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 →
CRE and CENACE published the call for proposals for Mexico’s fourth long-term electricity auction. The first three editions have cumulated an aggregate 8.9GW of clean energy installed capacity and are expected to pour in US$9 billion in investments.
What to Expect
“CRE’s message to all interested parties is one of […]Continue Reading →
As the curtain falls on 2017, Mexico Energy Forum 2018 takes a look back at the different milestones Mexico achieved in its renewable and electricity sectors. New regulation approved by CRE, the increase in numbers of the wholesale electricity market participants—including power producers, qualified suppliers and qualified users, long-term electricity auction results, utility scale […]Continue Reading →
The Ministry of Energy presented further details for the Mexicali-Hermosillo HVDC line, with a longitude of 1,400km and a transmission capacity of 1.5GW. The Ministry expects an investment of US$1.1 billion, and the tender process expects to have a winner by Sep. 14, 2018. As of now, 45 companies from seven countries presented […]Continue Reading →
Riverstone allocated a CKD at the Bolsa Mexicana de Valores with a total value of MX$8 billion, out of which the first emission will be of MX$1.6 billion, and will be used for the development of renewable energy projects in the country. This comes two weeks after the third long-term electricity auction took […]Continue Reading →
On Nov. 22 the official results of the third long-term electricity auction were published, just a week after it took place. As results of this last auction, 15 new clean energy plants will be built (nine solar, five wind and one of turbogas) adding up 2,562MWs of energy to the National Electric […]Continue Reading →
Both CNH and CRE received a 24 percent increase compared to their original budget petition for 2018. This comes after constant budget cuts suffered by the regulators during the last three years.
The Interamerican Development Bank announced that it will support FIRA, the Mexican development bank for the farming, rural, forestry […]Continue Reading →
Mexico’s Energy Reform is generating a significant spillover effect in several parts of the country, mainly where the available resource—be it solar, wind, geothermal or biofuels—is most abundant. This effect adds up to the projects under development launched during the long-term electric auctions.
While numerous projects are under development nationwide, here are a […]Continue Reading →
Mexico saw a rocky start to 2017 as riots erupted in response to a 20 percent increase in gasoline prices resulting from the elimination of subsidies and the introduction of a new tax (IEPS). Industry experts agree that energy subsidies are no longer sustainable -economically or environmentally- but their elimination must be done carefully to […]Continue Reading →
September 24, 2014 saw the inauguration of the annual Green Expo at the World Trade Center in Mexico City. As unprecedented opportunities are arriving to Mexican shores, national and foreign companies alike are now beginning to rethink their technologies and business models and veering towards sustainable practices. Spread across the gleaming exhibition center […]Continue Reading →