ASSESSMENTS

Venezuela: The Electricity Crisis

Jan 5, 2010 | 13:12 GMT

Employees of Venezuela's national electric company in San Fernando de Apure, Venezuela on Oct. 2, 2008

THOMAS COEX/AFP/Getty Images

Summary

Venezuela's electricity sector, already suffering from years of underdevelopment and overuse, has been impaired by a drought that has seriously impacted the country's hydroelectric power generation. The crisis has dire implications for the country's economic situation, and the government does not appear to have a comprehensive plan to address the challenge.

Venezuela's long-struggling electricity sector has been hit hard by a drought, and the government may be in trouble if it does not come up with a plan....

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