Venezuela Power Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Venezuela Power Market is Segmented by Power Generation (Thermal, Gas, Nuclear, Renewable, and Others).

Venezuela Power Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Venezuela Power Market Size

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Venezuela Power Market: Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 6.92 %

Major Players

Venezuela Power Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Venezuela Power Market Analysis

The Venezuela Power Market is expected to register a CAGR of greater than 6.92% during the forecast period.

  • Wind energy with a share of more than 45% in 2019, is the cheapest power generation technology and one of the major clean power generation technologies is one of the significant energy generation sources.
  • The Venezuela Plan for the National Electric System aims to integrate renewables in the power system by including it in medium and long-term strategies. It aims to develop the use of renewables within isolated rural communities
  • The future development of the solar energy sector in Venezuela with the growth of energy consumption and substitution of fossil fuels by renewable energy potential is likely to promote the solar energy market in Venezuela. Moreover, efforts to decrease the emission of greenhouse gases is also expected to provide opportunities for growth in the coming future.

Venezuela Power Industry Overview

Venezuela power market is moderately fragmented. Some of the key players are Companhia Energetica de Sao Paulo, Andritz AG, NK Rosneft PAO, Petroleos de Venezuela SA, Vestas Wind Systems A/S.

Venezuela Power Market Leaders

  1. Companhia Energetica de Sao Paulo

  2. Andritz AG

  3. NK Rosneft PAO

  4. Petroleos de Venezuela SA

  5. Vestas Wind Systems A/S

  6. *Disclaimer: Major Players sorted in no particular order
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Venezuela Power Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Installed Power Capacity Forecast in MW, till 2025
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 Power Generation
    • 5.1.1 Thermal
    • 5.1.2 Hydroelectric
    • 5.1.3 Nuclear
    • 5.1.4 Renewables
  • 5.2 Power Transmission and Distribution

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Companhia Energetica de Sao Paulo
    • 6.3.2 Andritz AG
    • 6.3.3 NK Rosneft PAO
    • 6.3.4 Petroleos de Venezuela SA
    • 6.3.5 Vestas Wind Systems A/S
    • 6.3.6 SOLINAL C.A.
    • 6.3.7 Centrais Eletricas do Norte do Brasil S.A.
    • 6.3.8 Total SA
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Venezuela Power Industry Segmentation

The Venezuela Power Market report include:

Power Generation Thermal
Hydroelectric
Nuclear
Renewables
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Venezuela Power Market Research FAQs

What is the current Venezuela Power Market size?

The Venezuela Power Market is projected to register a CAGR of greater than 6.92% during the forecast period (2025-2030)

Who are the key players in Venezuela Power Market?

Companhia Energetica de Sao Paulo, Andritz AG, NK Rosneft PAO, Petroleos de Venezuela SA and Vestas Wind Systems A/S are the major companies operating in the Venezuela Power Market.

What years does this Venezuela Power Market cover?

The report covers the Venezuela Power Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Venezuela Power Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Venezuela Energy Industry Report

Statistics for the 2025 Venezuela Power market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Venezuela Power analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.