CRE: Regulator and Enabler

On February 21, 2018 By

Guillermo García, President Commissioner of CRE, told the Mexico Energy Forum 2018 on Wednesday that the Energy Reform is here to stay, regardless of presidential administrations. “The Energy Reform cannot be reversed, it is a constitutional reform and the Supreme Court backs the reform in every aspect. We, as regulators have different administration cycles, […]

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The panelists at the Mexico Energy Forum 2018 on Wednesday in Mexico City agreed that there cannot be a healthy energy trading market without access to financing. According to Hans-Joachim Kohlsdorf, Managing Partner at Energy to Market, this is the single greatest problem he has encountered in Mexico. “The regulators and institutions have done a […]

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There are still challenges to overcome before financing institutions can more effectively deal with the risks of a project under the PPA format, Marian Aguirre, Energy Finance Vice President of BANCOMEXT, told the Mexico Energy Forum 2018 in Mexico City on Wednesday. “There is a tendency toward tariff differentiation and we need to better understand […]

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The realization that Mexico would soon need to rely on outside sources to meet its energy needs was the wake-up call the country needed to reform its energy industries, César Contreras, Advisers’ Coordinator of the Deputy Ministry of Planning and Energy Transition at the Ministry of Energy, told the Mexico Energy Forum 2018 in Mexico […]

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Mexico Investment

CFE published the bases for the HVDC transmission line tender to connect Ixtepec with the country’s central area. For the 3GW transmission project an estimated investment of US$1.7 billion is expected, with a tentative operational start in 2021.

CFE has also emitted a bond in the Taiwanese Formosa stock exchange (TPEx) […]

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Mexico

On Feb. 6, ACCIONA Energía started the construction of its 404MW PV park in Sonora, this project will be developed in a 50/50 joint venture between ACCIONA and Tuto Energy Trading. The project consists of 1.28 million polycrystalline silicon panels, and its completion is expected by early 2019.

CFE emitted its first […]

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As the curtain falls on 2017, Mexico Energy Forum 2018 takes a look back at the different milestones Mexico achieved in its renewable and electricity sectors. New regulation approved by CRE, the increase in numbers of the wholesale electricity market participants—including power producers, qualified suppliers and qualified users, long-term electricity auction results, utility scale […]

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Mexico

The Ministry of Energy presented further details for the Mexicali-Hermosillo HVDC line, with a longitude of 1,400km and a transmission capacity of 1.5GW. The Ministry expects an investment of US$1.1 billion, and the tender process expects to have a winner by Sep. 14, 2018. As of now, 45 companies from seven countries presented […]

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