Venezuela: A Petro-State Using Renewable Energies

by Germán Massabié

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Description

In spite of the economic role of oil, Venezuela has started developing hydroelectricity since the 1950s. The adoption of this renewable energy source was part of a development policy to produce and manufacture industrial goods. At present, the country is trying to introduce additional renewable energy sources (RES) but still has to overcome a series of hurdles in order to deploy them. Unlike other developing countries, oil countries such as Venezuela do not lack financial means and sometimes sho