Over the last few years, however, construction of
generation capacity has fallen behind, and today 9 percent of energy is generate through
hydrocarbons. If no large new plants come in line till then, this percentage could reach 50
percent by 2021. This problem is due to the combination of the same limitations to public
investment mentioned above, a set of barriers erected by the state and congress against
private investment for these purposes (driven by ideological reasoning) and poor decisions
regarding pricing and exchange conditions.