PARIS – Mexico officially became the International Energy Agency’s 30th member country on 17 February 2018, and its first member in Latin America. The membership came after the signed IEA treaty (the IEP Agreement) was deposited with the government of Belgium, which serves as the depository state, following ratification by the Mexican Senate.
The energy markets of Canada, Mexico, and the United States are becoming increasingly interdependent as physical infrastructure continues to be built across North America. With free trade treatment of many energy commodities, the three neighboring countries include each other’s largest import and export markets for many of these commodities.
IEA Executive Director Dr Fatih Birol travelled to Mexico this week to hold talks with Energy Secretary Joaquin Coldwell on the final stages of Mexico’s accession to the International Energy Agency. Secretary Coldwell noted that Mexico expects to complete the formal accession process within the coming months. Mexico would become the 30th member of the […]
It is estimated that last year more than 100 MW was installed in the segment. With the new business models will lead to a notable increase in the market this year. At the end of last year Mexico reached 220 MW of distributed generation solar projects in Mexico,according to calculations by Conermex based on data […]
MEXICO CITY – On Saturday, U.S. Secretary of Energy Ernest Moniz and Mexico’s Secretary of Energy Pedro Joaquin Coldwell, along with Federal Energy Regulatory Commision (FERC) Chairman Norman Bay, Energy Regulatory Commission (CRE) Chairman Guillermo Ignacio Garcia Alcocer and National Center for Energy Control (CENACE) Director Eduardo Meraz Ateca, together signed a non-binding foundational document that will support […]
CFE Calificados, the qualified supplier subsidiary of Mexico’s state power utility CFE, has completed the first hedge contract for the country’s power market with Frontera Mexico Generacion, a subsidiary of power generator Fisterra Energy. The hedge contract, known as a Transaccion Bilateral Financiera (TBFin), was completed over the week ended 19 November and allows CFE […]
The country needs entrepreneurs and businesspeople to produce or market inexhaustible natural electricity sources. The keys to success? Quality, efficiency and competitive prices. Experts like Elon Musk believe that it is a huge business opportunity. Twenty-three percent of the electricity in the world comes from renewable energies, and in Mexico that percentage is around 20. […]
*Article translated by Google Translate