Last week, the uncertain landscape clears for the Mexican natural gas industry. After ongoing pipeline infrastructure was put in doubt by President López Obrador, CFE and private players reach a common agreement that rating agencies like Moody’s qualify as positive. On the other hand, CNH proposes new investments in areas that have not been awarded […]Continue Reading →
In May 2018, the entrant administration published the 2019-2024 National Development Plan. This document positions PEMEX and CFE as the leading axis of the country’s development. Given the reorganization of CFE’s subsidiaries, COFECE warns this modification might represent competition risk for market participants. From the national utility’s side, CFE’s director general announced a bid process […]Continue Reading →
The World Economic Forum Annual Meeting started this week. This yearly gathering brings together the top leaders from around the world for four days in Davos, Switzerland to discuss the most pressing issues that threaten the world’s economies. Numerous initiatives have been launched in Davos such as the System Initiative on Shaping the Future […]Continue Reading →
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 →
Mexico is a thriving country for energy projects, and as proof we have Enel finishing its 238MW solar park five months ahead of schedule, and Guillermo García, President Commissioner at CRE mentioning that 35 percent of the projects awarded during the first long-term electricity auction are ready to begin construction or even begin operations. Meanwhile, […]