Our Perspectives

Energy Procurement in Mexico
Energy Procurement in Mexico

June 16, 2020

Businesses and other organizations use 76% of the energy produced in Mexico, and they are increasingly interested in procuring renewable energy. Over 1,500 firms already use renewables, and capacity keeps rising. Mexico reached over 24,000 MW of sustainable energy capacity in 2019. As the number of market participants rises and the depth of the market increases, renewable power becomes more reliable and cost-effective.

 

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Risks are Rising in Mexico's Power Market
Risks are Rising in Mexico's Power Market

June 15, 2020

CENACE announced changes in regulations that will delay the addition of renewable power plants to Mexico's electrical grid. The regulatory change with the most immediate impact is the temporary suspension of commissioning tests for solar and wind plants, which means new plants cannot come online. 

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Capacity Prices and the Wholesale Electricity Market
Capacity Prices and the Wholesale Electricity Market

May 14, 2020

The Mexican Wholesale Electricity Market (MEM) is a short-term market where prices are determined one day in advance or in real-time. Electricity producers send bids to the National Center for Energy Control (CENACE) that indicate the amount of energy they are offering at a specific price. 

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The Status of Energy Auctions in Mexico
The Status of Energy Auctions in Mexico

May 01, 2020

The status of energy auctions in Mexico has become increasingly complicated, but private auctions still promise to help Mexico transition to clean energy. The immediate impact of private auctions will mostly be on existing projects, but they could lead to additional renewable energy development in the future. Some generators under construction were unable to contract all their energy or received overly low prices at previous auctions.

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