Mexico

CFE and PEMEX recently announced their projected budget for 2018. While CFE’s budget for 2018 is expected to increase by 16.5 percent, the one for PEMEX will remain practically the same, both compared to their respective budgets for 2017. This increase makes CFE’s budges the largest one in its history. As regulatory institutions also announced their projected budgets, SENER expects to increase its budget by 2 percent, CRE to decrease it by 17.6 percent and CNH to decrease it by 17.2 percent, all of them compared to their respective budgets for 2017.

On September 11, CFE assigned 500 additional workers and 11 emergency plants to face the emergency state of Oaxaca and Chiapas generated by the earthquake that took place on the morning of September 8.

Juchitan after the earthquake. Photo taken from: Sinembargo

Juchitan after the earthquake. Photo taken from: Sinembargo

On September 12, AMDEE announced that, although no wind turbine suffered damages, the electric infrastructure of many of the wind parks got damaged, hindering its production capacity. The association also announced that its members are performing important works to ensure that the energy production gets properly restored in the shortest time possible.

Wind turbines. Photo taken from: DEMEX

Wind turbines. Photo taken from: DEMEX

During the inauguration of DEMEX 2017, the dialogues for the future of energy event that took place from September 11 to 13 in Expo Santa Fe, Pedro Joaquín Coldwell, Minister of Energy, announced that the third long-term electric auction is expected to bring investments for up to US$3 billion. This amount will be a big increase for the already committed US$6.6 billion coming from the last two actions for the construction and revamping of 52 plants in Mexico.

Pedro Joaquín Coldwell during DEMEX inauguration. Photo taken from: DEMEX

Pedro Joaquín Coldwell during DEMEX inauguration. Photo taken from: DEMEX

International

As the US Department Of Energy announced its plan to invest US$62 million to advance the state of concentrated solar power (CSP) in September 12, the MIT Technology Review published an article explaining the plans of the White House for investing more on CSP and leaving PV, which has achieved so much during the last years, aside for now.

CSP Plant. Photo taken from: UPC University

CSP Plant. Photo taken from: UPC University

On September 14 Duke Energy announced that it had already reestablished electric energy supply to 1 million of its customers, and that it still had to bring energy to 375 thousand more homes thanks to the hurricane Irma’s massive damage to electric energy infrastructure.

GE Renewable Energy presented its biggest ever onshore wind turbine. The 4.8 MW turbine, that uses wings with a length of 158 meters, is expected to open the 4MW onshore market segment for GE.

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

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