Venezuela power sector ‘mishandled’ says expert

Government’s mishandling of the electricity sector for 17 years, on top of the recent drought, is set to aggravate the crisis in Venezuela’s power sector according to the expert Miguel Lara, former general manager of the Office of Operations of Interconnected Systems (OPSIS).

“This whole crisis in the electricity sector has been caused by the bad decisions of the government, especially since 2009, but the current drought exposed its inefficiency,” Lara told the Notimex news service.

Lara said that, before the drought, “it was logical for the authorities to work on thermal plants which cost Venezuelans $40 billion” to compensate for the lack of hydroelectric power generation.

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