Enigin News

Enigin News

Enigin News - Venezuela Cuts Power to Over 80 Companies


RESTAURANTS, liquor stores, hotels, gyms, car dealerships and a yacht club are on the list of 81 companies in the Venezuelan capital Caracas that will have their power cut on Monday for failing to bring consumption down 20 percent, the state utility said.

Even the local unit of Sony Corp will also be affected.

As we have reported previously, Venezuela’s President Hugo Chavez's government has introduced strict rationing, and has demanded power cuts across the country, to cope with an electricity shortage that is jeopardizing Venezuela's ability to pull out of a recession.

Enigin Distributors in the region can help businesses to become energy efficient – not just for this crisis – but in the long term through intelligent and calculated energy saving measures that will protect profits by saving money and emissions.

A drought caused by the El Nino weather phenomenon hit the hydroelectric sector, which produces more than 70 percent of Venezuela's electricity.

Forced into considering energy efficiency many businesses realize how much energy and hence cost can be saved through managing their energy use, but they have been forced to this conclusion by punitive laws.

In a carrot-and-stick approach to businesses, state power firm Electricidad de Caracas published the list of companies that had been unsuccessful in reducing their consumption by the20 percent reduction target and hence will have their power cut today.

If the companies to be sanctioned do not improve their energy-saving performance in the future, they face a three-day cutoff then possible indefinite power suspension, officials have said.

Chavez said Venezuela's planned addition of nearly 6 gigawatts of thermoelectric energy this year would help solve the national electricity emergency.

Monday 22nd March 2010