Renewable Energy
Are there any regulations requiring a percentage of energy consumption to come from renewable sources?

While there are currently no national regulations mandating a specific percentage of energy consumption to come from renewable sources in Venezuela, there are indications that this may change in the near future.

Here’s a breakdown of the current situation and future prospects:

Current situation

  • There is an absence of established regulations requiring a minimum percentage of energy generation from renewable sources.
  • This hinders progress toward a more diversified energy matrix reliant on sustainable options.

Future prospects

  • The recently introduced Bill on Renewable and Alternative Energies offers a promising outlook.
  • This bill aims to promote and regulate renewable energies, potentially paving the way for future regulations mandating a minimum renewable energy quota.
  • The specific details regarding percentages or timelines might still be under development, so staying informed about the bill’s progress is crucial.