Skip to content

Share

  • Add this article to your LinkedIn page
  • Add this article to your Twitter feed
  • Add this article to your Facebook page
  • Email this article
  • View or print a PDF of this page
  • Share further
  • Add this article to your Pinterest board
  • Add this article to your Google page
  • Share this article on Reddit
  • Share this article on StumbleUpon
  • Bookmark this page
PA IN THE MEDIA

Mexico postpones clean-energy auction

Mark Repsher, energy markets expert at PA Consulting, discusses the Mexican government’s suspension of a planned auction of long-term clean-energy contracts as the new administration of President Andrés Manuel López Obrador reviews the plan.

Click here to read the full Wall Street Journal article. 

The article notes that Mr. López Obrador is skeptical about Mexico’s opening of the energy industry to the private sector, and plans to increase investment at state oil company Petróleos Mexicanos and state-owned electric utility CFE.

The independent power-grid operator, Cenace, said that the postponement of the Dec. 18 power auction until further notice will give time for the new government’s energy officials to revise the scope and aim of the program. The auction is the fourth in which developers vie to supply CFE with clean energy under long-term contracts.

The auctions helped lay the groundwork for the expansion of renewable energy in Mexico, although developers are also signing long-term contracts directly with large industrial users.

Mark says: “The auctions in a way have become an interesting sideshow, just to see how low prices will go."

He adds: "But there’s a lot of activity occurring outside of those auctions.”

Learn how to navigate the uncertain future of the electricity sector

Read our insights

 

Contact the energy and utilities team

×

By using this website, you accept the use of cookies. For more information on how to manage cookies, please read our privacy policy.