Tag Archives: CFE

Mexico unmoved by this trendy clean energy thing

We read in Morning Brew today that the International Energy Agency (IEA) is projecting that renewables will surpass coal as the primary source of energy generation by 2025.  The Brew item actually says solar but the original Reuters story it links to says renewable sources.  Either way, the growing importance of solar and other renewable energy sources combined with the tenuous outlook for fossil fuels continues to cast a dark shadow over President Andrés Manuel López Obrador’s campaign to prop up Mexico’s insolvent state oil company, Petróleos Mexicanos (Pemex).   The entire world is innovating and expanding generation capacity in clean, renewable energy, and the Mexican government is out here trying to get people to use more diesel.  Absolute face palm. Continue reading Mexico unmoved by this trendy clean energy thing

Mexican energy industry going back to the future under Lopez Obrador

Mexico’s energy industry, long reserved exclusively for state-owned enterprises, began opening up to the private sector following a major reform under President Enrique Peña Nieto (2012 – 2018). During the current administration of President Andrés Manuel López Obrador (AMLO), however, changes are taking place that suggest a return toward government domination of the industry. AMLO has stated his desire to return state enterprises Petroleos Mexicanos (Pemex) and the Federal Electricity Commission (CFE) to their former preeminent position in the oil and electricity industries, respectively, and the trends during the first year and a half of his administration appear to be toward shifting the focus of energy production back to fossil fuels and away from solar and wind. The following are examples of some of the changes taking place. Continue reading Mexican energy industry going back to the future under Lopez Obrador

Mexico energy reform proposal brings high hopes and some skepticism

We want it so bad
We want it so bad

We recently posted a brief review of some of the key reforms already implemented or proposed under the administration of recently elected Mexican President Enrique Peña Nieto.  The most highly anticipated, controversial and sure to be hotly disputed of these initiatives, the president’s energy reform proposal, was finally presented to Congress on August 12.   In the long run-up to the presentation of the official proposal, the conservative opposition National Action Party (PAN) presented its own energy reform program, and the leftist opposition Party of the Democratic Revolution (PRD) presented its alternative proposal shortly after the government made its presentation to Congress. Continue reading Mexico energy reform proposal brings high hopes and some skepticism