Why is the Venezuelan energy crisis a paradox?

Such paradox is part of the Venezuelan energy crisis that causes severe consequences to Venezuelan society. In addition to the underutilization of renewable resources, at the beginning of the 21st century, Venezuela faced worse scenarios.

Are wind and solar projects competitive in Venezuela?

In general, experts warn that the existing Venezuelan regulatory framework makes wind and solar projects not competitive and this creates additional risks for the development of such energy potential , , . The severity of all such factors evidence the difficulties to develop a sustainable energy sector in Venezuela , .

What is the Venezuelan energy framework?

The Venezuelan energy framework Venezuela plays an important role in global energy markets. Along with the rest of Latin American countries, it has evidenced different stages on its energy evolution. The understanding of some relevant facts about this sector is needed to evaluate current conditions and challenges.

Does Venezuela have an energy crisis?

Some are successful in their attempt to optimize their energy resources while others are not. This is the case of Venezuela, which faces a contradictory energy performance. Despite its substantial available renewable and non-renewable energy resources, it presents a severe energy crisis.

Are there any official records about wind and solar projects in Venezuela?

Regrettably, there are no official records about them . In general, experts warn that the existing Venezuelan regulatory framework makes wind and solar projects not competitive and this creates additional risks for the development of such energy potential , , .

Does Venezuela have a micro-hydro energy mix?

The study evaluated the energy provided by micro- or mini-hydro, wind, PV, biomass or hybrid energy in some Latin American countries in 2012 and found that unlike the other nations evaluated, there were no reports of this kind of energies in the Venezuelan energy mix for 2012.