportation, it has been incorporated into Corpoelec. See also * Energy policy of Venezuela Venezuela has the largest conventional oil reserves and the second-largest natural gas reserves in the Western Hemisphere. In addition Venezuela has non-conventional oil deposits ( extra-heavy crude oil, bitumen and tar sands) approximately equa ... References External links Connecting low-income consumers: AES in Venezuela Government-owned companies of Venezuela Caracas Companies listed on the Caracas Stock Exchange E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PDVSA
Petróleos de Venezuela, S.A. (PDVSA, ) (English: Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company. It has activities in exploration, production, refining and exporting oil as well as exploration and production of natural gas. Since its founding on 1 January 1976 with the nationalization of the Venezuelan oil industry, PDVSA has dominated the oil industry of Venezuela, the world's fifth largest oil exporter. Oil reserves in Venezuela are the largest in the world and the state-owned PDVSA provides the government of Venezuela with substantial funding resources. Following the Bolivarian Revolution, PDVSA was mainly used as a vital source of income for the Venezuelan government. Profits were also used to assist the presidency, with funds directed towards allies of the Venezuelan government. With PDVSA focusing on political projects instead of oil production, mechanical and technical statuses deteriorated while employee expertise was removed followin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corpoelec
Corpoelec is a fully integrated state power corporation of Venezuela. It was created in 2007 by merging ten state-owned and six private-owned power companies. , the president of the company, since 2015, is Luis Motta Domínguez, the Minister of Electricity and general of the Venezuelan Army. See also *Electricity sector in Venezuela The electricity sector in Venezuela is one of the few in the world to rely primarily on hydroelectricity, which accounted for 64% in 2015 (71% in 2004). Electricity production In 2015, the total of electricity production reaches 117 TWh, of which ... References External links Official website Electric power companies of Venezuela Venezuelan companies established in 2007 Energy companies established in 2007 Venezuelan brands {{venezuela-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporación Venezolana De Guayana
The Corporacion Venezolana de Guayana (CVG) is a decentralized state-owned Venezuela Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in th ...n conglomerate, located in the Guayana Region in the southeast of the country. Its subsidiaries include the aluminium producers Alcasa, Venalum and gold mining Minerven. External linksOfficial Website Conglomerate companies of Venezuela Government-owned companies of Venezuela Conglomerate companies established in 1960 Venezuelan companies established in 1960 Venezuelan brands {{Venezuela-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Macagua III
The Macagua Dam, officially known as Antonio José de Sucre, is an embankment dam with concrete gravity sections on the Caroní River in Ciudad Guayana, Bolívar State, Venezuela. It is upstream from the confluence of the Caroni and Orinoco Rivers, downstream of the Guri Dam and downstream of the Caruachi Dam. The dam's main purpose is hydroelectric power generation and it was later named after Antonio José de Sucre. Dam The Macagua Dam is a tall and long embankment dam with concrete gravity sections for each of the three different power stations. The dam supplies water to three power stations with a generation capacity of . Power plants Macagua I Macagua I was constructed from 1956 to 1961 and it contains 6 x Francis turbine-generators for an installed capacity of . Currently, Macagua I is undergoing a refurbishment in order to increase the capacity of each generator from 64 MW to . The first generator was complete in 2010, the second is expected to be completed i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Energy Agency
The International Energy Agency (IEA) is a Paris-based autonomous intergovernmental organisation, established in 1974, that provides policy recommendations, analysis and data on the entire global energy sector, with a recent focus on curbing carbon emissions and reaching global climate targets, including the Paris Agreement. The 31 member countries and 11 association countries of the IEA represent 75% of global energy demand. The IEA was set up under the framework of the Organisation for Economic Co-operation and Development (OECD) in the aftermath of the 1973 oil crisis to respond to physical disruptions in global oil supplies, provide data and statistics about the global oil market and energy sector, promote energy savings and conservation, and establish international technical collaboration on innovation and research. Since its founding, the IEA has also coordinated use of the oil reserves that its members are required to hold. In subsequent decades, the IEA's role expanded t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Macagua II
The Macagua Dam, officially known as Antonio José de Sucre, is an embankment dam with concrete gravity sections on the Caroní River in Ciudad Guayana, Bolívar State, Venezuela. It is upstream from the confluence of the Caroni and Orinoco Rivers, downstream of the Guri Dam and downstream of the Caruachi Dam. The dam's main purpose is hydroelectric power generation and it was later named after Antonio José de Sucre. Dam The Macagua Dam is a tall and long embankment dam with concrete gravity sections for each of the three different power stations. The dam supplies water to three power stations with a generation capacity of . Power plants Macagua I Macagua I was constructed from 1956 to 1961 and it contains 6 x Francis turbine-generators for an installed capacity of . Currently, Macagua I is undergoing a refurbishment in order to increase the capacity of each generator from 64 MW to . The first generator was complete in 2010, the second is expected to be completed i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
