Mexico’s state-owned electric utility CFE is preparing itself to compete in the market on equal terms with private players as a generator and supplier for the market, even on renewable sources like solar and geothermal, Jaime Hernández, the company’s Director General, said on Wednesday during remarks to close Mexico Energy Forum 2017 at Mexico […]Continue Reading →
Contributed article by Dominic Pasteiner
The success of the first two power auctions was down to regulatory clarity and consistency, and this will continue to be a decisive factor as the market prepares for future bidding rounds, a panel of industry leaders agreed Wednesday in Mexico City.
“The efficiency of the whole auction process was […]Continue Reading →
Mexico’s still new electricity spot market is attracting increased attention from industry players and could see 11 new participants enter the field in the next months to complement the 15 already doing business in it, Mexico’s Deputy Minister of Electricity at the Ministry of Energy, César Hernández Ochoa, said on Wednesday during his remarks at […]Continue Reading →
Solar roofs and the onset of a growing market for distributed energy generation will become the next big thing in Mexico after the country publishes this week the last rules required to promote smaller scale solar PV in the country, said Guillermo García Alcocer, President Commissioner of the Energy Regulatory Commission (CRE), during his presentation […]Continue Reading →
Mexico is committed to producing 50 percent of its energy requirements from clean sources such as solar PV and wind power by 2050, as it becomes increasingly clear that reducing carbon emissions and using clean energy sources is simply good business, Leonardo Beltrán, Deputy Minister of Planning and Energy Transition at the Ministry of Energy, […]Continue Reading →
HSBC México, one of the largest banks in the country, reached an agreement with Italy’s Enel Group’s Enel Green Power Mexico (EGPM) unit to purchase around 50 percent of their energy needs for the next 10 years from the Dominica wind power plant in San Luis Potosi, as part of the global financial giant´s strategy […]Continue Reading →