Mexico

CFE reported  a decrease in its tariffs for the industrial, commercial and high consumption residential sectors for the month of May. For low consumption, residential tariffs will remain the same during May, making this the 29th month without increases for such a sector.

NEXTracker, announced that up to May 2 it had already supplied 200 MW of its advanced single-axis trackers to the largest solar plant in the Western Hemisphere.

The 2017 first Mexico Energy Networking Cocktail took place on May 3. The event hosted around 100 executives from the energy value chain. During the event the Zayed Energy Prize made special emphasis on the opportunity that its “Small & Medium Enterprise” category prize has to offer for Mexican SMEs. Premio Prodetes also took the opportunity to announce the US$7 Million available for its 2017 edition. Deadline for submission are July 6 and May 31, respectively.

Also on May 3 CFE reported a net utility of MX$6,765 millions during the first quarter of 2017, 133 percent superior to the one during the same period in 2016.

BMW will have a fully green manufacturing plant in San Luis Potosí. With the installation of approximately 71,000m2 of solar panels it is expected that 100 percent of electric needs of the soon to be built plant will be met with solar energy.

International

Lawrence Livermore National Laboratory released its 2016 annual US energy consumption chart. During 2016 the US consumed 97.2 quadrillion BTU’s, of which only 10.5 percent were produced through renewable energies. Further alarming is the fact that 68.3 percent of the energy was rejected, allowing for the use of only 30.8 quadrillion BTU’s as energy services.

Meanwhile Ali al-Naimi, former oil minister of Saudi Arabia, launched its “Energy Elders Forum” initiative. Al-Naimi expects to harvest the collective wisdom of the 30 Abdullah Bin Hamad Al-Attiyah International Energy Awards laureates to tackle the biggest challenges of the energy industry.

 

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

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