Venezuela fines firms for 'excessive' power use

Venezuela announced on Sunday 24-hour power cutoffs for 80 firms that have failed to reduce electricity usage.

Venezuela fines firms for 'excessive' power use

Venezuela announced on Sunday 24-hour power cutoffs for 80 firms that have failed to reduce electricity usage in the first measures of a nationwide drive to save energy amid an electricity crisis.

Restaurants, hotels, gyms, car dealerships and a yacht club were on the list of companies in the capital Caracas that would have their power cut on Monday for failing to bring consumption down 20 percent, the state utility said.

The local unit of Japanese firm Sony Corp will also be sanctioned.

President Hugo Chavez's government has introduced rationing, and demanded power cuts across the South American OPEC member, to cope with an electricity shortage that is jeopardizing Venezuela's ability to pull out of a recession.

A drought caused by the El Nino weather phenomenon has hit the hydroelectric sector that produces more than 70 percent of Venezuela's electricity. Rains are due within weeks.

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

The state power firm Electricidad de Caracas also published a list of 81 companies that had surpassed the 20 percent reduction target.

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


Reuters

Güncelleme Tarihi: 21 Mart 2010, 17:34

SeydiAli

YORUM EKLE