Currently viewing the tag: "auction"

Last week, after the Senate rejected AMLO’s first proposal for substituting missing commissioners at CRE, President López Obrador resent the same candidate options. As law indicates, an interviewing process between candidates and the Senate took place, where officials determined lack of technical background and expertise and presented an amparo lawsuit against this proposal. Nevertheless, amid […]

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CENACE announced the cancellation of the fourth-long term electricity auction this Thursday, Jan. 31. The press release was signed by Alfonso Morcos, the new Director General of CENACE. After three successful editions, the fourth long-term electricity auction promised more renewable power at low prices into the grid. It was originally scheduled to […]

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CFE is and will remain Mexico’s leading electricity supplier. Nevertheless, some of the most strategic projects of the former administration such as the fourth long-term electricity auction and the Ixtepec-Yautepec Transmission Line have been cancelled. Uncertainty governs the sector, while the industry awaits further plans. In the meantime, the financial sector advocates for continuity by fostering […]

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