ASSESSMENTS

Colombia, Venezuela: Offering Power -- For a Price

Mar 5, 2010 | 20:22 GMT

THOMAS COEX/AFP/Getty Images

Summary

The water level of the Guri dam, which generates 63 percent of Venezuela's electricity, may drop to 240 meters above sea level in early April, according to Venezuelan officials. Such a drop could leave 40 percent of the country without power. As the electricity situation deteriorates, Caracas will have little choice but to turn to its neighbor and rival, Colombia, for help. That help, however, will come at a high political price.

With the water level approaching crisis levels for Venezuela's most crucial hydroelectric dam, Caracas will have to turn to its regional rival, Bogota, to keep the lights on....

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