Venezuela watch: Solar-wind hybrid, thermo repairs, electricity subsidies

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Monday, July 28, 2014

Venezuelan state electricity firm Corpoelec installed two wind-solar hybrid generators in Mérida state's remote community of Cañada Las González, power ministry MPPEE said in a release.

The generators have a combined 61kW peak capacity and are part of Venezuela's Siembra de Luz (electricity seeding) program.

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Under the program some 3,353 renewable energy systems have been installed, providing 2,931kW peak capacity to low-access areas, the release said.

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The upgrade and rehabilitation of the Luisa Cáceres de Arismendi thermoelectric plant on Margarita island will be finished by the end of September, energy minister Jesse Chacón said in a report by state news service AVN.

The works will add 48MW to the power plant's capacity and convert it from diesel to natural gas, Chacón added.

Margarita island is part of Venezuela's Nueva Esparta state, which is slated to be connected to the mainland by the end of the year through a subsea power cable.

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Local newspaper El Universal revealed further details on Venezuela's forthcoming electricity subsidy changes.

Venezuela's current subsidiary system covers approximately 80% of costs. According to the report residential users who exceed their electricity cap will face reduced subsidies of 10-40%, while subsidies for commercial users who exceed their limit will drop to 10-20%.

BNamericas will host its fourth LatAm Power Generation Summit in Santiago, Chile, on August 13-14. Click here to download the agenda.