This 2500 word article analyzes provides a deep dive into Venezuela’s electricity sector crisis and its central role in the country’s economic recovery, highlighting ongoing discussions between the government, private sector, and international actors about rebuilding the national electrical grid. Chronic power outages and instability—largely attributed to the state-owned utility Corpoelec—continue to affect households, industry, and especially oil production. The Trump administration has identified the electrical sector as one of four pillars of its economic strategy for Venezuela, alongside oil, gas, and mining.
Since late 2025, Venezuelan authorities have intensified consultations with business organizations to explore public-private partnerships and other mechanisms to modernize and finance the power system. Industry groups including the Venezuelan Petroleum Chamber, the Venezuelan Construction Chamber, and the Infrastructure Commission of Fedecámaras are working on technical proposals. Tiziana Polesel, vice-president of Fedecámaras, has supported mixed public-private management models. Meanwhile, Conindustria, led by Tito López, announced a plan financed by CAF – Development Bank of Latin America to rehabilitate power plants in Carabobo, estimating that full recovery of the system could require about $24 billion in investment.
Institutionally, Delcy Rodríguez appointed electrical engineer Rolando Alcalá as Minister of Electric Power, replacing General Jorge Márquez Monsalve, signaling a shift toward more technical leadership.
The report also highlights regional energy integration efforts. Ecopetrol, ISA, and PDVSA are evaluating the reactivation of the Antonio Ricaurte Gas Pipeline and electricity interconnections with Colombia, while Colombian official Palma has discussed cooperation with Jarahn Hillsman of the U.S. Embassy in Colombia. Brazil has also explored importing electricity for Roraima, supported by regulator Aneel and energy trader Bolt Energy.
Experts such as Miguel Lara and José Aguilar caution that past financing proposals involving CAF and the United Nations Development Programme (UNDP) raised transparency concerns, underscoring the complexity of rebuilding Venezuela’s electrical infrastructure. All of this is described in detail in this 2507 words reported on by Guacamaya’s Luis Alejandro Ruiz . See full story.
