Key Market Indicators
Venezuelan renewable energy generation is projected to reach approximately 0.02 terawatt-hours by 2028, maintaining the same level it achieved in 2023. This forecast represents an average annual growth rate of 4.3%. Since 2015, the nation's renewable energy supply has seen a significant increase, growing by an average of 12.2% annually. This rise underscores Venezuela's ongoing efforts to enhance its renewable energy capacity.