Region
Latin America & Caribbean
Income Group
High income
GNI Per Capita ($US)
12,082
Population
31,108,083
Major Business City
Caracas
56
Overall Score
Indicators

Indicators

Sub Indicators

Is there legislation or a national action plan that aims to increase EE?
Yes
Name of EE legislation or action plan
Click for moreNational Policy, Strategy and Action Plan on Energy Efficiency in Cambodia
Is there an energy efficiency goal or target at the national level?
Yes
Natonal target details
Click for more10% peak consumption reduction by 31 December 2015 (1,800 megawatts savings).
Is there a target for the residential sector?
No
Target details
0
Does the target have a milestone or deadline?
No
Is there a commercial servcies sector target?
No
Target details
0
Does the target have a milestone or deadline?
No
Is there an industrial sector target?
No
Target details
0
Does the target have a milestone or deadline?
No
Is there a power sector target?
No
Target details
0
Does the target have a milestone or deadline?
No

Sub Indicators

Are there governmental and/or independent bodies dedicated to setting EE strategy?
Yes
Name of entity
Click for moreMinisterio de Poder Popular para la Energ-a El-ctrica (MPPEE), Ministry of People's Power for Electric Energy
Are there governmental and/or independent bodies dedicated to setting EE standards?
Yes
Name of entity
Click for moreMinisterio de Poder Popular para la Energ-a El-ctrica (MPPEE), Ministry of People's Power for Electric Energy
Are there governmental and/or independent bodies dedicated to regulating EE activities of energy suppliers?
Yes
Name of entity
Click for moreMinisterio de Poder Popular para la Energ-a El-ctrica (MPPEE), Ministry of People's Power for Electric Energy
Are there governmental and/or independent bodies dedicated to regulating EE activities of energy consumers?
Yes
Name of entity
Click for moreMinisterio de Poder Popular para la Energ-a El-ctrica (MPPEE), Ministry of People's Power for Electric Energy
Are there governmental and/or independent bodies dedicated to certifying compliance with equipment EE standards?
Yes
Name of entity
Click for moreServicio Aut-nomo Nacional de Normalizaci-n, Calidad, Metrolog-a y Reglamentos T-cnicos (SENCAMER)
Are there governmental and/or independent bodies dedicated to certifying compliance with building EE standards?
No
Name of entity
0
Are there governmental and/or independent bodies dedicated to selecting and/or approving third party auditors tasked with certifying EE standards?
No
Name of entity
0

Sub Indicators

Residential customers
Is it mandatory for utilities to provide reports of their energy usage, in a bill or by other means?
Yes
Commercial customers
Is it mandatory for utilities to provide reports of their energy usage, in a bill or by other means?
Yes
Industrial customers
Is it mandatory for utilities to provide reports of their energy usage, in a bill or by other means?
Yes
Residential customers
At what intervals do customers receive these reports (times per year)?
12)
Do the reports include the price levels customers pay for energy usage?
Yes
Commercial customers
At what intervals do customers receive these reports (times per year)?
??12???
Do the reports include the price levels customers pay for energy usage?
Yes
Industrial customers
At what intervals do customers receive these reports (times per year)?
12
Do the reports include the price levels customers pay for energy usage?
Yes
Does the regulator track utilites' compliance with laws for providing energy usage information to customers?
Yes
Residential customers
Do customers receive a bill or report which compares them to other users in the same region and/or usage class?
No
Method of comparison
N/A
Commercial customers
Do customers receive a bill or report which compares them to other users in the same region and/or usage class?
No
Method of comparison
N/A
Industrial customers
Do customers receive a bill or report which compares them to other users in the same region and/or usage class?
No
Method of comparison
N/A
Residential customers
Do customers receive a bill or report that shows their energy usage compared to previous bills or reports over time?
Yes
Commercial customers
Do customers receive a bill or report that shows their energy usage compared to previous bills or reports over time?
Yes
Industrial customers
Do customers receive a bill or report that shows their energy usage compared to previous bills or reports over time?
Yes
All customers
Can customers access real time feedback on energy usage (for either prepaid or post-paid systems)?
Yes
Do customers have the ability to manage energy usage levels remotely (through apps or other technology mediums that can track real time usage?
No

Sub Indicators

Residential customers
Are customers charged a flat fee (per connection)?
Yes
Are customers charged constant block rates?
Yes
Are customers charged declining block rates?
No
Are customers charged increasing block rates?
Yes
Commercial customers
Are customers charged a flat fee (per connection)?
No
Are customers charged constant block rates?
Yes
Are customers charged declining block rates?
No
Are customers charged increasing block rates?
No
Industrial customers
Are customers charged a flat fee (per connection)?
No
Are customers charged constant block rates?
Yes
Are customers charged declining block rates?
No
Are customers charged increasing block rates?
No
Residential customers
Do customers pay energy charges (per kWh)?
Yes
Do customers pay demand charges (per kW)?
No
Do customers pay reactive power charges (per kVAR)?
No
Commercial customers
Do customers pay energy charges (per kWh)?
Yes
Do customers pay demand charges (per kW)?
Yes
Do customers pay reactive power charges (per kVAR)?
No
Industrial customers
Do customers pay energy charges (per kWh)?
Yes
Do customers pay demand charges (per kW)?
Yes
Do customers pay reactive power charges (per kVAR)?
No
Residential customers
Are customers charged based on real-time pricing?
No
Are customers charged based on variable peak pricing?
No
Are customers charged based on critical peak pricing?
Yes
Are tariffs adjusted according to seasons?
No
Do customers pay according to time-of-day electricity use or receive peak-time rebates?
No
Commercial customers
Are customers charged based on real-time pricing?
No
Are customers charged based on variable peak pricing?
No
Are customers charged based on critical peak pricing?
Yes
Are tariffs adjusted according to seasons?
No
Do customers pay according to time-of-day electricity use or receive peak-time rebates?
No
Industrial customers
Are customers charged based on real-time pricing?
No
Are customers charged based on variable peak pricing?
No
Are customers charged based on critical peak pricing?
Yes
Are tariffs adjusted according to seasons?
No
Do customers pay according to time-of-day electricity use or receive peak-time rebates?
No

Sub Indicators

What is the threshold for classifying large consumers?
Click for moreDecision 76 of the Ministry of People's Power for Electric Energy (MPPEE) on EE for Large Users of 2011 refers to the actions that Private Sector Legal Entities which exceed a Contracted Assigned Demand of a Megavolt Ampere (1 MVA) should take to reduce energy consumption. Other than that, no specific definition of large energy users is included.
Large consumer EE mandate/incentive regulations
Is it required for the consumption and/or savings of large-scale energy users to be tracked and documented on a regular basis?
Yes
Are efficiency targets mandated for large consumers?
Yes
Details
Click for more 10% reduction in monthly energy consumption compared to previous year..
Are energy audits mandated for large consumers?
Yes
Are energy efficiency progress reports mandated for large consumers?
Yes
Interval of reports
0
Are energy-management systems mandated for large consumers?
No
Details
0
Are there penalties in place for non-compliance with regulatory obligations for large consumers?
Yes
Is there a measurement and verification program in place?
Yes
Is verification done by a third party?
No
Are there financial incentives for large consumers to invest in energy efficiency?
No
Details
0
Are there tax incentives for large consumers to invest in energy efficiency?
No
Are there other incentives for large consumers to invest in energy efficiency?
No
Details
0
Is there a program to publicly recognize large-scale users that have achieved significant energy savings measures?
Yes
Are energy savings and/or financial savings publicized?
Yes
Does the program offer assistance (from a government or independent entity) to large-scale users to identify energy savings investments opportunities?
No
Primary Energy Consumption (MJ - latest GTF data from 2012)
126848

Sub Indicators

Are there binding energy savings obligations for public buildings?
Yes
Are energy savings from efficiency activities at public buildings tracked (either in-house or by a third party)?
Yes
Are there binding energy savings obligations for other public facilities (may include water supply, wastewater services, municipal solid waste, street lighting, transportation, and heat supply)?
No
Are energy savings from efficiency activities at other public facilities tracked?
No
Is there a specific policy or mandated guidelines for public procurement of energy-efficient products and services?
No
Public procurement guidelines for EE
Do public budgeting regulations and practices allow public entities to retain energy savings?
No
Public budgeting regulations for EE

Sub Indicators

Name of utility energy efficiency regulation program
Electricity generation
Are utilities required to carry out energy efficiency activities in this area?
No
Details
N/A
Are energy savings or other target indicators measured to track performance in meeting EE requirements?
No
Are the requirements measured/validated by an independent third party?
No
Are there penalties in place for non-compliance with EE requirements?
No
Are there mandates or incentives for new and/or brownfield co-generation?
No
Transmission & distribution
Are utilities required to carry out energy efficiency activities in this area?
No
Details
N/A
Are energy savings or other target indicators measured to track performance in meeting EE requirements?
No
Are the requirements measured/validated by an independent third party?
No
Are there penalties in place for non-compliance with EE requirements?
No
Demand-side management -
Are utilities required to carry out energy efficiency activities in this area?
No
Details
N/A
Are energy savings or other target indicators measured to track performance in meeting EE requirements?
No
Are the requirements measured/validated by an independent third party?
No
Are there penalties in place for non-compliance with EE requirements?
No
Is there a demand-side management department within the selected utility?
No
Do utilities provide customers incentives for demand response, such as peak-time rebates?
Yes
Is there public budget funding available for utilities to recover costs associated with or revenue lost from mandated energy efficiency activities?
No
Is there compensation for revenue losses via a tracking account available for utilities to recover costs associated with or revenue lost from mandated energy efficiency activities?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are there credit lines available for utilities to recover costs associated with or revenue lost from mandated energy efficiency activities?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are there partial risk guarantees available for utilities to recover costs associated with or revenue lost from mandated energy efficiency activities?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Is there program cost recovery available for utilities to recover costs associated with or revenue lost from mandated energy efficiency activities?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Is there ESCO financing available for utilities to recover costs associated with or revenue lost from mandated energy efficiency activities?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Is there on-bill financing/re-payment available for utilities to recover costs associated with or revenue lost from mandated energy efficiency activities?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are there any other financing mechanisms available for utilities to recover costs associated with or revenue lost from mandated energy efficiency activities?
Click for moreThe Green Band Plan is the only mechanism in place.The utility Corporacio?n Ele?ctrica Nacional S.A. (CORPOELEC) is not required to carry out any energy efficiency activities. However, CORPOELEC in fact does carry out energy efficiency activities (Green Band Plan) because the Presidente of CORPOELEC is the Minister of People's Power for Electric Energy (MPPEE) (same person) but there is no legal provision that mandates the utility to do so.
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
Yes

Sub Indicators

Residential sector
Are there tax incentives available for energy efficiency investments?
No
Are there discounted "green" mortgages available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Is on-bill financing/re-payment available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are credit lines available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are energy services agreements or ESCOs available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are green bonds available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Is vendor credit and/or leasing available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are partial risk guarantees available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are there any other financing mechanisms available for energy efficiency investments?
No
Details
Click for more Government policy: The plan "Banda Verde" (Green Band Plan) to the residential sector involving a subsidy of 8% on the electricity tariff to users that do not exceed the maximum consumption for the respective group, according to the region (there are 5 groups and the "Green Consumption" ranges from 5 to 1,3 kWh).
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Commercial services sector
Are there tax incentives available for energy efficiency investments?
No
Are there discounted "green" mortgages available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Is on-bill financing/re-payment available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are credit lines available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are energy services agreements or ESCOs available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are green bonds available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Is vendor credit and/or leasing available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are partial risk guarantees available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are there any other financing mechanisms available for energy efficiency investments?
No
Details
Click for more Government policy: The plan "Banda Verde" (Green Band Plan) to the residential sector involving a subsidy of 8% on the electricity tariff to users that do not exceed the maximum consumption for the respective group, according to the region (there are 5 groups and the "Green Consumption" ranges from 5 to 1,3 kWh).
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Industrial sector
Are there tax incentives available for energy efficiency investments?
No
Are there discounted "green" mortgages available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Is on-bill financing/re-payment available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are credit lines available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are energy services agreements or ESCOs available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are green bonds available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Is vendor credit and/or leasing available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are partial risk guarantees available for energy efficiency investments?
No
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
No
Are there any other financing mechanisms available for energy efficiency investments?
Yes
Details
Click for more Government policy: The plan "Banda Verde" (Green Band Plan) to the residential sector involving a subsidy of 8% on the electricity tariff to users that do not exceed the maximum consumption for the respective group, according to the region (there are 5 groups and the "Green Consumption" ranges from 5 to 1,3 kWh).
Are these available as solely market-driven financing mechanisms without any direct government approval, subsidy, authorization or other mediation procedure?
No
Are these available as government-driven financing mechanisms?
Yes

Sub Indicators

EE standards regulations
Refrigerators
Have minimum energy performance standards been adopted?
Yes
Details of standards
Click for moreC energy class established in ISO 15502:2005. It represents a percentage of energy efficiency in relation to a standard efficiency measure.
Is there a verification program in place?
Yes
Is it carried out by a third party?
Yes
Is there a penalty for non-compliance with energy efficiency standards?
Yes
Are the standards based on external/international standards?
Yes
Air conditioners
Have minimum energy performance standards been adopted?
Yes
Details of standards
Click for moreC energy class. Units are to be determined.
Is there a verification program in place?
Yes
Is it carried out by a third party?
No
Is there a penalty for non-compliance with energy efficiency standards?
Yes
Are the standards based on external/international standards?
Yes
Lighting equipment
Have minimum energy performance standards been adopted?
Yes
Details of standards
Click for moreFor fluorescent lamps only those corresponding to the energy efficiency classes from A to C are allowed according to the Joint Decision 19 of the Ministry of People's Power for Electric Energy (MPPEE) and 126 of the Ministry of People's Power for Trade (MPPC).
Is there a verification program in place?
Yes
Is it carried out by a third party?
No
Is there a penalty for non-compliance with energy efficiency standards?
Yes
Are the standards based on external/international standards?
Yes
Industrial electric motors
Have minimum energy performance standards been adopted?
No
Details of standards
0
Is there a verification program in place?
No
Is it carried out by a third party?
No
Is there a penalty for non-compliance with energy efficiency standards?
No
Are the standards based on external/international standards?
No
Other industrial equipment
Have minimum energy performance standards been adopted?
No
Details of standards
0
Is there a verification program in place?
No
Is it carried out by a third party?
No
Is there a penalty for non-compliance with energy efficiency standards?
No
Are the standards based on external/international standards?
No
Light duty vehicles
Have minimum energy performance standards been adopted?
No
Details of standards
0
Is there a verification program in place?
No
Is it carried out by a third party?
No
Is there a penalty for non-compliance with energy efficiency standards?
No
Are the standards based on external/international standards?
No
Heavy duty vehicles
Have minimum energy performance standards been adopted?
No
Details of standards
0
Is there a verification program in place?
No
Is it carried out by a third party?
No
Is there a penalty for non-compliance with energy efficiency standards?
No
Are the standards based on external/international standards?
No

Sub Indicators

Refrigerators
Have energy efficiency labeling schemes been adopted?
Yes
Is the labeling scheme mandatory?
Yes
Is the labeling scheme based on external/international standards?
Yes
Air conditioners
Have energy efficiency labeling schemes been adopted?
Yes
Is the labeling scheme mandatory?
Yes
Is the labeling scheme based on external/international standards?
Yes
Lighting equipment
Have energy efficiency labeling schemes been adopted?
Yes
Is the labeling scheme mandatory?
Yes
Is the labeling scheme based on external/international standards?
No
Industrial electric motors
Have energy efficiency labeling schemes been adopted?
No
Is the labeling scheme mandatory?
No
Is the labeling scheme based on external/international standards?
No
Other industrial equipment
Have energy efficiency labeling schemes been adopted?
No
Is the labeling scheme mandatory?
No
Is the labeling scheme based on external/international standards?
No
Light duty vehicles
Have energy efficiency labeling schemes been adopted?
No
Is the labeling scheme mandatory?
No
Is the labeling scheme based on external/international standards?
No
Heavy duty vehicles
Have energy efficiency labeling schemes been adopted?
No
Is the labeling scheme mandatory?
No
Is the labeling scheme based on external/international standards?
No

Sub Indicators

Are there energy efficiency codes for new residential buildings?
No
Are there energy efficiency codes for new commercial buildings?
No
Is the energy efficiency code for new residential buildings its own stand-alone, separate code or part of the overall building code?
No
Is the energy efficiency code for new commercial buildings its own stand-alone, separate code or part of the overall building code?
No
19.2. Is there any provision for regular updates to the code for new residential buildilngs?
No
19.2. Is there any provision for regular updates to the code for new commercial buildings?
No
EE building code regulations
19.3. When was the code last updated for residential buildings?
0
19.3. When was the code last updated for commercial buildings?
0
Is there a system to ensure compliance with building energy efficiency codes?
No
Is it carried out by a third party?
No
Are renovated residential buildings required to meet a building energy codee?
No
Are renovated commercial buildings required to meet a building energy code?
No
20.1. Is the energy efficiency code for renovated residential buildings different from the code for new buildings?
No
20.1. Is the energy efficiency code for renovated commercial buildings different from the code for new buildings?
No
Is the energy efficiency code for renovated residential buildings its own stand-alone, separate code or part of the overall building code?
No
Is the energy efficiency code for renovated commercial buildings its own stand-alone, separate code or part of the overall building code?
No
Is there any provision for regular updates to the code for renovated residential buildings?
No
Is there any provision for regular updates to the code for renovated commercial buildings?
No
Is there a mandatory standardized rating or labeling system for the energy performance of existing buildings?
No
22.1. Is the labeling scheme or rating adopted from external standards?
No
Are commercial and residential buildings required to disclose property energy usage at the point of sale or when leased?
No
Are large commercial and residential buildings required to disclose property energy usage annually?
No
Are there mandates or targets for new building stocks to achieve high quality energy efficiency certifications, such as LEED (Leadership in Energy & Environmental Design) (e.g. percentage of new building stocks that must be LEED certified)?
No
Details
0
LEED incentives
No
Local program details
0

Indicators

Sub Indicators

Does a legal framework for renewable energy development exist?
Yes
Name of the Law
Click for moreLaw on the Rational and Efficient Use of Energy 2011.
Is private sector ownership of renewable energy generation legally authorized?
Yes

Sub Indicators

Does an official renewable energy target exist?
Yes
Overall target
Click for moreThe target would be expressed in terms of capacity added but it is not quantified, except for wind, in the Ministry of People's Power for Electric Energy (MPPEE in Spanish) Plan for the Development of the National Electric System 2013-2019. / According to the Forecast of alternative potential to be installed published by the Ministerio de Poder Popular para la Energía Eléctrica (MPPEE) in 2011 the estimated portfolio of alternative energies by 2030 would be 12% (9,365 MW)
Solar target
Click for moreA total of 713 MW = 265 MW for Solar photovoltaic plus 448 MW for Solar thermal by 2030
Wind target
Click for more 500 MW by 2019.
Hydro target
Click for more250 MW Mini-hydro by 2030
Biomass target
Click for moreA total of 767 MW by 2030 = 227MW for Municipal Solid Waste Biomass plus 540 MW for Agro-industrial Forestry Biomass by 2030
Geothermal target
100 MW by 2030
Does a renewable energy action plan or strategy to attain the target exist?
No
Name of the action plan
0
Does the plan or startegy define the amount of investment necessary to meet the RE target?
Yes
The amount of investment identified
0
Is there an institution responsible for tracking progress in renewable energy development?
Yes
Name of the institution
0
Does an electricity generation plan that includes renewable energy development exist?
Yes
Name of the generation plan
0
Is the expansion plan based on a probabilistic approach?
No
Does the current transmission planning consider renewable energy scale-up?
No
Name of the transmission plan
0
Has the country conducted a variable renewable energy integration study?
No
Name of the integration study
0
Year of the integration study
Does the country have sufficient resource abundance to warrant a solar resource atlas?
Yes
Does the government publish or endorse a solar resource atlas or other data on the abundance and quality of the resource?
No
Solar atlas is validated by at least 5 ground-based measurements taken for a period of at least a year;
No
Solar atlas has a spatial resolution of 5km or less;
No
Solar atlas is based on modeling inputs covering at least a 10 year period;
No
Solar atlas is accompanied by an explanation of the methodology and instrumentation
No
Has the country carried out strategic planning or produced zoning guidance to inform the commercial development of solar resources?
Yes
Has the solar resource planning or zoning guidance been undertaken as part of a strategic environmental and social assessment or equivalent process?
Yes
Are the solar resource planning or zoning guidance outputs publically available?
No
Does the country have sufficient resource abundance to warrant a wind resource atlas?
Yes
Does the government publish or endorse a wind resource atlas or other data on the abundance and quality of the resource?
No
Wind atlas is validated by at least 5 ground-based measurements taken for a period of at least a year;
No
Wind atlas has a spatial resolution of 5km or less;
No
Wind atlas is based on modeling inputs covering at least a 10 year period;
No
Wind atlas is accompanied by an explanation of the methodology and instrumentation
No
Has the country carried out strategic planning or produced zoning guidance to inform the commercial development of wind resources?
Yes
Has the wind resource planning or zoning guidance been undertaken as part of a strategic environmental and social assessment or equivalent process?
Yes
Are the wind resource planning or zoning guidance outputs publically available?
No
Does the country have sufficient resource abundance to warrant a hydro resource atlas?
Yes
Does the country publish or endorse a national hydro resource map or atlas?
No
Hydro atlas is validated by ground-based water run-off data and/or site surveys from potential sites;
No
Hydro atlas is accompanied by an explanation of the methodology and instrumentation
No
Has the country carried out strategic planning or produced zoning guidance to inform the commercial development of hydro resources?
Yes
Has the hydro resource planning or zoning guidance been undertaken as part of a strategic environmental and social assessment or equivalent process?
Yes
Are the hydro resource planning or zoning guidance outputs publically available?
No
Does the country have sufficient resource abundance to warrant a biomass resource atlas?
Yes
Does the country publish or endorse a national biomass resource map or atlas?
No
Biomass atlas is validated by ground-based survey or officially reported data;
No
Biomass atlas is accompanied by an explanation of the methodology and instrumentation.
No
Has the biomass resource planning or zoning guidance been undertaken as part of a strategic environmental and social assessment or equivalent process?
Yes
Are the biomass resource planning or zoning guidance outputs publically available?
No
Does the country have sufficient resource abundance to warrant a geothermal resource atlas?
Yes
Does the country publish or endorse a national geothermal resource map or atlas?
Yes
The governmetn has collected and recorded well data at potential geothermal sites?
No
Does the government publish a national geological map?
Yes
The government has supported surface exploration (geological; geochemical; temp; gradient) at potential sites?
Yes
The government has supported test drilling at at least one site (slim bore or full well)?
No
The government has supported the creation of a reservoir model at at least one site?
No
Has the country carried out strategic geothermal resource planning or produced zoning guidance to inform the commercial development of the resource?
Yes
Has the geothermal resource planning or zoning guidance been undertaken as part of a strategic environmental and social assessment or equivalent process?nt process?
Yes
Are the geothermal resource planning or zoning guidance outputs publically available?
No

Sub Indicators

Is there at least one scheme to support renewable energy per unit of electricity generated? (e.g., feed-in tariff, competitive bidding/auction, mandates, generation premiums, production tax credits)?
No
Feed-in tariff
No
Feed-in tariff - Solar
No
Feed-in tariff - Wind
No
Feed-in tariff - Hydro
No
Feed-in tariff - Biomass
No
Feed-in tariff - Geothermal
No
Government body in charge
Projects guaranteed off-take
No
Solar Feed-in-tariff Price ($ cents/kWh)
Solar Feed-in-tariff Max. capacity (single)
Solar Feed-in-tariff Max. capacity (total)
Solar Feed-in-tariff Closing date
Wind Feed-in-tariff Price ($ cents/kWh)
Wind Feed-in-tariff Max. capacity (single)
Wind Feed-in-tariff Max. capacity (total)
Wind Feed-in-tariff Closing date
Hydro Feed-in-tariff Price ($ cents/kWh)
Hydro Feed-in-tariff Max. capacity (single)
Hydro Feed-in-tariff Max. capacity (total)
Hydro Feed-in-tariff Closing date
Biomass Feed-in-tariff Price ($ cents/kWh)
Biomass Feed-in-tariff Max. capacity (single)
Biomass Feed-in-tariff Max. capacity (total)
Biomass Feed-in-tariff Closing date
Geothermal Feed-in-tariff Price ($ cents/kWh)
Geothermal Feed-in-tariff Max. capacity (single)
Geothermal Feed-in-tariff Max. capacity (total)
Geothermal Feed-in-tariff Closing date
Competitive bidding
No
Auction 1 - Year
Auction 1 - Technology
Auction 1 - Project-specific tender and size (MW)
Auction 1 - Auction for total and size (MW)
Auction 1 - Standard PPA and Term
Auction 1 - Price ceiling
No
Auction 1 - Winning bid ($ cents/kWh)
Auction 1 - Government body in charge
Auction 2 - Year
Auction 2 - Technology
Auction 2 - Project-specific tender and size (MW)
Auction 2 - Auction for total and size (MW)
Auction 2 - Standard PPA and Term
Auction 2 - Price ceiling
No
Auction 2 - Winning bid ($ cents/kWh)
Auction 2 - Government body in charge
Winning bid guaranteed off-take
No
Mandates
No
Generation premium
No
Production tax credit
No
Does the government offer other direct fiscal incentives for renewable energy (e.g. capital subsidies, grants or rebates, investment tax credits, tax reductions?)
No
Investment tax credit
No
Accelerated depreciation
No
Reduction in import taxes
No
Reduction in sales tax or other taxes
No
Does the country provide prioritized access to the grid for RE?
Yes
Do RE projects receive priority in dispatch?
No
Are there provisions to compensate seller if offtake infrastructure is not built in time?
No
Are there mechanisms to compensate RE projects for lost generation due to certain curtailments after project commissioning?
No

Sub Indicators

Is the market entry mechanism for private RE projects defined? (e.g. 1st come 1st served; tenders)
No
Details
0
Are projects subject to development timelines or milestones?
No
Are tariffs indexed (in part or in whole) to an international currency or to inflation?
No
If there is a guaranteed tariff, is there a mechanism to adjust the level of the tariff for new entrants (e.g., declination)?
N/A
If there is a guaranteed tariff, is there a mechanism to differentiate tariffs based on the size of the generation plant?
N/A
If there is competitive bidding/auctions, are there provisions to ensure full and timely project completion (e.g., bid-bonds, project milestones, eligibility requirements)
N/A
If there is a renewable energy mandate, can it be met with tradable certificates (e.g., RECs, ROCs, TECs)?
N/A
Is the price subsidy/benefit implied by a renewable energy incentive program passed through in full or in part to the final electricity consumer?
N/A

Sub Indicators

Are there rules defining the allocation of connection costs?
No
What is the type of the connection cost allocation policy (i.e. shallow/deep)?
N/A
Are there rules that allow electricity customers to purchase power directly from a third party (i.e. an entity other than the designated utility in a service area)?
No
Do the rules define the size and allocation of costs for transmission and distribution wheeling charges? (e.g., wheeling charges, locational pricing?)
N/A
Do the rules consider customer type/size in determining eligibility for purchasing electricity from a third party?
N/A
connection cost document
0
Does the country have a grid code that includes measures or standards addressing variable renewable energy?
No
Is there more than one balancing area in the country?
No
Are there rules for exchanging power between balancing areas that penalize variable renewable energy (e.g. through imbalance penalties)?
N/A
Are there provisions in the power exchange rules that allow for plant forecasting?
N/A

Sub Indicators

Does the government offer or allow backing of utility payments (e.g. through a letter of credit, escrow account, payment guarantee, or other)?
No
Information disclosure
29.16375
Are the financial statements of the largest utility publicly available?
0
Are the financial statements of the largest generation company publicly available?
Yes
Are the financial statements of the largest transmission company publicly available?
Yes
Are the financial statements of the largest distribution company publicly available?
Yes
Are the financial statements of the largest retail electricity sales company publicly available?
Yes
Are the following metrics published in a primary official document (by the utility, regulator or ministry and/or government)?
0
Is the transmission loss rate published in a primary official document (by the utility, regulator or ministry and/or government)?
No
Is the distribution loss rate published in a primary official document (by the utility, regulator or ministry and/or government)?
Yes
Is the bill collection rate published in a primary official document (by the utility, regulator or ministry and/or government)?
Yes
Is the amount of electricity available for sale to end-users published in a primary official document (by the utility, regulator or ministry and/or government)?
Yes
Information Auditing
0
Financial statements independently audited?
0
Are the financial statements of the largest generation company audited?
No
Are the financial statements of the largest transmission company audited?
No
Are the financial statements of the largest distribution company audited?
No
Are the financial statements of the largest retail electricity sales company audited?
No
Monitoring Reliability
0
Is the utility operating an incidence/outage recording system (or SCADA/EMS with such functionality)?
Yes
Is the utility measuring the SAIDI and SAIFI or any other measurements for service reliability?
Yes
Are the data reported to the regulatory body?
No
Are the data available to the public?
Yes
Name of the selected utility
CORPOELEC
data - 17.1. Current ratio (working capital ratio)
Click for more0.769477865284136
data - 17.2 Debt Service Coverage Ratio
Click for more-13.3392510516614
data - 17.3 Days payable outstanding
Click for more402.629299311379
data - 17.4 EBITDA margin
Click for more-1.46022934584498
Current ratio (working capital ratio) of selected utility
0
Debt Service Coverage Ratio of selected utility
0
Days payable outstanding of selected utility
0
EBITDA margin of selected utility
0

Sub Indicators

Is there a carbon pricing mechanism in place?
No
For any carbon pricing mechanism (e.g. carbon tax, emission trading system), what is the portion of national GHG emissions covered)?
0%
Is there a monitoring, reporting and verification system for greenhouse gas emissions in place?
No
  • Score : 67-100
  • Score : 34-66
  • Score : 0-33
Policy Framework
National Plans
YesEE legislation or action plan
YesNational EE target: overall
NoNational EE target: residential
NoNational EE target: commercial
NoNational EE target: industrial
NoNational EE target: power sector
Customer billing and pricing
YesReport electricity consumption to consumers: residential
YesReport electricity consumption to consumers: commercial
YesReport electricity consumption to consumers: indusdrial
YesReport electricity price to consumers: residential
YesReport electricity price to consumers: commercial
YesReport electricity price to consumers: industrial
YesTime of use pricing: residential
YesTime of use pricing: commercial
YesTime of use pricing: industrial
Large consumers
novalueMandatory energy usage tracking
YesEE requirements: consumption tracking
YesEE requirements: targets
YesEE requirements: energy audits
YesEE requirements: other
NoEE incentives: financial incentives
novalueEE incentives: tax incentives
NoEE incentives: other
Public entities
NoEE obligations for public facilities
NoEE public procurement requirements
Utilities
NoMandates: generation
NoMandates: T&D
NoMandates: DSM
Standards and labeling
YesEE standards: refrigerators
YesEE standards: air conditioning
YesEE standards: lighting
NoEE standards: industrial electric motors
NoEE standards: other industrial equipment
NoEE standards: vehicles
YesEE labels: refrigerators
YesEE labels: air conditioning
YesEE labels: lighting
NoEE labels: industrial electric motors
NoEE labels: other industrial equipment
NoEE labels: vehicles
Building codes and incentives
NoEE building codes: residential
NoEE building codes: commercial
Legal Framework
YesPrimary legislation governing RE
novaluePrivate ownership of generation legally authorized
Planning
YesRenewable energy target: overall
A total of 767 MW by 2030 = 227MW for Municipal Solid Waste Biomass plus 540 MW for Agro-industrial Forestry Biomass by 2030Renewable energy target: biomass
100 MW by 2030Renewable energy target: geothermal
250 MW Mini-hydro by 2030Renewable energy target: hydropower
A total of 713 MW = 265 MW for Solar photovoltaic plus 448 MW for Solar thermal by 2030Renewable energy target: solar
500 MW by 2019.Renewable energy target: wind
NoRenewable energy strategy
YesGeneration plan including RE
NoTransmission plan including RE
NoVariable RE integration study complete
NoResource maps: Biomass
YesResource maps: Geothermal
NoResource maps: Hydro
NoResource maps: Solar
novalueResource maps: Wind
Incentives and Regulatory Support
NoGeneration support scheme: feed-in tariff
NoGeneration support scheme: competitive bidding
NoGeneration support scheme: other
NoFiscal incentives
NoPriority dispatch
Network connection and access
NoConnection cost rules
NoThird party use of system
NoGrid code covering RE
Sector Structure and Statistics
Annual electricity generation (GWh)
132682
Length of transmission system
30761
Length of distribution system (km)
129668
T&D loss rate (2-year average where available)
N/A
Bill collection rate (2-year average where available)
0.74
Level of competition
Monopoly
Level of unbundling
Vertically Integrated
Private sector participation
PSP in D
IPP capacity share
0.00%
Retail Tariffs
Selected retail / distribution + retail utility
CORPOELEC
Retail electricity tariff (average of all end-users)
USD 0.1
Retail electricity tariff (residential)
USD 0.02
Retail electricity tariff (commercial)
N/A
Retail electricity tariff (industrial)
N/A
Generation Mix
Institutions, Utilities and Market Operators
Energy Ministry / Planning Entity
Ministerio de Poder Popular para la Energía, Corporación Eléctrica Nacional S.A.
Separate Electricity Regulator (year established)
N/A (N/A)
Transmission System Operator
None
Independent System Operator
None
Wholesale Market Operator
N/A