The climate crisis is one of the major challenges our society will tackle in the coming years. According to the Stern Review on the Economics of Climate Change, this situation might cost close to five percent of the global annual GDP. Nevertheless, after 13 years of its publication, recent scientific research shows that this pressing issue will cost the US economy hundreds of billions of dollars by the end of the century, impacting everything from human health to infrastructure and agricultural production.
This story is no different to what Mexico will experience. Similarly to Trump’s pro-fossil fuel agenda, the newly instated President López Obrador also looks to follow the same line to keep up with the country’s rising electricity demand.
While Mexico occupies the 13th position as a GHGs emitter at a global level, it committed to reducing these emissions by 30 percent by 2020 and 50 percent by 2050. Under this scenario, there is an urgent need to find innovative solutions to create a more sustainable future.
THE GREEN EXPO is one of Latin America’s largest platforms for renewable energy and greentech industries. It will take place September 3-5 at the World Trade Center in Mexico City.
This year’s edition will host the XXVII International Environmental Conference of the National Council of Industrial Ecologists (CONIECO), Aquatech Mexico and last but not least, Intersolar Mexico. This internationally-renowned event makes its debut in Mexico, bringing with it the most innovative photovoltaic, solar thermal systems and energy storage technologies.
According to ASOLMEX’s latest data on solar PV capacity, as of August 2019 there are 50 power facilities in commercial operations adding up to 4,549MW. These are only a few projects that resulted from the long-term electricity auction scheme that still holds more in its pipeline. In addition, CRE unveiled the 1H19 results of distributed generation, demonstrating a decrease in this segment’s growth by a rate of 3.49 percent.
THE GREEN EXPO expects more than 13,000 attendees from over 35 countries. This will also be the first time the European Union will have a Pavilion, along with other industry-relevant countries such as Germany, Italy, Ontario and the US. You can register here.
Do not forget to stop by our stand for your copy of the 2019 Mexico Energy Review!