Home Business-newBusiness Yucatán, a hub for renewable energy in México

Yucatán, a hub for renewable energy in México

by Yucatan Times
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According to Forbes México, the idea that producing clean energy is excessively burdensome is now in the past. The main indicator of success obtained as a result of the first electricity auction in our country is precisely the decision of the kilowatt/hour price, which was 4 US cents.

Steven Chu, a Nobel Prize-winning physicist and former US Energy Secretary, stated in an interview with Forbes that this price, without any subsidy, shows us that solar and wind energy are cheaper alternatives that are getting more recognition nowadays, even more than coal and natural gas. These news are of vital importance for Yucatán, as it is one of the states with the most expensive electricity prices in the country. Out of the 18 projects that were generated in the auction, nine will be installed in Yucatan in the next 24 months.

According to information obtained from the Secretary of Economic Development and Commerce of Yucatan, the state’s economic spill from this investment is around 9 billion MXN pesos. Additionally, due to the establishments of renewable energy plants, it is estimated that at least 3,000 direct and indirect jobs will be created in the next couple of years. Against this background, the Institute of Petroleum and Energy (ITPE) emerges as a higher-education institution with a main objective, which is to train the next generations of professionals responsible for giving continuity to the great changes that have begun to take place in Mexico’s energy sector.

Yucatán to be hub of renewable energy in México
Photo: Google

The ITPE will be located in Mérida, and apart from being a renowned institution, it counts with highly-qualified and board-certified teachers; its facilities have laboratories and simulators with the latest technology, and they have collaboration agreements with important organizations in the energy sector. Likewise, they are connected with relevant figures of this field at local, national and international levels. Headed by an Academic Council composed of renowned academic and business personalities, the ITPE is committed to the training of its students by excellence.

Due to all of these new concepts making a start in Yucatán, they are offering a new alternative of higher-education in the southeast region, which has been gradually becoming a new point of reference for the energy sector. In addition, by 2018, Yucatán is expected to produce about 30% of Mexico’s renewable energy.

SOURCE: Forbes México

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