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Industry Sector: Electrification

Electrification is a foundational pillar of Venezuela’s recovery.
Reliable electricity is essential for the production of oil and gas, mining, manufacturing, telecommunications, healthcare, water systems, tourism, education, and daily life.
Years of underinvestment and aging infrastructure have created instability that limits economic growth and foreign investment.
The irony is that Venezuela lacks the energy (electricity) to monetize its abundant energy. Thus the highest priority in the rebuild and is our starting point. Nothing happens without electricity.
Venezuela now has an opportunity to modernize through advanced technologies including distributed solar, battery storage, smart grids, microgrids, hybrid power systems, and decentralized generation.
Solving the challenge will require a coordinated effort among government, private industry, investors, engineers, universities, and international technology providers to build a resilient, modern energy infrastructure for the country’s rebuild. For a summary of our plan: [email protected]