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To describe the current renewable energy overview, the authors confirmed the existence of some private enterprises to develop solar photovoltaic projects in Venezuela, both for industries as well as for residential purposes. Regrettably, there are no official records about them .
In general, experts warn that the existing Venezuelan regulatory framework makes wind and solar projects not competitive and this creates additional risks for the development of such energy potential, , . The severity of all such factors evidence the difficulties to develop a sustainable energy sector in Venezuela, .
These units were the first of a pilot plan for a wind energy development designed to take advantage of this potential. RVER and Salas have found that such wind facilities are now abandoned and not in production, as shown in Table 4. Regarding solar power, there are few references about the Venezuelan initiatives for its development.
REVE alerts of its concerns that the Venezuelan government favors fossil fuel energy instead of renewables and has abandoned renewable initiatives, with results which are totally opposite to the incipient interest of renewables development.
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