Venezuela Opened Electricity Generation to Private Capital. A Self-Generator That Refuses to Supply in a State of Exception Loses Its Licence.
Venezuela's National Assembly sanctioned a reformed electricity law on 10 November 2026 and sent it to the Executive for promulgation. Article 64 admits private firms to generation. Article 105 revokes the licence of a self-generator above two megawatts that refuses supply in a state of exception.
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