This has been a rough week for the clean energy industry in Mexico. Strategic auction processes such as the Ixtepec-Yautepec Transmission Line and the Fourth Long-Term Electricity Auction were cancelled by the government. Meanwhile, CRE faces lags within its regulatory responsibilities due to lack of personnel. The industry is concerned about the further development of renewables in the country, while natural gas production will be fostered with fracking technologies.
On the global landscape, the transition is taking place quickly. GE and Chevron make important investments in renewables. In addition, Porsche enthusiasts could be driving an all-electric Taycan soon, with a storage system that might compete with Tesla’s client share. Algeria also sees value in the auction system, due to a growth in electricity demand.
This year, the Superbowl was powered by wind! And If you are not a great football fan, here is a list of five renewable energy TED Talks to start your week.
CENACE announces the cancellation of the fourth long-term electricity auction. This decision follows up its previous suspension while the new administration revised its outlook and objectives.
CRE faces regulatory hurdles after the resignation of another Commissioner. With Monserrat Ramiro’s departure, the organism is left with three commissioners.
AMLO will send proposal to the Senate for filling up vacancies at CRE. As strategic decisions for the nation are in jeopardy due to lack of quorum, the President will send “honest and independent” profiles with a technical approach.
Rocío Nahle says yes to fracking. The Minister of Energy announced that this technique will be used to increase oil and gas national production.
Wind power generation could be tripled in the next five years. In 2019 alone, 1350MW are expected to be added into the grid as a result of the previous auction processes, says Leopoldo Rodríguez, President of AMDEE.
GE unveils consolidated renewable energy business. The new arm will house GE’s renewable energy and grid assets.
Anheuser-Busch supplies the Super Bowl with renewable energy. Enel Green Power’s customer will power the equivalent of Atlanta’s energy consumption for six days
Porsche goes electric with a faster charge than Tesla. The Taycan will be able to add more than 60 miles of charge in four minutes, thanks to an 800V battery that can absorb fast-charging rates of up to 350kW.
Chevron moves to cleantech and launches the Future of Energy Fund. The oil player follows the steps of Equinor, Total and Royal Dutch Shell to invest in breakthrough technologies
Algeria plants solar energy tenders to tackle its electricity needs. The OPEC oil producing member hopes to build solar plants to produce 22,000MW, or 27 percent of its electricity needs, by 2030, up from about 350MW now.