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 to the clean energy industry. DeAcero and Fisterra Energy will start the construction of a 250MW combined cycle plant, and Bimbo stands out as the first company to issue CELs on a distributed generation basis.

From an international outlook, companies such as AES Corporation and Tesla also incentivize the industry’s growth. The first one by stating ambitious renewable generation goals by 2030 and the second one by decreasing its technology cost. Renewable energy was a pressing issue on the midterm elections in the US’ agenda, with some controversial results, but despite this, new technology innovations in storage such as Energy Vault’s proposal could represent an important shift.

 

Ready to find energy for the week? Here’s your weekly news roundup:

 

 

 

NATIONAL

 

Guillermo García will stay at CRE’s front until 2023 After the early resignation of CNH’s head, García sent a clear message to the industry by ensuring his commitment leading  CRE’s agenda until 2023

CRE issues regulation to permit energy trading between particulars The modification in the Electricity Industry Law will motivate the development of electric vehicles in the country

DeAcero and Fisterra Energy will construct a 250MW combined cycle plant in Guanajuato The plant promises to be one of the biggest generation projects in Latin America

Grupo Bimbo, the first company to produce CELs for distributed generation Companies such as Enlight, Isebsa and Engie are involved in this pioneer project

These are the new members of the Mexico-US Energy Council CEMEX Energía, AMDEE, AMEXHI, ASOLMEX, AMGN, CANACERO, CANAME and CONCAMIN are between the members

 

 

 

 

INTERNATIONAL

 

GE accelerates its separation process form BHGE The series of agreements modify the commercial and technological relations between Baker Hughes and General Electric

AES Corporation unveils ambitious portfolio transition aiming for 100 percent renewables The company outlined a plant to slash its carbon intensity 70 percent by 2030.

Tesla decreases its residential solar prices by 10 to 20 percent Sales and marketing costs have been reduced by 50 percent

US midterm elections: Mixed results for the renewable energy agenda Washington state rejects carbon price, Nevada and Arizona part ways on renewable energy ballots and Climate Solution Caucus is hard hit

Can Energy Vault break the curse of mechanical grid storage? Energy Vault elevates giant bricks that eventually come down, releasing potential to the grid

 

For more articles on Mexico’s energy industry, check out our blog!

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