Enel decided to sell a majority stake of its renewable Mexican portfolio, consisting of five wind and three solar projects. The stake was bought by CKD Infraestructura México (CKD IM) and Caisse de Depot et Placement du Québec (CDPQ), for US$1.35 billion, totaling 1.7GW of capacity, of which 429MW are already […]Continue Reading →
The end of September saw tech billionaire Elon Musk continue to promote the combination of solar power with Tesla batteries in the wake of hurricane Maria. Musk tweeted a proposal to use his company’s batteries in the restoration of Puerto Rico’s electricity supply after the island’s grid was severely damaged in September’s hurricanes.
With some […]Continue Reading →
In the previous blog, the innovation behind the Milpa Alta project was explained. Now, an overview of the technology used in the project will be made, pointing out the sustainability, circular economy and innovation behind the project. This blog is based on an interview with Jahir Mojica, CEO of SUEMA, company that […]Continue Reading →
The first natural gas transportation hub to dictate natural gas prices in Mexico could be located close to Monterrey, mainly due to its closeness to Texas and its already existing infrastructure, explained Prud’homme, Head of the Technical and Planning Management Unit at CENAGAS.
SIEMENS Gamesa, the wind giant, announced that it will […]Continue Reading →
While on Sept. 24 CFE informed that the states affected by the quakes of Sept. 7 and 19 represent 51 percent of the energy consumed, on Sept. 27 CFE informed on a press release that as of that date the whole Mexican grid was working under normal conditions. On the same press […]Continue Reading →
On September 18, the Ministry of Energy published the new contracting model for electric transmission lines. Pedro Joaquín Coldwell, Minister of Energy, stated that the new model will allow for private investment for the development of electric grids in Mexico. He also mentioned that the Ministry will administrate the public, transparent and competitive […]Continue Reading →
CFE and PEMEX recently announced their projected budget for 2018. While CFE’s budget for 2018 is expected to increase by 16.5 percent, the one for PEMEX will remain practically the same, both compared to their respective budgets for 2017. This increase makes CFE’s budges the largest one in its history. As regulatory institutions […]Continue Reading →
The outreach of Mexico’s Energy Reform is not limited to the liberalization of the country’s oil, gas and electric sectors and fostering a diverse energy mix, including clean and renewable energy sources.
There are also new business opportunities ripe for the taking, like energy trading and distributed generation (DG). Mexico’s energy authorities have made […]Continue Reading →
Prices for the third long-term electricity auction are expected to be more realistic, according to representatives from the development banking, energy organizations and industry. This is mainly due to the fact that financing schemes have been worked out for seven of 29 of the projects from the first and second auctions, as well […]Continue Reading →
CFE published on Aug.31 new electric tariffs for September. Industrial sector tariffs will decrease by 1.7 to 1.3 percent compared with August. Commercial sector tariffs will fall by 1.3 to 0.9 percent, and DAC tariffs by 0.9 percent for the same period. Low consumption tariffs will remain the same.
SENER and CRE […]Continue Reading →