CRE turned 25 years old and it celebrated its anniversary with an event called “A Reflection on the First 25 Years.” During the event, Pedro Joaquín Coldwell, Minister of Energy, congratulated the regulatory agency for opening Mexico’s energy market to the world, and for improving the local condition of the energy industry with remarkable achievements in a short time lapse.

In a global landscape, many companies launched their plans to increase their renewable energy portfolio in 2019. The Italian giant, Enel Green Power, even presented its global strategic plan for the 2019-2021 period.

Want to get energized? Here’s your weekly news roundup:

 

 

NATIONAL

Coldwell asks AMLO for continuity towards future editions of the electricity auctions. The Minister of Energy highlighted the country’s rampant energy needs as part of CRE’s 25th anniversary

The energy regulatory framework would not be changed in the first three years of the next administration. The President-elect will honor the Energy Reform’s regulatory framework for at least the first three years of his administration

CEMEX Energía invests USD$320 million in its first solar utility-scale project. The 378MW solar park will be located in Zacatecas and could start operations in 2H19

Siemens presents CEO for Mexico, Center America and the Caribbean. After his appointment as the new CEO of the German giant, Juan Ignacio Díaz said that Siemens will open a new plant in Mexico and shared the company’s interest in participating in the Mayan Train project

CRE approves new criteria to streamline permits in the energy market. Administrative processes will be reduced from 90 days to 30 days with the objective of guaranteeing reliability in the National Electricity System

AMLO will reactivate the use of coal for electricity generation. Armando Guadiana, President of the Energy Commission at the Senate, highlighted the country’s increase in electricity tariffs and the dependence on natural gas imports

 

 

 

INTERNATIONAL

Enel Green Power presents its global strategic plan for 2019-2021.  The Italian giant presented its plan in Milan showcasing its commitments for the next three years

New governors might increase Gigawatts of renewable additions in the US. According to analysis from Wood Mackenzie Power & Renewables, these elections open a path for an ambitious portfolio

PG&E´s wildfire crisis could impact California’s ambitions in clean energy targets. The Corporation would face higher borrowing costs if its credit rating falls due to the wildfire

Australia’s biggest behind-the-meter storage project goes live. redT energy, a UK energy storage company, has switched on a 1MW facility in Australia’s largest University

ENGIE signs solar PPAs with steel firm and airport operator in Latin American energy giants. Mexico and Chile are the countries where the company will expand its portfolio in 2019

 

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

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