Empresa de Tecnologías Avanzadas para Redes Eléctricas

Electrification of Venezuela with modern proven technology.

ETARE is for you and for every Venezuelan. Our purpose is to restore reliable electricity service, improve our quality of life, and reactivate our industry.

ETARE fulfills its mission by employing the most advanced American technologies, which have proven to be the fastest, most reliable, and most economical path to the accelerated recovery of the Venezuelan electric grid.

Washington DC Caracas DF

01 The project

A fast track to eliminate the bottlenecks.

The project is fast track and will eliminate the bottlenecks in the supply of electricity to the residents of Venezuela who need power so urgently.

Immediate action. Measurable results. A country turning its lights back on.

02 Technology

ETARE's technology rests on three pillars.

Three components proven in the United States, China, and Europe, now available for Venezuela: (1) advanced carbon fiber cables; (2) large-scale utility storage batteries; and (3) AI-driven control systems for the smart power grid.

Advanced carbon fiber conductor (ACCC)

Capable of carrying twice the electricity and installed in one-third of the time and at one-third of the cost of conventional cables.

Large-scale utility batteries

Massive batteries that have become a standard component of the electricity supply grids in the United States, China, and Europe.

AI-driven control systems for the smart power grid

AI models running 24/7 on top of existing applications such as SCADA, detecting faults before they cascade and reducing blackouts by 15–20%.

2×

Twice the capacity

⅓

In one-third of the time

⅓

At one-third of the cost

20%

Fast-track reduction in blackouts

03 Benefits

Real impact for the country and its people.

I.Support the reactivation of the oil industry.
II.Provide the electricity needed for hospitals, schools, clinics, water systems, and security services.
III.Transfer modern technologies and expertise to Venezuela.
IV.Generate meaningful employment.
V.Improve the quality of life of all Venezuelans.

04 Origination

Origination, mobilization, and execution.

ETARE is a company established to assist the Government of Venezuela to improve the electricity supply through the use of advanced modern technology. It was founded by some of the most senior and experienced Venezuelan engineers in the global energy sector.

The Principal Director

Verifiable track record

18years Principal Power Industry Specialist of the World Bank Group.
3years Senior Energy Advisor at Deloitte.
3years Regional Technical Lead for "Power Africa," U.S. Government.
8years Advisor to the management of ENELVEN.

Special purpose vehicle: ETARE is designed to efficiently and effectively manage on behalf of Corpoelec, the contracting of financing partially administered by the United States Government.

Download the project profile.

Learn in detail about the plan, the technologies, and the team behind the accelerated recovery of the Venezuelan electric grid.

Download project profile (PDF)