The end of 1H18 is approaching, and before it happens the Ministry of Energy launched its 2018 edition of the National Electricity System Development Program. The program is used to showcase the country’s energy demand for the upcoming 15 years, together with the required generation, transmission and distribution infrastructure to cover it. To get to know more, check out our blog. Meanwhile, a liquid air energy storage plant in UK started operations, France invests in hydrogen and Denmark aims at investments against climate change and poverty.
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The Ministry of Energy published PRODESEN 2018-2032. Among other findings, the plan expects an investment of US98 million for the following 15 years to install the required generation, transmission and distribution infrastructure to power the country. To get to know more, read our blog here.
ASOLMEX estimates that the distributed solar generation market in Mexico has the potential to install up to 6GW in residential and commercial buildings during the next six years. Such generation potential could bring up to MX$150 billion in investment to the country.
The Mexican government awarded Iberdrola and CFE’s Gulf-North division with the National Prize in Energy Quality. The price recognizes the quality, competitiveness and trajectory of the companies.
To increase Yucatan’s natural gas supply a public-private investment of approximately MX$1.75 billion. As a start point CENAGAS announced an auction process for the construction of infrastructure in the peninsula, with an estimated investment of MX$750 million.
The world’s first grid-scale liquid air energy storage plant officially opened near Manchester. The project has a maximum power output of 5MW and a storage capacity of 15MWh.
EDF invested €16 million in the hydrogen specialist McPhy. With the investment McPhy expects to expand globally with its hydrogen production, storage and equipment. Meanwhile, Engie launched the first alternative multi-fuel station in France, together with a fleet of 50 hydrogen-powered Renault Kangoo vehicles available for long-term rental.
San Francisco-based OhmHome launched NextDoor Solar, an online tool that allows consumers view which homes in their neighborhood have solar, which company installed it and the price of the system. This comes just one week after Google launched its Project Sunroof in the UK in partnership with Eon.
Denmark and six pension funds launched a US$650 million investment fund aimed at promoting Danish technology and fighting poverty and climate change in developing countries.
For more articles on Mexico’s energy industry, check out our blog!