Take three days off to save energy: Chavez


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Venezuela energy-saving public holidays aim to curb electricity consumption amid an energy crisis, rolling blackouts, and drought-hit hydroelectric output at the Guri Dam, as businesses face surcharges and productivity losses across essential and nonessential sectors.

 

Essential Takeaways

A temporary holiday decree to cut electricity use amid an energy crisis reducing hydroelectric supply.

  • Goal: slash national electricity consumption amid shortages
  • Rolling blackouts already affecting firms and productivity
  • Essential services like banks and pharmacies stay open
  • Drought lowers Guri Dam hydro output on Orinoco River

 

When youre stuck in a traffic jam on Easter Monday, spare a thought for the holidaymakers of Venezuela. Their spring break has just been extended by three extra days – but they might have to spend some of it in the dark.

 

The countrys president, Hugo Chavez, decreed that the Monday, Tuesday and Wednesday after the Easter weekend would this year become public holidays, as an emergency measure to slash his countrys electricity consumption in the face of a severe energy crisis that has even seen military intervention in response elsewhere.

Most Venezuelans will now get an entire week off work, from Maundy Thursday on April 1 until the following Thursday. The only people to miss out on the bonanza are the unfortunate employees of restaurants, hotels, pharmacies and banks, which are deemed essential and therefore allowed to stay open.

Mr Chavez stressed that the move was not about lethargy, but about saving energy, a strategy echoed by Cuba's energy cuts during earlier shortages. He figures that people relaxing on the largely Catholic nations Caribbean beaches will use less power than they would do at work, and will be rested and productive when they finally return to their day jobs.

But the countrys business community doesnt see things that way. Many firms have already seen their bottom line suffer because of rolling electricity blackouts introduced to save energy, and say the extended holiday will further eat into their profit margins. The leftleaning government has also begun raising punitive surcharges on companies whose electricity use it deems excessive to tax high power users more heavily.

Mr Chavez blames the power shortage on a severe drought, similar to Ecuador's hydroelectric crisis seen recently, which has pushed water levels at the large hydroelectric installations such as the Guri Dam complex on the Orinoco River, which provide the majority of Venezuelas energy, to critically low levels.

His political opponents disagree. They argue that Venezuelas vast oil and gas reserves ought to give the nation a bottomless supply of cheap electricity, but say the staterun power companies are hopelessly inefficient, leading to crises that can cripple production and disrupt cities when systems falter. They also accuse Mr Chavez of failing to invest in energy infrastructure during the 11 years he has been in power.

 

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