

MEXICO CITY (Times Media Mexico) – A new article published by The Economist analyzes the new rules established by the Mexican Government for the operation of the electricity network in the country and how “nothing can shake fossil-fuel fixation” according to president López Obrador.
The Economist writes: “Dispatches of solar and wind energy are up a bit. In Mexico the weather is bright and breezy but the mood in the renewables industry is anything but. Instead of taking advantage of the pandemic to speed up the shift from oil to renewable energy, the country’s populist president, Andrés Manuel López Obrador, is doing roughly the opposite”…
The economic media highlighted that instead of taking advantage of the COVID-19 pandemic to accelerate the shift from oil to renewable energies, López Obrador did the opposite.
Julio Valle, of the Mexican Wind Energy Association, said that the new rules imposed by the Energy Secretariat (Sener) put renewable energy at a disadvantage and give priority to the most polluting and expensive energy from plants managed by the Federal Electricity Commission (CFE).
In late 2018, when he had just taken office, López Obrador canceled the fourth round of auctions of permits to supply renewable energy to the national electricity grid.
The actions regarding the recent regulations have baffled Mexican renewable energy investors.
Julio Valle said that by 2024 the wind industry expected to triple its capacity to 15 gigawatts; however, it is now likely to reach just over half that figure.
The Economist noted renewable energies “represent much of what López Obrador does not like”. Among other characteristics, generators are privately owned and often foreign, control is dispersed, and solar and wind farms appear risky.
The Yucatan Times
Newsroom
Comments
more recommended stories
AMLO continues to criticize US investigation
MEXICO CITY (AP) — On Monday,.
Government of Yucatan announces new food support program
The contingency left 140 thousand people.
AMLO says U.S. gets Mexico stance on ex-defense chief
MEXICO CITY (Reuters) – Mexico’s president.
Public apology to Yucatecan journalist sets historic precedent
In an event that marks a.
Quintana Roo entrepreneurs go out in search of foreign investment
In Chetumal, merchants are preparing to.
Burglary wave shakes up San Crisanto, Yucatan
The affected people call for greater.
New giant radio galaxies offer new insight of the universe
Radio galaxies get their name from.
Record breaking Cold streak in the Peninsula
According to UADY, there have not.
I will continue to use Facebook as long as they do not censor me: AMLO
President Andrés Manuel López Obrador assured.
The US says there is uncertainty about Mexico’s regulatory process, especially in the energy sector
The administration of Donald Trump warned.
Leave a Comment