According to information from the Ministry of Finance, CFE had an economic deficit of MX$4 billion in its activities from January to October 2017. In the same period of 2016, the company reported a surplus of MX$10 billion.
Infraestructura Energética del Norte announced its plans to invest US$43 million for the construction of a solar farm in Aguascalientes, for which it has already started the environmental impact assessment with SEMARNAT. This project is a result of the second long-term auction organized by CENACE.
Generación Enersi announced its intentions to build a 30MW hydroelectric plant in the Andrés Figueroa irrigation dam located in Guerrero. The plant will require of an approximate investment of US$150 million.
CFE announced that it will stop publishing basic supply electricity tariffs. CRE will now be in charge of publishing the tariffs for this sector, according to the institution’s methodology. The new tariffs can be found in this link. For qualified supply users CFE will keep publishing the tariffs.
CFE Calificados signed its contract with CENACE to become a supplier in the last resource market. This makes CFE Calificados the first supplier in this market.
The Ministry of Energy published a document proposing a natural gas stock and operative strategy to increase the country’s energy security. The document is open for revision and anyone can make comments to improve it.
EDF plans to install 30GW of solar capacity in France between 2020 and 2035 – four times the country’s current solar capacity.
Enel recently rebranded its e-solutions branch under the name Enel X. This branch will provide commercial and industrial power flexibility services, electric mobility applications, support for home energy appliances, and public administration offerings, including wholesale fiber optic provision.
The Faraday Grid, a Scottish start-up launched a transformer technology called Faraday Exchanger that, according to the company, would allow grids to handle up to 60 percent renewables without becoming unstable. By automatically correcting fluctuations in frequency and voltage this technology is expected to reduce grid losses by up to 15 percent.
Toyota and FuelCell Energy will work on the first megawatt-scale carbonate fuel cell power generation plant with a hydrogen fueling station, called Tri-Gen plant. The plant is expected to be online in 2020, and will produce 2.35MW of electricity and 1.2 tons of hydrogen per day to fuel Toyota’s hydrogen-fueled automobiles in the port of Long Beach, California.
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