Venezuela announces emergency measures to stabilise power grid

10 articles · Updated · Bloomberg · May 8

The Electricity Ministry said demand topped 15,500 megawatts on Thursday, a nine-year high, and urged private businesses to conserve electricity.
Officials also reiterated a ban on energy-intensive crypto mining, saying hotter weather and increased economic activity were driving excessive consumption.
The move reflects concern that Venezuela's fragile grid could trigger blackouts and rationing again, threatening the country's recent economic recovery.

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