Venezuela Electricity

80.13TWh+11.4% YoY
63.35TWh+37.4% YoY
Generation Mix (2024)
Fossil Fuels (oil + gas + coal)
(nuclear + renewables) Low-Carbon
8.9%91.1%

Electricity Generation in Venezuela

  • Net electricity generation in Venezuela reached 80.13 terawatt-hours in 2024 (#42 in the world), an increase of 11.4% from 71.96 terawatt-hours in 2023. This is equivalent to 0.26% of global electricity generation.
  • In 2024, fossil fuels generated 8.9% (7.1 terawatt-hours) of electricity in Venezuela and renewables 91.1% (73.03 terawatt-hours).
  • Venezuela reduced its fossil fuel use for electricity generation 2024 by 0.79% compared to 2023, with low-carbon sources (renewables) generating 91.1% of the total electricity.

Electricity Consumption in Venezuela

  • Venezuela consumed 63.35 terawatt-hours of electricity in 2024 (#47 in the world), an increase of 37.4% from 2023. This represents 0.22% of the world's total electricity consumption.
  • Per capita, electricity consumption in Venezuela averaged 2,230.2 kilowatt-hours in 2024, equivalent to 6.11 kilowatt-hours per day (#108 in the world).

Installed Electricity Capacity in Venezuela

  • Venezuela had a total installed electricity capacity of 35.8 gigawatts in 2024 (#35 in the world), an increase of 6.8% from the previous year.
  • fossil fuels made up 52.4% and renewables at 47.6% of Venezuela's installed capacity in 2024.
  • Venezuela's power plants ran at an overall capacity factor of 25.6% in 2024, with hydro at 49.3%, solar at 27.3% and fossil fuels at 4.3%.

Electricity Imports & Exports in Venezuela

  • Venezuela last reported electricity trade in 2020.

Grid Efficiency in Venezuela

  • Distribution losses in Venezuela were 16.78 terawatt-hours in 2024, equivalent to 20.9% of total generation, down from 37.1% in 2014.

Electricity Balance in Venezuela

  • In 2024, Venezuela generated approximately 0.22 terawatt-hours per day and consumed 0.17 terawatt-hours per day. This represents a daily surplus of 0.05 terawatt-hours.

Venezuela Electricity History (1980-2024)

GenerationConsumptionCapacityTrade
202480.13+11.4%420.26%63.35+37.4%470.22%2,230.235.8+6.8%350.37%00016.78
202371.96−12.6%470.24%46.11−18.7%540.17%1,629.233.51+0.31%350.37%00025.85
202282.35−0.69%430.29%56.69−0.57%500.21%2,009.333.41−7.6%350.39%00025.67
202182.92+3%420.30%57.01+3.7%490.22%2,01936.15+4.1%340.44%00025.91
202080.5−5.4%400.30%54.99−4.9%490.22%1,933.334.72+0.95%340.44%00.65−0.6524.86
201985.14−14.6%380.32%57.82−14.6%470.24%1,997.934.39−0.7%320.46%00.87−0.8726.45
201899.71−3.9%360.38%67.7−4%410.28%2,271.434.64−0.0014%320.48%01.02−1.0230.98
2017103.8−11.2%340.41%70.5−14.3%400.30%2,306.534.64−0.13%290.50%01.06−1.0632.24
2016116.9−8.3%330.48%82.28−4.5%380.36%2,674.534.68+8.1%300.52%01.11−1.1133.54
2015127.5+10.7%310.53%86.15+20.2%350.39%2,817.932.08+0.91%310.51%00.97−0.9740.38
2014115.2−14.7%320.49%71.66−34.5%370.33%2,368.731.79+0.56%310.52%0.020.89−0.8742.7
2013135.1+5.3%290.59%109.4+6.3%320.52%3,656.431.62+8.9%310.54%0.720.85−0.1325.63
2012128.3+8.8%300.58%102.9+10.2%320.50%3,480.729.03+7.5%320.52%0.480.81−0.3425.11
2011118+3.7%300.54%93.34+3.2%330.47%3,198.227.01+3.3%320.50%0.250.73−0.4924.13
2010113.8−4.9%310.54%90.43+4.4%310.47%3,138.326.16+5.3%300.51%00.46−0.4622.88
2009119.6+0.24%290.60%86.64+0.32%310.48%3,046.724.85+7%310.51%0.260.63−0.3732.56
2008119.3+4.5%290.60%86.37+5%320.48%3,078.723.22+3%310.50%0.10.57−0.4732.46
2007114.2+3.4%280.58%82.27+2.2%330.46%2,975.322.54+1.5%310.50%00.54−0.5431.41
2006110.4+4.8%290.59%80.53+5.6%330.47%2,958.122.22+1.2%310.51%00.55−0.5529.34
2005105.4+6.9%280.59%76.3+4.9%330.47%2,848.421.95−0.77%300.53%00.58−0.5828.5
200498.55+7.2%300.57%72.71+6.8%330.46%2,760.222.13+7.5%290.55%0.870.480.3826.23
200391.94+0.1%290.56%68.09−1.7%330.45%2,629.620.58+0%290.53%0.040.45−0.4223.44
200291.85+1.9%280.58%69.24+2.8%320.48%2,722.220.58−3.5%290.55%0.560.420.1422.75
200190.12+5.7%280.59%67.34+4.4%320.48%2,695.921.32+0.4%290.59%0.180.21−0.0322.75
200085.27+8.2%290.56%64.54+7.7%320.47%2,631.321.23−0.27%300.61%0.010.06−0.0520.69
199978.78−0.22%280.56%59.93−2%320.47%2,490.321.29−1.7%290.65%0.010.05−0.0318.81
199878.95+3.5%270.58%61.17+2.2%310.49%2,591.821.66+0.51%290.67%0.0700.0717.85
199776.25+3.4%270.57%59.85+3.5%310.49%2,587.321.55+3.8%270.68%00016.4
199673.75+3%270.57%57.84+3%300.49%2,552.420.76+8.9%260.67%0.0020.15−0.1515.75
199571.6+3%270.57%56.17+1.8%300.49%2,530.919.07+0.55%270.63%00.13−0.1315.29
199469.5+2.8%260.57%55.2+1.1%300.50%2,54118.97+0%280.64%00.32−0.3213.98
199367.58+2.8%270.57%54.59+2.6%300.50%2,568.618.97+0.29%260.65%00.3−0.312.69
199265.74+6.5%260.57%53.23+7.6%290.50%2,561.518.91−1.9%250.67%00.36−0.3612.15
199161.75+7.2%230.53%49.45+5.4%270.47%2,435.419.28+1.3%220.70%00.2−0.212.1
199057.61+3.1%230.51%46.93+1.7%260.45%2,366.919.03+2.8%200.70%00010.68
198955.9−1%230.51%46.13−2%250.46%2,384.218.52+0%200.69%0009.76
198856.46+7.7%240.54%47.09+9.6%240.49%2,495.218.52+6.2%190.71%0009.37
198752.43+8.4%230.52%42.97+8.1%240.46%2,335.717.44−9.9%200.69%0009.46
198648.36+4.6%230.50%39.75+0.9%250.45%2,217.919.36+6.4%180.79%00.005−0.0058.61
198546.22+8.4%240.49%39.4+5.8%260.45%2,256.218.19+17.3%180.76%00.005−0.0056.82
198442.65+2%250.47%37.23+5.9%270.45%2,188.815.51+24.1%210.67%00.03−0.035.39
198341.8+9.2%230.49%35.14+9.4%270.45%2,121.612.5+14.9%260.57%00.04−0.046.62
198238.27+6.4%260.46%32.12−0.5%270.42%1,992.510.88+7.4%270.51%00.04−0.046.11
198135.96+12.3%260.45%32.28+20.3%270.44%2,05810.13+9.8%260.49%0.010.09−0.083.6
198032.01—270.40%26.84—280.37%1,758.99.23—260.47%0.010.04−0.035.15

See also


Sources