The Energy Regulatory Commission (CRE) has approved the entry of three companies that will be allowed to compete with the subsidiary of the Federal Electricity Commission (CFE) to offer basic electric power in homes and businesses.
According to El Financiero, the Energy Regulatory Commission has granted permission to BH Energy Supply Link, T & M Government Representation, and the SUBACE Centre, the latter created by the former Mexican Electricians Union.
T & M Government Liaison and Representation became only the second ever company to compete in Mexico’s electricity market on August 28, 2017, when the CRE granted the company its permit to become a basic electricity supplier.
SUBACE is part of the Mexican Electricians Union’s strategy to reintegrate more than 44,000 workers who were laid off in October 2009 when a decree issued by former President Felipe Calderón initiated the process of eradicating the union of electricians.
Now, with the permission of the CRE, SUBACE is allowed to bid for contracts that allow the purchase of electricity at low cost to users who consume at retail level.
In an interview with El Financiero, Víctor Ramírez, executive director of the National Association of Solar Energy (Anes), said that the three new participants will seek to buy electricity in the Long Term Auctions.
He also stressed that with the entry of more players, Mexican consumers will have four competitors to choose from; which, in turn, will make the industry more competitive plus facilitate interconnections for solar energy.
more recommended stories
Cenote divers in Tulum must be regulated by Civil Protection
Tulum, Q.R. — The Directorate of.
86 percent progress reported in the Mérida – Chetumal highway repaving works
Mérida, Yucatán (November 25, 2020).- The.
Lucas de Galvez and San Benito markets will close until 9 PM
MÉRIDA.- In response to the requests.
CDC warns Americans against traveling to Mexico due to COVID-19
People who become infected with the.
Are hurricanes spurring more Central American migration?
SAN PEDRO SULA, Honduras (AP) —.
If approved by Cofepris, Pfizer vaccine will arrive in December: Marcelo Ebrard
On Tuesday, November 24th, Marcelo Ebrard,.
Illegal logging, a problem afflicting the beekeeping industry in Yucatan
“It is urgent to update the.
Diego Maradona dies in Argentina
Argentine soccer player Diego Armando Maradona.
Tren Maya starts hiring construction workers in Yucatan
Maxcanú, Yucatán (November 24, 2020).- In.
Progreso will have the largest shipyard in Latin America
The project, result of an agreement.