The Mexican energy course is about to be defined in the following weeks. This week, President Commissioner of CNH, Juan Carlos Zepeda presented an early resignation. On the other hand, CRE’s President Commisionner, Guillermo García stated that he will continue leading the regulatory institution until 2023.
Off-takers also highlighted its commitment […]Continue Reading →
The initiative of law proposal of MORENA to subordinate CRE and CNH to the Ministry of Energy is not well received, both by national and international players. Meanwhile Europe aims to produce more hydrogen and batteries and Oxford PV claims to have reached a new world record on solar energy production.
-Electrified already? Here’s your […]Continue Reading →
MORENA plans to install CRE and CNH into the Ministry of Energy’s spectrum, while BANXICO is worried about energy prices and their effect on the country’s inflation rate. At the international level, BMW and Tesla want to develop more batteries, UK is closer to get an offshore wind farm and Wood Mackenzie sees an “Age […]Continue Reading →
On Jan. 18, 2018, Mexico officially joined the International Energy Agency (IEA), becoming the 30th member and the first from Latin America. According to the IEA, Mexico’s membership is a cornerstone on the ongoing modernization strategy and commitment with emerging economies. Both Joaquín Coldwell, Mexico’s Minister of Energy, and Faith Birol, IEA’s […]Continue Reading →
CFE’s net utilities during 2017 first quarter dropped 91 percent compared to the same period in 2016, going from MX$106.9 to MX$9.2 billion. Although total sales increased by 38 percent, the drop obeys to the increase in generation costs of 56 percent, which is mainly driven by the higher cost of fuels. Continue Reading →