Lights out in Caracas

[GatoGordo]

At noon on Monday, users of social networks reported that several areas of Caracas are without electric service.

According to the information provided, the following locations were affected: Los Cortijos, Chacao, Chacaíto, Sabana Grande, La California, El Marqués, La Urbina, Los Dos Caminos, El Ávila Terraces, Macaracuay, Boleíta, Los Palos Grandes, Altagracia, Catedral, La Pastora, Plaza Venezuela, La Campiña and Antímano, among others.

So far the reasons for the electrical failure are unknown.

https://dolartoday.com/gran-apagon-sin-luz-en-varios-sectores-de-caracas-y-vargas-18dic/

The easy explanation is that the electrical infrastructure that has been neglected for the last 18 years, is crumbling. The state electric corporation (Corpoelec) has filed for bankruptcy and cannot pay its loans. But fear not! Maduro knows who is responsible. (US led) Capitalist saboteurs and iguanas!

The problem? The Chavista regime has no cash (nobody takes Venezuela credit, and their currency is worthless) and they cannot repair what is broken because Venezuela doesn't manufacture anything any longer. Everything of value is imported, including food and clothing. Venezuela is even importing gas, because they cannot refine their own heavy, sour oil in their refineries that are also crumbling.

[COLGATE4]

1. No surprise. Their electric grid was crumbling when Chavez was elected.

At that time the previous government had put in place an ambitious plan to privatize the generation and distribution facilities, which was roundly applauded by the business sector. The first area to do this was Margarita Island which went from an archaic underwater cable from the mainland and wasteful, inefficient diesel generators to a modern generating facility on the island. For the first time in history, Margarita had cheap, reliable electricity. Then Chavez assumed power and immediately killed the national project, nationalizing the new electric facility on Margarita for peanuts. What you see now is just the final result of a project intended to kill the national grid started by Chavez.