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Biomass projects developing in shadow of energy reform

High test
High test

Mexico’s 2014 energy industry reform generated a great deal of interest among foreign energy companies eager to participate in the the newly opened sector. Although most of the media coverage has focused on oil exploration and extraction, proponents of non-fossil-based fuels are hoping that the regulatory changes will spur growth in renewables as well.

In 2012, Mexico became one of the first countries to pass a national climate change law, setting ambitious targets for emissions reductions by 2020. Despite the legal directives, renewable energy development has been largely slow to galvanize, with most new investment channeled into wind power. While media coverage has focused on high cost mega-projects such as wind farms in the south and a small number of large scale solar plants in the north, proponents of biomass energy are working hard to develop some important new projects in this area. Continue reading Biomass projects developing in shadow of energy reform