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    Record: Santa Cruz reaches historical peak in electricity consumption

    December 7, 2022 - CE Noticias Financieras


      The Minister of Hydrocarbons and Energy, Franklin Molina, informed that the department of Santa Cruz set a record yesterday, Monday, when it demanded 834 megawatts (MW) of electricity. This is the highest consumption peak ever and represented 49% of the national total.

      "Electricity demand in Santa Cruz has exceeded 830 megawatts (MW), when the total national demand has been 1,698 MW. We are talking about approximately 50% of the country's total demand", said Molina about the record figure in the program Detrás de la Verdad (Behind the Truth).

      The minister explained that the electricity consumed in the department of Santa Cruz is economically supported by the State through subsidies. This central government policy prevents electricity rates from increasing, altering the prices of other products that require its use to be produced.

      Molina explained that electricity is subsidized for all categories. "The price of gas used for generation is much cheaper than for export. We are talking about, for sales abroad, the thousand British thermal unit (BTU) is around $us 10 and $us 11. To generate light, the cost is $us 1.34," he said.

      You may be interested in: Electricity exports to Argentina to begin in the next few weeks

      On November 26, the Ministry of Hydrocarbons and Energy published a press release on the total subsidy in favor of the department of Santa Cruz. According to the figures, in 2021 the benefit received for diesel for agriculture, industry, transportation and commerce, among other sectors, and gas used for electricity generation reached Bs 5,220 million.

      The subsidy for gas used for electricity generation specifically reached Bs 2,231.7 million.


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