zondag 21 februari 2010

Venezuelan Government Invests in Electricity Infrastructure


At the beginning of this month, president Hugo Chavez has announced the creation of a special fund of 1 billion USD for the strengthening of the national electricity system. This new special fund will be used to finance different projects such as generation, distribution and operation projects.

In my opinion, this special fund must be followed by many more. Knowing that 70% of the Venezuelan people don’t have electricity or still have problems with the electricity supply, it is obvious that there is still a lot of work to do, especially in the northern regions. These problems with the electricity supply are mostly due to extreme weather conditions such as drought, rain, etc.

I think the government and experts now have to look into this problem to find a good and not-to-expensive solution for this. If the expenses are too high, the plan won’t be effective cause of the size of the country: only a certain region will be helped with this budget.

In addition, the government is planning to add 1,692 megawatts between now and May, and 2,315 megawatts in the second half of the year. Chavez urged the relevant ministers to speed up the installation and purchase of electricity generation plants.

These measures are certainly a step forward for Venezuela. This will help their development in the future and maybe make them a leading country in electricity supply.



This blog is based on the following article: http://www.venezuelanalysis.com/news/5114

Niels Roels

1 opmerking:

Liesbeth Masschelein zei

I think this is a very good project for Venezuela. Because Venezuela is taking on his own problems and helping the poorest people in the country. This is very needed especially if you imagine that we have had electricity for decades, to live without it is unthinkable.
Venezuela is going too a better country with better facilities.