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Venezuela Power Market Outlook to 2030, Update 2018 - Market Trends, Regulations and Competitive Landscape

Venezuela Power Market Outlook to 2030, Update 2018 - Market Trends, Regulations and Competitive Landscape

Summary

Annual Power consumption in Venezuela grew from 61.8 terawatt hours (TWh) in 2000 at a compound annual growth rate (CAGR) of 1.4% till 2017. Generation grew from 82.6 TWh to 119.4 TWh over the same period, largely driven by growth in thermal power generation.The residential sector is one of the country’s strongest drivers of power consumption, due to which growth in electricity consumption sustained even until 2013 when the country’s GDP was going downhill.

Hydropower fulfills the majority of Venezuela’s power requirements. It accounted for over 45% of the total installed capacity in 2017. However, Hydropower generation has some inherent risks, as witnessed in the past when drought conditions caused rolling blackouts due to overdependence on this sector.

Venezuela’s economy, highly dependent on oil exports, is influenced strongly by trends in global oil prices. The need to reserve oil and gas production for exports is likely to delay any significant expansion in thermal power generation capacity in the forecast period, leaving only the renewable sector with any room for expansion.

Venezuela’s renewable power sector is expected to be one of the highest growth sectors in the 2018-2030 forecast period with a CAGR of 4.1% due to the government’s focus on developing alternative sources of power generation. However, a lack of specific incentives for renewables, along with the nationalization of significant economic sectors, is holding back investment, which is the biggest challenge for this sector.

The report Venezuela Power Market Outlook to 2030, Update 2018 - Market Trends, Regulations and Competitive Landscape, elaborates Venezuela's power market structure and provides historical and forecast numbers for capacity, generation, and consumption up to 2030. Detailed analysis of the Venezuelan power market’s regulatory structure, import and export trends, competitive landscape, and power projects at various stages of the supply chain is provided. The report also gives a snapshot of the power sector in Venezuela on broad parameters of macroeconomics, supply security, generation infrastructure, transmission infrastructure, degree of competition, regulatory scenario, and future potential. An analysis of the deals market scenario in the country’s power sector is also included in the report.

Moreover, this report provides the following -

  • Snapshot of the country’s power sector across parameters - macro economics, supply security, generation infrastructure, transmission infrastructure, degree of competition, regulatory scenario and future potential of the power sector.
  • Statistics for installed capacity, power generation and consumption from 2000 to 2017, forecast for the next 13 years to 2030
  • Break-up by technology, including thermal, hydro, renewable and nuclear
  • Data on leading current and upcoming projects
  • Information on grid interconnectivity, transmission and distribution infrastructure and power exports and imports
  • Policy and regulatory framework governing the market
  • Detailed analysis of top market participant, including market share analysis and SWOT analysis.
Companies mentioned in this report: Corporacion Electrica Nacional SA, Petroleos de Venezuela SA

Scope
  • Snapshot of the country’s power sector across parameters - macro economics, supply security, generation infrastructure, transmission infrastructure, degree of competition, regulatory scenario and future potential of the power sector.
  • Statistics for installed capacity, power generation and consumption from 2000 to 2017, forecast for the next 13 years to 2030
  • Break-up by technology, including thermal, hydro, renewable and nuclear
  • Data on leading current and upcoming projects
  • Information on grid interconnectivity, transmission and distribution infrastructure and power exports and imports
  • Policy and regulatory framework governing the market
  • Detailed analysis of top market participant, including market share analysis and SWOT analysis.
Reasons to buy
  • Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s power sector
  • Identification of key factors driving investment opportunities in the country’s power sector
  • Facilitate decision-making based on strong historic and forecast data
  • Develop strategies based on the latest regulatory events
  • Position yourself to gain the maximum advantage of the industry’s growth potential
  • Identify key partners and business development avenues
  • Identify key strengths and weaknesses of important market participants
  • Respond to your competitors’ business structure, strategy and prospects.


1 Table of Contents
1.1 List of Tables
1.2 List of Figures
2 Executive Summary
2.1 Venezuela, Power Sector Outlook
3 Introduction
3.1 GlobalData Report Guidance
4 Venezuela, Power Market, Snapshot
4.1 Macroeconomic Factors
4.2 Supply Security
4.3 Opportunities
4.4 Challenges
5 Venezuela, Power Market, Market Analysis
5.1 Venezuela, Power Market, Market Structure
5.2 Venezuela, Power Market, Key Market Players
5.3 Venezuela, Power Market, Financial Deals
5.3.1 Deal Value and Volume Analysis, 2008-March 2018
5.3.2 Deals by Type, 2017
5.4 Venezuela, Power Market, Demand Structure
5.4.1 Power Consumption by Sector, 2017
6 Venezuela, Power Market, Regulatory Scenario
6.1 Venezuela, Power Market, Regulatory Framework
6.2 Venezuela, Power Market, Key Policies
6.2.1 Development Plan for the National Electric System, 2013-2019
6.2.2 Electric Service Law
6.2.3 Electricity Law
6.2.4 2009 Pilot Plan for Wind Power Generation
6.2.5 Law of Rational and Efficient Use of Energy
6.2.6 Renewable Energy Development
6.2.7 National Renewable Energy Registry
6.2.8 Sowing Light Program (Sembrando Luz)
6.2.9 Energy Efficiency
7 Venezuela Power Market, Capacity and Generation Overview
7.1 Venezuela, Power Market, Cumulative Installed Capacity, 2000-2030
7.1.1 Installed Capacity by Fuel Type, 2017
7.2 Cumulative Installed Capacity and Annual Generation, 2000-2030
7.2.1 Cumulative Installed Thermal Power Capacity and Annual Thermal Power Generation, 2000-2030
7.2.2 Cumulative Installed Hydropower Capacity and Annual Hydropower Generation, 2000-2030
7.2.3 Cumulative Installed Non-hydro Renewable Power Capacity and Annual Non-hydro Renewable Power Generation, 2000-2030
8 Venezuela, Power Market, Transmission and Distribution Overview
8.1 Venezuela, Power Market, Transmission Network Overview
8.2 Venezuela, Power Market, Distribution Network Overview
8.3 Venezuela, Power Market, Transmission and Distribution Future Plans
8.4 Venezuela, Power Market, Grid Interconnection
8.5 Venezuela, Power Market, Electricity Import and Export Trends, 2000-2017
8.6 Venezuela, Power Market, Electricity Trading
9 Venezuela, Power Market, Competitive Landscape: Snapshot of Leading Power Generating Companies
9.1 Key Company in the Venezuela Power Market: Corporacion Electrica Nacional SA
9.1.1 Company Overview
9.1.2 Business Description
9.1.3 SWOT Overview
9.2 Key Company in the Venezuela Power Market: Petroleos de Venezuela SA
9.2.1 Company Overview
9.2.2 Business Description
9.2.3 SWOT Overview
10 Appendix
10.1 Market Definitions
10.1.1 Power
10.1.2 Installed Capacity
10.1.3 Electricity Generation
10.1.4 Electricity Consumption
10.1.5 Thermal Power Plant
10.1.6 Hydropower Plant
10.1.7 Nuclear Power
10.1.8 Renewable Energy Resources
10.2 Abbreviations
10.3 Bibliography
10.4 Methodology
10.5 Coverage
10.5.1 Secondary Research
10.5.2 Primary Research
10.5.3 Modeling and Forecasting
10.6 Contact Us
10.7 Disclaimer
1.1 List of Tables
Table 1: Power Market, Venezuela, Gross Domestic Product (VEF and $bn), Population (m), and Annual Power Consumption (TWh), 2000-2022
Table 2: Power Market, Venezuela, Market Share of Leading Power Generation Companies (%), 2017
Table 3: Power Market, Venezuela, Deal Value ($bn) and Number of Deals, 2008-March 2018
Table 4: Power Market, Venezuela, Annual Power Consumption (TWh), 2000-2030
Table 5: Power Market, Venezuela, Power Consumption by Sector (%), 2017
Table 6: Power Market, Venezuela, Cumulative Installed Capacity by Fuel Type (%), 2017
Table 7: Power Market, Venezuela, Cumulative Installed Capacity (GW) and Annual Power Generation (TWh), 2000-2030
Table 8: Power Market, Venezuela, Leading Thermal Power Plants (MW), 2018
Table 9: Power Market, Venezuela, Cumulative Installed Thermal Power Capacity (GW) and Annual Thermal Power Generation (TWh), 2000-2030
Table 10: Power Market, Venezuela, Leading Hydropower Plants (MW), 2018
Table 11: Power Market, Venezuela, Cumulative Installed Hydropower Capacity (GW) and Annual Hydropower Generation (TWh), 2000-2030
Table 12: Power Market, Venezuela, Leading Non-hydro Renewable Power Plants (MW), 2017
Table 13: Power Market, Venezuela, Cumulative Installed Non-hydro Renewable Power Capacity (GW) and Annual Non-hydro Renewable Power Generation (TWh), 2000-2030
Table 14: Power Market, Venezuela, Transmission Line Length (Ckm) by Voltage Levels, 2007-2025
Table 15: Power Market, Venezuela, Distribution Line Length (Ckm) by Voltage Levels, 2007-2025
Table 16: Power Market, Venezuela, Annual Electricity Imports and Exports (TWh), 2000-2017
Table 17: Power Market, Venezuela, Corporacion Electrica Nacional SA, SWOT Profile, 2018
Table 18: Power Market, Venezuela, Petroleos de Venezuela SA, SWOT Profile, 2018
Table 19: Abbreviations
1.2 List of Figures
Figure 1: Power Market, Venezuela, Gross Domestic Product ($bn) and Annual Power Consumption (TWh), 2000-2017
Figure 2: Power Market, Venezuela, Annual Power Consumption and Generation (TWh), 2000-2017
Figure 3: Power Market, Venezuela, Cumulative Installed Capacity by Fuel Type (%), 2017
Figure 4: Power Market, Venezuela, Gross Domestic Product ($bn), Population (m), and Annual Power Consumption (TWh), 2000-2022
Figure 5: Power Market, Venezuela, Market Share of Leading Power Generation Companies (%), 2017
Figure 6: Power Market, Venezuela, Deal Value ($bn) and Number of Deals, 2008-March 2018
Figure 7: Power Market, Venezuela, Annual Power Consumption (TWh), 2000-2030
Figure 8: Power Market, Venezuela, Power Consumption by Sector (%), 2017
Figure 9: Power Market, Venezuela, Cumulative Installed Capacity by Fuel Type (%), 2017
Figure 10: Power Market, Venezuela, Cumulative Installed Capacity (GW) and Annual Generation (TWh), 2000-2030
Figure 11: Power Market, Venezuela, Cumulative Installed Thermal Power Capacity (GW) and Annual Thermal Power Generation (TWh), 2000-2030
Figure 12: Power Market, Venezuela, Cumulative Installed Hydropower Capacity (GW) and Annual Hydropower Generation (TWh), 2000-2030
Figure 13: Power Market, Venezuela, Cumulative Installed Non-hydro Renewable Power Capacity (GW) and Annual Non-hydro Renewable Power Generation (TWh), 2000-2030
Figure 14: Power Market, Venezuela, Annual Electricity Imports and Exports (TWh), 2000-2017

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