President Hugo Chavez intervened in the sector and announced the creation of a new Ministry of Electricity

ah yes, solution to da problem, a new Ministry of Electricity, all that needed now to generate more electricity is a threadmill and a plug for this new minister azz... lmao at these fools

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I. Venezuela Announces Special Measures to Boost Electricity Production, Lower
Electricity has been a contentious issue lately in Venezuela. In October, after a growing energy crisis, President Hugo Chavez intervened in the sector and announced the creation of a new Ministry of Electricity. Meanwhile, across much of the Venezuela, electricity has been rationed over the past two months through daily rolling power outages. Last Wednesday, the Venezuelan government announced a series of new measures to reduce the consumption and increase the production of electricity. To reduce consumption, the state electricity corporation, CORPOELEC, will charge higher rates to consumers who exceed a certain level of kilowatt hours. The government will also revamp its two year-old “Energy Revolution” light bulb exchange program by replacing nearly 75 million incandescent light bulbs with fluorescent, energy-saving bulbs. The government announced plans to restrict the importation of appliances that do not meet certain energy efficiency requirements. To increase the supply of electricity, the government will invest nearly $200 million US dollars to accelerate construction that is underway on new thermoelectric and hydroelectric infrastructure nation-wide. Venezuela has a goal of expanding the public sector electricity generating capacity by nearly 1500 megawatts by the end of this year. The government will also provide financial incentives for private businesses to provide for all or part of their own energy needs, and contribute any excess energy they produce back to the public electricity grid. According to Energy Minister Rafael Ramirez, Venezuela’s private business sector, industry and public institutions account for approximately 60% of national electricity consumption. Consumption http://www.venezuelanalysis.com/news/4919


II. Chavez Comments Spark Discontent Among Venezuelan Electrical Workers
The moves come on the heels of comments made by Venezuelan President Hugo Chavez two weeks ago that implied that Venezuela’s Federation of Electrical Sector Workers (FETRAELEC) was acting to sabotage the electricity sector by “threatening a conflict.” The comments sparked indignation among electrical workers, who have been in negotiations for a single industry-wide collective contract with the management of the state-owned electricity company CORPOELEC for over a year. CORPOELEC was formed in 2007 after the sector was nationalized and fourteen regional electricity companies, were merged into a single entity. However, workers say that the management of the regional companies have opposed the nationalization process, and are acting to impede a single collective contract. Union president, Angel Navas, responded to Chavez’s comments explaining that they are not threatening a strike as the opposition media has reported. The workers are demanding participation in the management of the company, a hefty wage increase and compensation for the 14 months since their last collective contract expired. http://www.venezuelanalysis.com/news/4901