South America
VenezuelaVenezuela's National Assembly to reform Electric System Law
Venezuela's National Assembly is set to approve a reform of the Electric System Law, allowing private companies to participate in electricity generation and commercialization to address persistent supply issues.
Background
Venezuela has faced a prolonged economic crisis, leading to widespread shortages and deterioration of public services, including electricity. The government has historically maintained state control over key industries, but persistent infrastructure challenges have prompted discussions about potential reforms and private sector involvement.
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Venezuela's National Assembly to reform Electric System Law
First report 16h agoLast update 16h agoThe reform aims to improve electricity supply by allowing private companies to generate and commercialize power, with measures to protect consumers and industry.
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