Venezuela Thermal Plants at 25-30% of Capacity

(Energy Analytics Institute, Piero Stewart, 23.Jul.2018) – Venezuela’s thermal generation plants in Caracas are only operating at 25% to 30% of capacity, and units 7, 8 and 9 of the Tacoa plant in Vargas state are halted due to damage.

The situation in other parts of this OPEC country, such as Zulia state, are more serious, reported the daily newspaper El Nacional, citing union official Reinaldo Díaz.

Plants in Zulia such as Ramón Laguna, Termozulia and Rafael Urdaneta are currently only generating 350 megawatts (MW) of their installed capacity of 2,000 MW.

Such insufficiency to satisfy demand in Maracaibo has forced city officials in this major petroleum region to implement daily rolling power outages of a minimum of 5 hours with some lasting more than 8 hours, according to local television reports of residents in the affected areas.

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Author: ENERGY ANALYTICS INSTITUTE (EAI)

Energy Analytics Institute (EAI) is a Houston-based independent think-tank providing unbiased research, analysis, commentaries, opinions and breaking news related to the petroleum sectors in the Latin American and Caribbean regions.

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