Venezuela has experienced a continuous electricity crisis, with rolling blackouts which have become progressively worse since 2010, culminating in a week-long outage over most of the country in March 2019.
The importance of reliable power for the country’s development and humanitarian services – such as hospitals and water – cannot be overstated. In light of a new Chatham House paper, supported by the UK Foreign, Commonwealth and Development Office, investigating the possibility and potential pathways for reforming the sector, this panel explores such questions as:
- The root causes of the crisis affecting the system;
- What reforms may be required in order to encourage international investment; and
- What should be prioritized in rebuilding the country’s electricity sector?