In 2020 the requirement demands that 7.4 percent of electricity generated originates from clean energy sources. Large consumers of electricity (primarily industrial and commercial, also known as Qualified Consumers) are required to consume electricity generated from clean energy sources.
CFE GOB MX GENERATOR
In order to comply with national sustainable development and emissions reduction goals outlined in Mexico’s General Climate Change Law, the Mexican Government created Clean Energy Certificates (Certificados de Energías Limpias or CELs) in 2018.Ī CEL is granted per each MW/h of electricity produced by a generator using clean energy technologies. The energy reform also aimed to increase electricity coverage and stimulate the use of clean energy. This reform focused on increasing investment and growth by creating a wholesale electricity market to facilitate competition and reduce costs.
To understand the electricity market, it is important to take into account the country’s 2013-14 constitutional energy reform. However, recent policy changes are creating challenges for companies interested in participating in current and new renewable energy projects. If market conditions are favorable, Mexico could continue to attract investment for renewable energy projects,evidenced by three long-term auctions between 20. This document outlines the administration’s objective to have an energy sector based on clean technology that promotes productivity, sustainable development and social equality by 2050.Īccording to an International Renewable Energy Agency (IRENA) publication, Mexico has significant and diverse resource potential and could attract large-scale investments to diversify its energy supply. In January 2020, the Secretariat of Energy (Secretaría de Energía or SENER) published the Energy Transition Strategy to Promote the Use of Clean Fuels and Technologies on the Official Federal Gazette (Diario Oficial de la Federacion), which will be the guiding document for medium- and long-term clean energy obligations. In 2020, it is estimated that the power generation will account for 340,162 GWh (Gigawatt hours), with 31.6% projected from clean energy sources.
In 2019, the power generation in Mexico accounted for 327,965 GWh (Gigawatt hours), of which 26.6% was generated with clean energy sources including renewables, nuclear and efficient cogeneration.
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