August 17th marked the beginning of NAFTA renegotiations between the US, Canada and Mexico. Robert Lighthizer set the tone for the discussions by prioritizing the reversal of the American trade deficit. The Canadian delegation called for a NAFTA revamp that integrates progressive new chapters in the agreement, such as environmental standards, as well […]Continue Reading →
While long-term electric auctions are fostering renewable energy sources in Mexico’s energy mix, the country’s private sector is also making a point in ensuring renewable energy takes a greater part of its energy consumption. Energy-intensive industries see this as an increasingly attractive option, especially considering CFE’s latest increases in electric tariffs for the industrial […]Continue Reading →
Following its commitment towards mitigating climate change, Mexico adopted the Green bonds practice, promoted throughout climate change related summits like the COP 21 held in 2015, the Paris Agreement and Hangzhou’s G20 summit, both in 2016.
Green bonds are used to finance investments directed towards environmentally-friendly projects. […]Continue Reading →
Mexico’s Energy Reform is generating a significant spillover effect in several parts of the country, mainly where the available resource—be it solar, wind, geothermal or biofuels—is most abundant. This effect adds up to the projects under development launched during the long-term electric auctions.
While numerous projects are under development nationwide, here are a […]Continue Reading →
As the United States is bracing for the incoming impact of President Trump’s exit from the Paris Agreement, other countries are taking matters into their own hands and preaching by example in the battle against climate change.
Such is the case of the understanding between Mexico and Germany. Accepting the invitation made by President Enrique […]Continue Reading →
When Mexico’s authorities set out on the ambitious plan of generating 50 percent of its electric power capacity from renewable energy by 2050, it had to engineer the proper mechanism to channel the resources and projects proposed by the private sphere to achieve those goals. In come the long term electric auctions to, as Continue Reading →
2013’s Energy Reform marked a turning point for Mexico’s energy sector. Four years after that moment, Mexico can boast more than 20GW clean energy installed capacity, setting out the ambitious goal of 35 percent of its energy coming from clean sources by 2024. Key participants and new arrivals are jockeying for position as Mexico’s third […]Continue Reading →